Summary by Moomoo AI
On 01/01/2025, Andrew J Quigg, Chief Strategy Officer of Progressive, exercised derivative securities and subsequently sold shares. Quigg acquired 2,157.732 shares of Common Stock at $0 through the exercise of derivative securities, likely stock options or restricted stock units.Immediately following this acquisition, Quigg disposed of 644 shares at a price of $240.31 per share, resulting in a total transaction value of $154,759.64. This disposal was likely to cover tax liabilities or exercise costs associated with the option exercise.After these transactions, Quigg's direct ownership of Progressive Common Stock stands at 34,293.307 shares. The transactions were reported as completed, indicating they have already taken place despite the future date, which may be an error in the filing.