This cluster is too small to warrant any trading action. Monitor for larger insider sales (>0.1% of market cap) or a cluster of C-suite buys for a meaningful signal. Progressive's next quarterly earnings will be the next catalyst.
Price Chart
Executive Summary
Two PGR insiders (Claims President and CIO) sold a combined $1.41M in open-market sales on June 5, 2026, at $200/share. The total value represents ~0.001% of Progressive's $119.2B market cap, making this a trivial cluster by proportionality. Per academic literature, insider sales are weak predictors and cluster sales are not more informative than non-cluster sales, especially at this negligible scale. The filing is routine and carries no actionable signal.
Key Financial Metrics
Key Facts
- Two insiders sold a total of $1.41M in open-market transactions on June 5, 2026
- Sales represent ~0.001% of PGR's $119.2B market cap — well below the 0.1% materiality threshold
- Both sellers are senior executives (Claims President and CIO), but the dollar amounts are trivial relative to company size
- No evidence of 10b5-1 plans or regular pattern — single-day cluster with identical execution price
Financial Impact
0.001% of market cap — economically negligible
Risk Factors
- No material risk identified from this filing — sales are trivial in size
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-PGR-1780942312878 |
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
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access