PROGRESSIVE CORP/OH/
For the period ended Dec 31, 2025. Filed Mar 2, 2026.
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FY2025 · Filed Mar 2, 2026
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Item 9B. OTHER INFORMATION
(b)Insider Trading Arrangements
During the fourth 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 the sale of all of or a certain percentage 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).
Below are the details of each applicable Rule 10b5-1 trading arrangement:
| Name | Title | Date Entered | Date Expires1 |
|---|---|---|---|
| Karen B. Bailo | Commercial Lines President | November 20, 2025 | August 3, 2026 |
| Patrick K. Callahan | Personal Lines President | November 20, 2025 | October 30, 2026 |
| Carl G. Joyce | Vice President and Chief Accounting Officer | November 20, 2025 | March 31, 2026 |
1 Subject to the plan’s earlier expiration or completion in accordance with its terms.
Additional Information
President and CEO Susan Patricia Griffith’s annual letter to shareholders is included as Exhibit 99 to this Form 10-K and in our online shareholders’ report located on our investor relations website at: investors.progressive.com/financials.
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