Quigg Andrew J sold $770K of PGR
Quigg Andrew J (VP and Chief Financial Officer) sold 3,499 shares of PROGRESSIVE CORP/OH/ (PGR) at $220.00 ($0.77M total) on 2026-07-28 under a Rule 10b5-1 trading plan.
How this was made
The 30-second read
Why it matters
The newest fact is the specific sale size (3,499 shares) and price ($220/share) executed on 2026-07-28 under a pre-arranged 10b5-1 plan.
Market read
Traders may note the insider sale for sentiment monitoring, but it does not introduce new fundamentals.
What to watch
The disclosure does not state the reason for the sale, and 10b5-1 plans are designed to reduce timing-based inference.
Background
The article is an SEC Form 4 insider transaction disclosure for Progressive’s CFO.
Ticker impact
SEC Form 4 shows CFO Andrew J. Quigg sold 3,499 shares of Progressive at $220/share under a 10b5-1 plan.
Likely minimal near-term impact; any effect would be sentiment-only rather than fundamental.
The filing is a routine insider transaction with explicit 10b5-1 pre-arrangement, and it provides no new operating, regulatory, or financial guidance.
Market effects
No clear sector read-through from a single disclosed 10b5-1 insider sale.
None indicated.
None indicated.
Counterpoint
Even with a 10b5-1 plan, repeated insider selling can still be watched as a weak sentiment signal, especially if clustered with other insider activity.
Key entities
- issuerProgressive Corp
Subject of the Form 4 insider transaction disclosure.
- insiderAndrew J. Quigg
Progressive CFO who sold shares under a 10b5-1 plan.
