Broz Steven sold $250K of PGR
Broz Steven (Chief Information Officer) sold 1,225 shares of PROGRESSIVE CORP/OH/ (PGR) at $204.29 ($0.25M total) on 2026-09-24 under a Rule 10b5-1 trading plan.
How this was made
The 30-second read
Why it matters
A modest insider sell typically exerts limited pressure, especially when executed via a pre‑arranged plan.
Market read
Routine insider sale with modest size; low immediate trading relevance.
What to watch
Potential upcoming strategic moves or compensation plans not disclosed.
Background
Form 4 filings disclose insider transactions; investors monitor them for signals about company outlook.
Ticker impact
CIO Broz Steven sold 1,225 shares of Progressive Corp (PGR) for $204.29 each via a 10b5-1 plan, reducing his holdings to 30,032 shares.
likely modest pressure as the market prices in the insider sell
A $250k sale by a senior officer is a routine disclosure; investors may view it as a minor bearish cue.
Market effects
Minimal effect on the insurance sector; insider activity is routine.
Limited to U.S. markets where PGR trades.
Low; no broader market implications.
Counterpoint
The sale could be unrelated to fundamentals; price may remain stable.
Key entities
- CompanyProgressive Corp
U.S. insurance provider (ticker PGR).
- ExecutiveBroz Steven
Chief Information Officer of Progressive Corp.

