Monitor for further insider selling, especially from top executives, and check for any upcoming earnings warnings or operational changes. While the dollar amount is small relative to market cap, the involvement of a business unit president raises concern.
Price Chart
Executive Summary
Two Progressive Corp executives sold shares in a coordinated 7-day window, including Commercial Lines President Karen Bailo selling $745,604 worth of stock. Both transactions were open-market sales at $212 per share, totaling $775,496 in combined value.
Key Financial Metrics
Key Facts
- Commercial Lines President Karen Bailo sold 3,517 shares for $745,604 in an open-market transaction.
- Chief Accounting Officer Joyce Carl sold 141 shares for $29,892, also in an open-market sale.
- Total insider selling in cluster: $775,496 over 7 days.
- Sales represent 0.0006% of Progressive's $123.4B market cap — modest in scale but notable given C-suite participation.
Financial Impact
$775,496 in open-market insider sales over 7 days
Risk Factors
- Potential signal of weakening confidence in near-term performance by senior executives.
- Risk of negative perception among investors if selling trend continues ahead of earnings.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (2 trades, 7d window) | cluster-PGR-1773076119564 |
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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