Form 4: Progressive Corp Officer Andrew J Quigg Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Andrew J Quigg, Chief Strategy Officer of Progressive Corp, reports acquiring restricted stock units through dividend equivalent reinvestment.
Summary
- On April 12, 2024, Andrew J Quigg, Chief Strategy Officer of Progressive Corp, acquired 7,817 restricted stock units (RSUs).
- The acquisition was a result of reinvesting dividend equivalents.
- These RSUs will vest at the same time as the Restricted Stock Units to which they relate.
- Following the transaction, Quigg directly owns 16,139.976 RSUs.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock-based compensation for a company executive, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 04/12/2024 | Date of transaction: Andrew J Quigg acquired restricted stock units. |
| 04/16/2024 | Date of report signature. |
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