Progressive Corp Executives Engage in Significant Stock Transactions
| Reporter Name | Relationship | Type | Amount | SEC Filing |
|---|---|---|---|---|
| Broz Steven | Chief Information Officer | Sell | $337,299 | Form 4 |
| Callahan Patrick K | Personal Lines President | Sell | $1,557,748 | Form 4 |
| Murphy John Jo | Claims President | Sell | $556,230 | Form 4 |
Several high-ranking officers at Progressive Corp have recently executed significant stock transactions, as reported in SEC Form 4 filings.
Steven Broz, the company's Chief Information Officer, sold 1,345 shares at a price of $250.78 each, totaling $337,299. This sale, conducted under a 10b5-1 trading plan adopted on January 30, 2025, leaves Broz with direct ownership of 31,732 shares.
Patrick K Callahan, Progressive's Personal Lines President, sold 6,232 shares at a weighted average price of $249.9597, amounting to $1,557,748. The transaction was carried out on August 22, 2025, under a 10b5-1 trading plan established on November 18, 2024. Post-sale, Callahan directly owns 21,611 shares.
John Jo Murphy, the Claims President, sold 2,218 shares at $250.78 each, for a total of $556,230. Following this transaction, Murphy's direct ownership stands at 45,723 shares, with an additional 15,168 shares held indirectly through a 401(k) Plan. This sale was also executed under a 10b5-1 trading plan, adopted on March 20, 2025.