Form 4: Progressive Corp Director Susan Griffith Reports Stock Gift and Beneficial Ownership Changes

Susan Griffith, a Director and President/CEO of Progressive Corp, reported a gift of 5,000 shares and updates to her beneficial ownership, including holdings in a husband's trust and 401(k) plan.

Summary

• On July 1, 2024, Susan Griffith, a Director and the President and CEO of Progressive Corp, reported a transaction involving the company's common stock.
• The transaction involved a gift of 5,000 shares.
• Following the transaction, Griffith directly owns 473,734.74 shares of Progressive Corp common stock.
• Griffith also has indirect ownership through her husband's trust (64,811.096 shares), her 401(k) plan (15,448.049 shares), and her husband (19,108 shares).

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't convey any particular positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common for executives and directors of publicly traded companies. It provides transparency into their trading activities and beneficial ownership.

Stakeholder Impact

• The transaction itself is unlikely to have a significant impact on stakeholders.
• The disclosure provides transparency to shareholders regarding insider transactions.

Key Dates