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Protective Insurance Corp: what insiders have been doing
Every trade that managers of Protective Insurance Corp disclose to SEC (Form 4) is tracked on this page. The company sits in the Banks sector. No insider at Protective Insurance Corp has published a filing in the past twelve months. The most recent one dates from 3 June 2021.
This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.
Insider Decl.
17
Thresholds
n/a
Buy Volume
n/a
n/a
Sell Volume
€12M
15 ops. · all time
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Financial data
as of FY 2020FY ended December 2020 · cache
Income statement
RevenueUS$403.6M
Net incomeUS$3.8M1.0% margin
Last declaration on 3 June 2021
Declarations17 total
11,558 shares@ US$23.30100.0% of flowClass B Common StockSEC:0000009346-21-000066:0
18,049 shares@ US$23.30100.0% of flowClass B Common StockSEC:0000009346-21-000067:0
3,928 shares@ US$23.30100.0% of flowClass B Common StockSEC:0000009346-21-000076:0
16,557 shares@ US$23.30100.0% of flowClass B Common StockSEC:0000009346-21-000068:0
6,400 shares@ US$14.6318.8% of flowClass B Common StockSEC:0000009346-21-000048:0
10,906 shares@ US$23.30100.0% of flowClass B Common StockSEC:0000009346-21-000071:0
40 shares@ US$23.30100.0% of flowClass A Common StockSEC:0000009346-21-000064:0
3,132 shares@ US$23.30100.0% of flowClass A Common StockSEC:0000009346-21-000070:0
4,503 shares@ US$23.30100.0% of flowClass B Common StockSEC:0000009346-21-000078:0
58,196 shares@ US$23.30100.0% of flowClass B Common StockSEC:0000009346-21-000069:0
116,559 shares@ US$23.30100.0% of flowClass A Common StockSEC:0000009346-21-000075:0
217,921 shares@ US$23.30100.0% of flowClass A Common StockSEC:0000009346-21-000074:0
18,769 shares@ US$23.3081.2% of flowClass B Common StockSEC:0000009346-21-000077:0
83,303 shares@ US$23.30100.0% of flowClass B Common StockSEC:0000009346-21-000073:0
34,196 shares@ US$23.30100.0% of flowClass B Common StockSEC:0000009346-21-000072:0
7,813 shares@ US$23.30100.0% of flowClass B Common StockSEC:0000009346-21-000065:0
6,055 sharesClass B Common StockSEC:0000009346-21-000042:0
17 of 17 declarations
About Protective Insurance Corp
Protective Insurance Corp. (ticker: PTVCAB) was a United States insurance company historically listed on the NASDAQ before being acquired and delisted in 2021. For investors in Europe, it is important to note that this was a specialist property-casualty insurer rather than a broad diversified insurance group. The company was founded in 1930 and was headquartered in Carmel, Indiana, United States. It operated for many years under the Baldwin & Lyons name before adopting the Protective Insurance Corporation identity and ultimately becoming part of Progressive. ([globenewswire.com](https://www.globenewswire.com/en/news-release/2021/06/01/2239712/8899/en/Protective-Insurance-Acquired-by-Progressive.html?utm_source=openai))
Operationally, Protective Insurance focused on transportation and logistics-related insurance. Its core business lines included commercial auto liability, workers’ compensation, occupational accident coverage, and products designed for trucking fleets, transportation operators, and independent contractors in the freight ecosystem. The company also offered risk-management support such as safety training, consulting, and technology tools aimed at reducing claims frequency and improving fleet safety. That made Protective a niche underwriter with deep specialization in technically complex commercial auto risks, where underwriting discipline and claims management are critical sources of differentiation. ([globenewswire.com](https://www.globenewswire.com/en/news-release/2021/06/01/2239712/8899/en/Protective-Insurance-Acquired-by-Progressive.html?utm_source=openai))
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In competitive terms, Protective Insurance was a focused U.S. player with a clear lane in transportation insurance. Its market position was built on long-standing expertise in trucking-related exposures, relationships with fleet customers, and a product set tailored to commercial drivers and logistics operators. The company operated through subsidiaries including Protective Insurance Company, Sagamore Insurance Company, and Protective Specialty Insurance Company. Protective Specialty also had excess-and-surplus lines authority, giving the group a broader footprint in specialty risks beyond its core commercial auto and workers’ compensation franchise. ([globenewswire.com](https://www.globenewswire.com/en/news-release/2021/06/01/2239712/8899/en/Protective-Insurance-Acquired-by-Progressive.html?utm_source=openai))
The most important recent development was the sale of the company to Progressive. In February 2021, Progressive announced a cash acquisition of Protective Insurance for about $338 million, and the transaction closed on June 1, 2021. As a result, PTVCAB no longer trades independently, and any references to SEC Form 4 insider activity should be interpreted in a historical context rather than as an active public-equity signal. From an equity-research standpoint, Protective Insurance is now best viewed as a former NASDAQ-listed U.S. specialty insurer whose operating platform was absorbed into a larger insurance group. ([investor.progressive.com](https://investor.progressive.com/financials/financial-news-releases/news-details/2021/Progressive-Expands-Commercial-Lines-Products-with-Acquisition-of-Protective-Insurance/default.aspx?utm_source=openai))
