Summary by Moomoo AI
On 01/01/2025, John Jo Murphy, Claims President of Progressive, executed a series of stock transactions. Murphy exercised derivative securities, acquiring 2,427.531 shares of Common Stock at $0 per share. Subsequently, he disposed of 763 shares at $240.31 each, totaling $183,356.53, to cover exercise costs or tax liabilities.Following these transactions, Murphy directly owns 46,951.504 shares of Progressive's Common Stock. Additionally, he indirectly holds 14,877.518 shares through a 401(k) Plan. The transactions, which have been completed, reflect a standard exercise and sell-to-cover strategy often used by executives for option-based compensation.
