Quigg Andrew J 4
4 · PROGRESSIVE CORP/OH/ · Filed Mar 25, 2026
Research Summary
AI-generated summary of this filing
Progressive (PGR) Andrew Quigg Receives Restricted Stock Award
What Happened Andrew J. Quigg, Chief Strategy & Finance Manager at Progressive (PGR), was granted 2,926 restricted stock units (RSUs) on 2026-03-24. The grant shows an acquisition price of $0.00 (typical for compensation awards); the award is a derivative grant that converts to common shares upon vesting.
Key Details
- Transaction date: 2026-03-24; filing date: 2026-03-25.
- Award: 2,926 RSUs granted at $0.00 (no cash paid).
- Vesting: RSUs vest in three equal annual installments on Jan 16, 2029; Jan 15, 2030; and Jan 21, 2031 (subject to plan terms and forfeiture). (Footnotes: each RSU = right to one common share; expiration = date exercisable.)
- Shares owned after transaction: not stated in the reported data.
- Filing timeliness: filed the next day (2026-03-25); no late-filing indication in the report.
Context This was a compensation award (grant of RSUs), not an open-market purchase or sale. RSUs do not convert into actual shares until they vest, so this grant does not represent an immediate buy or sell decision by the insider. Such awards are common for executive compensation and do not by themselves indicate a buy/sell signal.
Insider Transaction Report
- Award
Restricted Stock Unit
[F1][F2][F3]2026-03-24+2,926→ 12,151.01 total→ Common (2,926 underlying)
Footnotes (3)
- [F1]Each Restricted Stock Unit represents a contingent right to receive one Common Share of the Company's stock.
- [F2]These units will vest in three equal annual installments on each of January 16, 2029, January 15, 2030, and January 21, 2031, subject to earlier vesting or forfeiture in accordance with the plan and the award agreement.
- [F3]Expiration Date is the same as the Date Exercisable.