A Form 4 filed on August 24, 2026, disclosed that Steven Broz, Chief Information Officer of Progressive Corp/OH/ (NYSE:PGR), sold 1,225 shares of common stock on August 20, 2026, under a pre-established Rule 10b5-1 trading plan.

Key Highlights

  • Reporting person: Steven Broz, identified in the filing as Chief Information Officer of Progressive Corp/OH/
  • Transaction: 1,225 shares of common stock disposed of (transaction code S) on August 20, 2026
  • Sale price: $219.4 per share, as reported in the filing
  • Remaining ownership: 31,256.945 shares of common stock held directly following the transaction
  • 10b5-1 plan: The sale was made pursuant to a trading plan adopted by Broz on February 19, 2026

Steven Broz's Share Sale Under a Pre-Planned Trading Program

According to the filing, Steven Broz sold 1,225 shares of Progressive Corp/OH/ common stock at a price of $219.4 per share on August 20, 2026. The transaction is coded "S" in Table I of the Form 4, indicating a sale, with the shares recorded as disposed of (D). Following the transaction, Broz directly held 31,256.945 shares of common stock, the filing reported.

The filing notes that the transaction "was made pursuant to a 10b5-1 trading plan adopted by the reporting person as of February 19, 2026." Rule 10b5-1 plans allow corporate insiders to schedule securities transactions in advance under conditions intended to satisfy an affirmative defense against insider trading claims. The Form 4 carries a checkmark indicating that the transaction was made pursuant to a contract, instruction, or written plan meeting the conditions of Rule 10b5-1(c).

No derivative securities transactions were reported in Table II of the filing. The Form 4 was signed by Allyson L. Bach, by Power of Attorney, and filed on August 24, 2026. The filing covers only the single transaction dated August 20, 2026, and was filed by one reporting person.

What Was Disclosed

Progressive Corp/OH/ Chief Information Officer Steven Broz disclosed the sale of 1,225 common shares at $219.4 per share on August 20, 2026, executed under a 10b5-1 plan adopted February 19, 2026, leaving him with 31,256.945 directly held shares.