SAUERLAND JOHN P (VP and Chief Financial Officer) exercised options at PROGRESSIVE CORP/OH/
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 1/22/2026ACC: 0000080661-26-000062
Officer· VP and Chief Financial Officer
Since Jul 2018
-2.34K
Net shares
Net seller
$470.9K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
6.78K acquired · 9.12K disposed
Non-Derivative Transactions2
Common
Direct
Shares
+6.78K
Price / share
—
Trade value
—
% of position
3.0%
1/20/2026
223.02K→229.80K
Common
Direct
Shares
−2.34K
Price / share
$201.32
Trade value
$470.89K
% of position
1.0%
1/20/2026
229.80K→227.46K
Total
Net shares
+4.44K
Net value
-$470.89K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Direct | 1/20/2026 | M · Option Exercise | +6.78K | — | — | 3.0% | 223.02K | 229.80K |
| Common Direct | 1/20/2026 | F · Tax Withholding | −2.34K | $201.32 | $470.89K | 1.0% | 229.80K | 227.46K |
| Total | +4.44K | -$470.89K | ||||||
Derivative Transactions1
Restricted Stock Unit
Direct
Converts to
Common
6.78K shares
Shares
−6.78K
Strike price
Held after
12.83K
Exercisable
—
1/20/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Unit Direct | Common6.78K shares | 1/20/2026 | M · Option Exercise | −6.78K | — | 12.83K |
Non-Derivative Holdings (Post-Transaction)1
Common
IndirectShares owned14.45K
Total
14.45K indirect14.45K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common | 14.45K | Indirect |
| Total | 14.45K | 14.45K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported