Broz Steven

Steven Broz's Form 4 record at Progressive Corp — 151 transactions since March 2016, all sales, totaling 202,085 shares with zero purchases — shows a distinctive rhythm underneath the aggregate numbers. His recent open-market sales cluster into near-identical share-count tranches at roughly monthly intervals: 1,267 shares sold three times between May and July 2025 (at $277.81, $260.38, and $247.54 respectively), then roughly 1,345 shares sold five times between August and December 2025 (prices ranging from $220 to $250.78), then 1,157 shares sold twice in June 2026 ($200 and $204.76). The share counts step up or down periodically while staying essentially constant within each stretch, and the sales land regardless of where the price happens to sit that month — the hallmark of a scheduled selling program rather than opportunistic timing. Layered on top of that steady cadence are larger, less frequent events: a July 25, 2025 stock award of 12,187 shares (with 5,463 shares withheld for taxes at $249.44), and twin option-exercise events in January 2025 and January 2026, each pairing two equal-sized exercises with a single tax-withholding transaction.