Form 4: Progressive Corp Executive Clawson William L. II Reports Stock Transactions

William L. Clawson II, Chief Human Resources Officer of Progressive Corp, reports the vesting and subsequent disposition of restricted stock units.

Summary

• On January 21, 2025, William L. Clawson II, Chief Human Resources Officer of Progressive Corp, reported transactions involving the company's stock.
• The transactions involved the vesting of 1,738.565 restricted stock units, which converted into an equal number of common shares.
• Clawson also disposed of 522 common shares at a price of $243.34 per share.
• Following these transactions, Clawson directly owns 9,367.622 common shares and 9,001.447 restricted stock units.
• The vesting of the restricted stock units included dividend equivalent units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is a common practice in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive stock transactions.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Transaction, Restricted Stock Units, Progressive Corp, PGR, Clawson William L. II, Chief Human Resources Officer