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AI English summary of an SEC filing — figures as filed

Progressive logoProgressive PGR

The company said shareholders represented 511,221,365 common shares in person or by proxy at its annual meeting on May 9, 2025, and that shareholders elected 11 directors.

8-KSubmission of Matters to a Vote of Security HoldersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said shareholders represented 511,221,365 common shares in person or by proxy at its annual meeting on May 9, 2025, and that shareholders elected 11 directors.

  2. The company said the advisory vote on executive compensation drew 449,062,926 votes for, 28,421,323 against, 627,686 abstentions and 33,109,430 broker non-votes.

  3. The company said shareholders voted 471,787,568 for, 34,866,806 against and 4,566,991 abstentions on the proposal to ratify PricewaterhouseCoopers LLP as its independent registered public accounting firm for 2025, and that there were no broker non-votes.

  4. Progressive said on May 9, 2025 that its board renewed the authorization to repurchase up to 25 million common shares, par value $1.00, and declared a quarterly common share dividend of ten cents ($0.10) per share. The dividend is payable on July 11, 2025, to shareholders of record on July 3, 2025.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Shareholders elect 11 directors

The company said shareholders represented 511,221,365 common shares in person or by proxy at its annual meeting on May 9, 2025, and that shareholders elected 11 directors.

Source · Based on the filing body and exhibits

Advisory vote on executive pay results

The company said the advisory vote on executive compensation drew 449,062,926 votes for, 28,421,323 against, 627,686 abstentions and 33,109,430 broker non-votes.

Source · Based on the filing body and exhibits

Auditor ratification results

The company said shareholders voted 471,787,568 for, 34,866,806 against and 4,566,991 abstentions on the proposal to ratify PricewaterhouseCoopers LLP as its independent registered public accounting firm for 2025, and that there were no broker non-votes.

Source · Based on the filing body and exhibits

Buyback renewal and dividend

Progressive said on May 9, 2025 that its board renewed the authorization to repurchase up to 25 million common shares, par value $1.00, and declared a quarterly common share dividend of ten cents ($0.10) per share. The dividend is payable on July 11, 2025, to shareholders of record on July 3, 2025.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.