Broz Steven, Chief Information Officer at Progressive Corp. (PGR), has demonstrated a consistent pattern of selling company stock over the past two years, with no recorded purchases in SEC filings. His 37 reported transactions, all involving PGR, total $7.79 million in sales, with seven recent disposals continuing this trend. Notably, on July 24, 2026, he sold shares worth $1.02 million, following a $237,176 transaction the previous day. Earlier in 2026, he executed a $309,630 sale on January 20, while late 2025 saw multiple disposals including $302,131 on December 19 and $307,050 on November 21.
The transactions show a recurring cadence, with sales typically ranging from $295,900 to $337,299 per transaction, though some larger dispositions exceed $1 million, such as the $1.36 million sale on July 25, 2025. The filings indicate no offsetting buys, suggesting a sustained reduction in his PGR holdings. While many filings represent routine transactions (coded "A" for awards or "M" for exercises), the "S" and "F" codes confirm outright sales or dispositions. This activity reflects a clear directional bias toward divestment rather than accumulation in his sole reported equity holding.
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