SEC Form 4 · accession 0001127602-18-025761
PROGRESSIVE CORP/OH/ · PGR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John P Sauerland
Officer — VP and Chief Financial Officer
Period of report
Aug 16, 2018
Accepted (ET)
Aug 20, 2018 · 1:02 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000080661
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| CommonF2 | Aug 16, 2018 | S | 12,000 | $64.25 | D | 390,584 | D | |
| Common | holding | — | — | — | 11,458 | I | 401(k) Plan | |
| Common | holding | — | — | — | 1,200 | I | By Child |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sale reported on this Form 4 was made pursuant to a 10b5-1 trading plan adopted by the reporting person as of April 18, 2018.
- F2The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $63.973 to $64.54, inclusive. The reporting person undertakes to provide to The Progressive Corporation, any security holder of The Progressive Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.