Form 4: Progressive Corp Director Philip Bleser Sells Shares
SEC Form 4 Filing
Director Philip Bleser sold 2,129 shares of Progressive Corp (PGR) at $219.08 per share on July 17, 2024.
Summary
- On July 17, 2024, Philip Bleser, a director of Progressive Corp (PGR), sold 2,129 shares of common stock.
- The sale price was $219.08 per share.
- Following the transaction, Bleser directly owns 974 shares of Progressive Corp.
Sentiment
Score: 5
Explanation: This is a neutral transaction; a routine sale of shares by a company director. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in the company's stock.
Stakeholder Impact
- The sale of shares by a director could have a minor psychological impact on shareholders, but the transaction is relatively small.
Key Dates
| Date | Description |
|---|---|
| 07/17/2024 | Date of the transaction: Philip Bleser sold shares of Progressive Corp. |
| 07/19/2024 | Date of signature on the Form 4 filing. |
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