Sentiment · PGR
Insider Form 4 for PGR
AI-generated plain-English read of insider form 4 for PGR. Updated daily.
Insiders selling heavily: read carefully
moderateHeavy insider selling dominates the channel. Before acting on this, check whether sales are tied to pre-scheduled 10b5-1 plans, but the scale is worth scrutinizing.
What will probably happen
- Heavy selling by multiple insiders is a yellow flag: not always bearish (many are 10b5-1 plan-driven), but worth verifying the underlying thesis.
- If the sales are confirmed discretionary (not pre-scheduled), the market often corrects over the following 1–3 months.
- MSPR trend confirms: monthly share purchase ratio has been negative, consistent with the selling pattern.
What to do
- If you HOLD this stock
- Heavy insider selling warrants a thesis review. Hold for now but tighten your stop and verify whether sales are pre-scheduled.
- If you TRADE this stock (no options)
- Avoid new longs until selling exhausts. If you must trade, keep position size small and stops tight.
- If you trade OPTIONS
- Long puts or protective put on existing longs. Verify 10b5-1 status before sizing: pre-scheduled plans reduce the signal edge.
4 P/S transactions in 90 days.
Technical details
Technical analysis
- Cluster
- concentrated
- Magnitude
- heavy
- MSPR trend
- confirming
- Top insider
- Griffith Susan Patricia
- Net direction
- bearish sell
- Buy count (90d)
- 0
- Buy value (90d)
- $0.00
- MSPR recent avg
- -20.324
- Sell count (90d)
- 4
- Sell value (90d)
- $8.99M
- Distinct insiders
- 2
Key levels
| Level | Value |
|---|---|
| ps count | 4 |
| sell value | 8,988,278.25 |
| max sell value | 8,195,691 |
| mspr recent avg | -20.324 |
| distinct insiders | 2 |
Caveats
- Many Form 4 sales are pre-scheduled 10b5-1 plans: these are legally non-discretionary and are often set up months before execution. A cluster of sales does not necessarily reflect a negative view on the stock.
- 84 non-discretionary transactions (option exercises, awards, tax-withhold, gifts) totaling ~$22.94M were excluded from the headline read. Sales immediately following option exercises are often tax-withholding noise, not negative signals.
- Net flow is dominated by a single insider (Griffith Susan Patricia). One-person conviction is less reliable than broad-based insider consensus.