Quigg Andrew J, Vice President and Chief Financial Officer, has demonstrated a consistent pattern of selling activity in his insider transactions, as reflected in SEC Form 4 filings. Over 33 reported trades, all transactions involve shares of The Progressive Corporation (PGR), with no recorded purchases. The total sell value amounts to $6,032,850.08, indicating a clear bias toward divestment. Recent filings highlight this trend, with five sales occurring between January 2025 and July 2026. Notable transactions include a sale on July 28, 2026, valued at $769,780, and another on July 25, 2025, totaling $1,296,339.68. Smaller sales, such as $234,044.98 on January 22, 2025, and $164,870.10 on January 3, 2025, further underscore this pattern.
The filings also include multiple awards and acquisitions of shares with zero reported value, suggesting these transactions may involve equity grants or other non-cash compensation. For example, awards were recorded on July 25, 2025, and January 21, 2025, but no monetary value was assigned. These awards appear to complement the selling activity, as Quigg frequently liquidates portions of his holdings. The absence of any buying activity, coupled with the consistent selling, points to a strategy of reducing exposure to PGR stock over time. This transactional behavior provides a clear window into Quigg’s financial decisions, emphasizing a focus on monetizing his equity position in Progressive Corporation.
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