PGR PROGRESSIVE CORP/OH/

BEARISH Impact: 6/10 Insider Cluster (2 insiders)
Horizon days Filed Mar 5, 2026 Processed 3mo ago
Insider cluster: 2 insiders, $775K total
Final — all horizons settled through T+60d ⚠ clustered
PGR ▼ -8.42% at T+60d
SHORT call ✓ call won +8.42% · α vs SPY +19.72% · entry $210.39 → $192.67
Last close $203.11 (close Jun 12) · +3.46% from $210.39 entry (call sign-flipped)
Entry anchored
Mar 4, 03:59 PM ET
via Databento tick
T+1d
+0.05%
call -0.05% · α -1.36%
$210.49
settled 3mo ago
T+5d
-2.61%
call +2.61% · α +0.37%
$204.90
settled 3mo ago
T+20d
-7.36%
call +7.36% · α +3.57%
$194.90
settled 3mo ago
T+60d
-8.42%
call +8.42% · α +19.72%
$192.67
settled 17d ago

Price Chart

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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

Direction
selling
Total Value
$775.5K
Insiders
2

Actionable Insight

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.

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

insider sentimentshareholder confidence

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

Exchange
NYSE

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CONTEXT: Insider Cluster Data (2 trades, 7d window)cluster-PGR-1773076119564
14 reports for PGR
Performance horizon
67% Hit rate 2 of 3 directional calls best @ T+20▲ +1.40%Apr 15, 2026
Filters
Rows
Reports for PGR — sortable, filterable
Type Now
Jun 8, 2026
6d ago
Insider Cluster
NEUTRAL ★ 2/10
$201.49 awaiting T+5awaiting T+5$203.11 (+0.80%)
May 20, 2026
25d ago
8-K
NEUTRAL ★ 5/10
$202.55 $194.50▼ −3.97%▼ −5.78%$203.11 (+0.28%)
May 20, 2026
25d ago
Press Release
MIXED ★ 5/10
$202.55 $194.50▼ −3.97%▼ −5.78%$203.11 (+0.28%)
May 18, 2026
28d ago
Court Ruling
NEUTRAL ★ 2/10
$203.69 $198.73▼ −2.44%▼ −4.05%$203.11 (−0.28%)
May 13, 2026
4w ago
Court Ruling
BEARISH ★ 6/10
$195.94 $202.55▼ −3.37%▼ −3.51%$203.11 (−3.66%)
May 12, 2026
4w ago
8-K
NEUTRAL ★ 3/10
$198.38 $204.00▲ +2.83%▲ +2.76%$203.11 (+2.39%)
Apr 15, 2026
8w ago
8-K
BULLISH ★ 8/10
$201.25 $202.55▲ +0.65%▼ −0.99%$203.11 (+0.93%)
Apr 15, 2026
8w ago
Press Release
BEARISH ★ 6/10
$201.25 $202.55▼ −0.65%▲ +0.99%$203.11 (−0.93%)
Mar 24, 2026
11w ago
Press Release
NEUTRAL ★ 5/10
$206.13 $198.18▼ −3.86%▼ −3.43%$203.11 (−1.46%)
Mar 23, 2026
11w ago
DEFA14A
NEUTRAL ★ 2/10
$205.11 $201.38▼ −1.82%▲ +1.74%$203.11 (−0.97%)
Showing 10 of 14

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