Form 4: Progressive Corp Director Devin C. Johnson Sells 400 Shares
SEC Form 4 Filing
Director Devin C. Johnson sold 400 shares of Progressive Corp (PGR) at $275.04 on March 25, 2025.
Summary
- On March 25, 2025, Devin C. Johnson, a director of Progressive Corp (PGR), sold 400 shares of common stock.
- The transaction was executed at a price of $275.04 per share.
- Following the transaction, Johnson directly owns 8,370 shares of Progressive Corp.
- The sale was reported on a Form 4 filing with the SEC on March 26, 2025.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by a company director. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information about the transaction.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, such as directors and officers, trade their company's stock. These filings provide transparency into insider transactions and are closely watched by investors.
Stakeholder Impact
- The sale of shares by a director could be perceived neutrally or slightly negatively by shareholders, depending on the context and the director's reasons for selling.
Key Dates
| Date | Description |
|---|---|
| 03/25/2025 | Date of transaction: Devin C. Johnson sold 400 shares of PGR. |
| 03/26/2025 | Date of Form 4 filing with the SEC. |
Keywords
Form 4, Progressive Corp, Director, Share Sale, PGR, SEC Filing, Beneficial Ownership, Transaction
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