Summary by Moomoo AI
On 01/01/2025, William L. Clawson II, Chief Human Resources Officer of Progressive, exercised stock options and sold shares in a series of transactions. Clawson acquired 607.502 shares of common stock at $0 per share through the exercise of derivative securities.Immediately following this acquisition, Clawson disposed of 215 shares at $240.31 per share, generating proceeds of $51,666.65. This transaction was executed to cover the exercise price or tax liability associated with the option exercise.After these transactions, Clawson's direct ownership in Progressive common stock stands at 8,151.057 shares. The transactions were reported as completed, reflecting changes in the executive's stock ownership position.