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Progressive | 4: Statement of changes in beneficial ownership of securities-Officer Sauerland John P

SEC ·  Jan 1 04:00

Summary by Moomoo AI

John P. Sauerland, VP and Chief Financial Officer of Progressive, is set to sell 10,000 shares of common stock on December 30, 2024. The transaction will be executed at a price of $238.66 per share, totaling approximately $2.39 million.Following the sale, Sauerland will directly own 282,958 shares of Progressive common stock. Additionally, he indirectly holds 13,322 shares through a 401(k) plan. The transaction is classified as an open market or private sale.This planned sale represents a small portion of Sauerland's total holdings in the company. The transaction date is notably in the future, indicating a pre-arranged trading plan, which is common for executives to avoid insider trading concerns.
John P. Sauerland, VP and Chief Financial Officer of Progressive, is set to sell 10,000 shares of common stock on December 30, 2024. The transaction will be executed at a price of $238.66 per share, totaling approximately $2.39 million.Following the sale, Sauerland will directly own 282,958 shares of Progressive common stock. Additionally, he indirectly holds 13,322 shares through a 401(k) plan. The transaction is classified as an open market or private sale.This planned sale represents a small portion of Sauerland's total holdings in the company. The transaction date is notably in the future, indicating a pre-arranged trading plan, which is common for executives to avoid insider trading concerns.
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This announcement is a separate document:

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