Item 5. Other Information.
2K characters. Original on sec.gov ·
Item 5. Other Information.
(c) Insider Trading Arrangements
During the first quarter 2026, certain executive officers entered into Rule 10b5-1 trading arrangements that are intended to satisfy the affirmative defense of Rule 10b5-1(c). The trading arrangements provide for: (i) the sale of all (or a certain percentage) of the shares issued upon vesting for certain outstanding equity awards previously granted to the applicable executive, excluding any shares withheld by the company to satisfy tax withholding obligations (see our 2026 Proxy Statement for a description of the company’s equity compensation plans) and (ii) the sale and/or gift of a certain amount of shares (see “Additional or Specified Shares” below) held by the applicable executive, that are not sold in connection with the vesting of an outstanding equity award (as described above), some of which may have been the result of a prior vesting event for the applicable executive.
Below are the details of each applicable Rule 10b5-1 trading arrangement:
| Name | Title | Date Entered | Date Expires****1 | Additional or Specified Shares | ||||||||||
| Steven A. Broz | Chief Information Officer | February 19, 2026 | December 31, 2026 | 3,470 | ||||||||||
| Susan Patricia Griffith | President and Chief Executive Officer | March 30, 2026 | February 26, 2027 | 13,422 | ||||||||||
| John Murphy | Claims President | February 19, 2026 | January 29, 2027 | 5,916 | ||||||||||
| Andrew J. Quigg | Chief Strategy and Finance Management Officer | January 29, 2026 | January 29, 2027 | 531 |
1 Subject to the plan’s earlier expiration or completion in accordance with its terms.
Additional Information
President and CEO Susan Patricia Griffith’s quarterly letter to shareholders is included as Exhibit 99 to this Quarterly Report on Form 10-Q and in our online shareholders’ report located on our investor relations website at: investors.progressive.com/financials.
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