John Peter Sauerland
Net Worth
Last updated:
What is John Peter Sauerland net worth?
The estimated net worth of Mr. John Peter Sauerland is at least $151,508,340 as of 29 Nov 2024. He owns shares worth $73,825,416 as insider, has earned $27,902,924 from insider trading and has received compensation worth at least $49,780,000 in The Progressive Corporation.
What is the salary of John Peter Sauerland?
Mr. John Peter Sauerland salary is $2,620,000 per year as Vice President & Chief Financial Officer in The Progressive Corporation.
How old is John Peter Sauerland?
Mr. John Peter Sauerland is 61 years old, born in 1964.
What stocks does John Peter Sauerland currently own?
As insider, Mr. John Peter Sauerland owns shares in one company:
| Company | Title | Shares | Price per share | Total value |
|---|---|---|---|---|
| The Progressive Corporation (PGR) | Vice President & Chief Financial Officer | 292,958 | $252 | $73,825,416 |
What does The Progressive Corporation do?
The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, general liability, and other specialty property-casualty insurance products and related services in the United States. It operates in three segments: Personal Lines, Commercial Lines, and Property. The Personal Lines segment writes insurance for personal autos and recreational vehicles (RV). This segment's products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, watercrafts, snowmobiles, and related products. The Commercial Lines segment provides auto-related primary liability and physical damage insurance, and business-related general liability and property insurance for autos, vans, pick-up trucks, and dump trucks used by small businesses; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and long-haul operators; dump trucks, log trucks, and garbage trucks used by dirt, sand and gravel, logging, and coal-type businesses; and tow trucks and wreckers used in towing services and gas/service station businesses; as well as non-fleet and airport taxis, and black-car services. The Property segment writes residential property insurance for homeowners, other property owners, and renters, as well as offers personal umbrella insurance, and primary and excess flood insurance. The company also offers policy issuance and claims adjusting services; and acts as an agent to homeowner general liability, workers' compensation insurance, and other products. In addition, it provides reinsurance services. The company sells its products through independent insurance agencies, as well as directly on Internet through mobile devices, and over the phone. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield, Ohio.
John Peter Sauerland insider trading
The Progressive Corporation
Mr. John Peter Sauerland has made 40 insider trades between 2006-2024, according to the Form 4 filled with the SEC. Most recently he sold 10,000 units of PGR stock worth $2,680,900 on 29 Nov 2024.
The largest trade he's ever made was exercising 56,104 units of PGR stock on 13 Aug 2009. As of 29 Nov 2024 he still owns at least 292,958 units of PGR stock.
The Progressive key executives
The Progressive Corporation executives and other stock owners filed with the SEC:
- Mr. John Peter Sauerland (61) Vice President & Chief Financial Officer
- Mr. Michael David Sieger (64) Pres of Claims
- Mr. Patrick K. Callahan (55) Pres of Personal Lines
- Ms. Susan Patricia Griffith (61) Pres, Chief Executive Officer & Director