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Sell4
PROGRESS SOFTWARE CORP /MA
PRGS
Total Value
$1.2M
Net $874.3K sold
Sales
$874.3K
3 transactions
Company Information
- Company Name
- PROGRESS SOFTWARE CORP /MA
- Ticker Symbol
- PRGS
- CIK
- 0000876167
Insider Information
- Role
- EVP/GM Infrastructure Mgmt
- Location
- BURLINGTON, MA
Officer
Filing Details
- Filing Date
- Mar 12, 2026
- Transaction Date
- Mar 10, 2026
- Accession Number
- 0000876167-26-000042
- Form Type
- 4
- Net Trading Amount
- -$874.3K
Non-Derivative Transactions
| Date | Security | Shares | Price | Type | Value |
|---|---|---|---|---|---|
| Mar 10, 2026 | Common Stock | 2,420 | $38.06 | Exercise | $92.1K |
| Mar 10, 2026 | Common Stock | 16,427 | $37.48 | Sale | $615.7K |
| Mar 10, 2026 | Common Stock | 5,167 | $38.19 | Sale | $197.3K |
| Mar 11, 2026 | Common Stock | 1,600 | $38.06 | Exercise | $60.9K |
| Mar 11, 2026 | Common Stock | 1,600 | $38.28 | Sale | $61.2K |
Derivative Transactions
| Date | Security | Shares | Exercise Price | Type | Value |
|---|---|---|---|---|---|
| Mar 10, 2026 | Derivative | 2,420 | $38.06 | Exercise | $92.1K |
| Mar 11, 2026 | Derivative | 1,600 | $38.06 | Exercise | $60.9K |
Footnotes
- (F1)The sale reported in this Form 4 was effected pursuant to a preexisting Rule 10b5-1 trading plan adopted by the Reporting Person on October 27, 2025, prior to the recent volatility in Progress Software Corporation's (the "Company's") stock price and in compliance with all applicable laws and regulations. The sale is reported on two rows due to being executed in multiple trades across a price range that exceeded $1.
- (F2)This tranche of the sale was executed in multiple trades at prices ranging from $36.87 to $37.86 per share. The price reported represents the weighted average sale price of these trades. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.
- (F3)This tranche of the sale was executed in multiple trades at prices ranging from $37.87 to $38.26 per share. The price reported represents the weighted average sale price of these trades. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.
- (F4)This tranche of the sale was executed in multiple trades at prices ranging from $38.18 to $38.51 per share. The price reported represents the weighted average sale price of these trades. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.
- (F5)Options were granted to the Reporting Person on September 30, 2019 under the Company's 2008 Stock Option and Incentive Plan (the "Plan"). As of October 1, 2023, 14,617 options were vested and exercisable.