Form 4: Progressive Corp Executive Mariann Wojtkun Marshall Adjusts Holdings in Company Stock Fund
SEC Form 4 Filing
Mariann Wojtkun Marshall, Chief Accounting Officer of Progressive Corp, transferred a portion of her investment in the company stock fund to alternative investment funds within the 401(k) plan.
Summary
- On September 24, 2024, Mariann Wojtkun Marshall, the Chief Accounting Officer of Progressive Corp, executed a transaction involving the company's stock.
- Marshall transferred 2,500 shares of Progressive Corp common stock from the company stock fund within her 401(k) plan to alternative investment funds offered under the plan.
- The price per share for the disposed shares was $255.65.
- Following the transaction, Marshall indirectly owns 8,197.67 shares through the 401(k) plan and directly owns 3,981.326 shares.
Sentiment
Score: 5
Explanation: The document is a neutral report of a stock transaction by an officer, with no inherent positive or negative implications.
Management Comments
- The reporting person transferred a portion of the reporting person's investment in the company stock fund to alternative investment funds offered under the plan.
Industry Context
This Form 4 filing is a routine disclosure of a transaction by a company insider and doesn't necessarily indicate a broader trend within the insurance industry.
Key Dates
| Date | Description |
|---|---|
| 09/24/2024 | Date of the stock transaction where 2,500 shares were transferred. |
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