PROGRESSIVE CORPOH
For the period ended Mar 31, 2025. Filed May 5, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 5, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 5. Other Information
(c)Insider Trading Arrangements
During the first quarter 2025, certain executive officers entered into Rule 10b5-1 trading arrangements that are intended to satisfy the affirmative defense of Rule 10b5-1(c). The executive officers’ plans provide for: (i) the sale of all of the shares issued upon vesting for certain outstanding equity awards previously granted to the applicable executive officer, excluding any shares withheld by the company to satisfy tax withholding obligations (see our 2025 Proxy Statement for a description of the company’s equity compensation plans) and, (ii) for three executives, the sale and/or gift of a certain amount of additional shares (see“Additional or Specified Shares” below) held by the applicable executive, that are not sold in connection with the vesting of an outstanding equity award (as described in (i) above), some of which may have been the result of a prior vesting event for the executive.
Below are the details of each applicable Rule 10b5-1 trading arrangement:
| Name | Title | Date Entered | Date Expires1 | Additional or Specified Shares |
|---|---|---|---|---|
| Steven A. Broz | Chief Information Officer | January 30, 2025 | December 31, 2025 | 3,801 |
| Susan Patricia Griffith | President and Chief Executive Officer | March 30, 2025 | February 27, 2026 | 15,000 |
| Remi Kent | Chief Marketing Officer | March 24, 2025 | February 6, 2026 | 0 |
| John Murphy | Claims President | March 20, 2025 | February 2, 2026 | 8,000 |
| Lori Niederst | Customer Relationship Management President | March 28, 2025 | March 31, 2026 | 0 |
| Andrew J. Quigg | Chief Strategy Officer | January 30, 2025 | January 30, 2026 | 0 |
1 Subject to the plan’s earlier expiration or completion in accordance with its terms.
Additional Information
President and CEO Susan Patricia Griffith’s quarterly letter to shareholders is included as Exhibit 99 to this Quarterly Report on Form 10-Q and in our online shareholders’ report located on our investor relations website at: investors.progressive.com/financials.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.