The sales align with typical post-award tax or diversification strategies; no red flags in magnitude or timing. Monitor for additional selling or commentary ahead of next earnings.
Price Chart
Executive Summary
Multiple executives at Progressive Corp, including the CEO, CFO, and CIO, engaged in insider transactions over the past week. The CEO, CFO, and CIO received non-cash stock awards, while the CIO and Chief Marketing Officer executed open-market share sales totaling approximately $610,000.
Key Financial Metrics
Key Facts
- CEO Susan Patricia Griffith was granted 11,254.169 shares (non-cash, $0 transaction value).
- CFO John P Sauerland was granted 3,546.369 shares (non-cash).
- CIO Jonathan S. Bauer was granted 4,220.898 shares and sold 2,266 shares for $460,111.30.
- Chief Marketing Officer Maribel Pumarejo sold 738.684 shares for $150,137.52.
- Total open-market sales in the cluster: $610,248.82.
Financial Impact
Approximately $610K in open-market share sales by two executives; offset by non-cash stock awards totaling over 19,000 shares.
Risk Factors
- Perception of insider selling could weigh on sentiment if misinterpreted.
- Concentration of selling among senior executives (CIO and CMO) may raise questions, though within normal range.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (5 trades, 7d window) | cluster-PGR-1772048739757 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 24, 2026 5w ago | Insider Cluster | $223.92 $206.94 | ▼ −7.58% | ▼ −8.90% | $210.32 (−6.08%) |
Aug 19, 2026 6w ago | Press Release | $217.27 $216.29 | ▼ −0.45% | ▲ +1.50% | $210.32 (−3.20%) |
Jul 29, 2026 9w ago | Insider Cluster | $219.99 $222.51 | ▲ +1.15% | ▼ −3.87% | $210.32 (−4.40%) |
Jul 28, 2026 9w ago | Insider Cluster | $219.52 $222.09 | ▲ +1.17% | ▼ −2.21% | $210.32 (−4.19%) |
Jul 28, 2026 9w ago | Insider Cluster | $219.52 $222.09 | ▼ −1.17% | ▲ +2.21% | $210.32 (+4.19%) |
Jul 15, 2026 11w ago | 8-K | $205.22 $207.35 | ▲ +1.04% | ▼ −1.31% | $210.32 (+2.48%) |
Jul 15, 2026 11w ago | Press Release | $205.22 $207.35 | ▼ −1.04% | ▲ +1.31% | $210.32 (−2.48%) |
Jul 2, 2026 13w ago | Court Ruling | $232.22 $213.28 | ▼ −8.16% | ▼ −7.74% | $210.32 (−9.43%) |
Jul 2, 2026 13w ago | Court Ruling | $232.22 $213.28 | ▼ −8.16% | ▼ −7.74% | $210.32 (−9.43%) |
Jun 25, 2026 14w ago | Insider Cluster | $215.54 $207.07 | ▼ −3.93% | ▼ −4.46% | $210.32 (−2.42%) |
US Market Status
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