Form 4 for PRGS PROGRESS SOFTWARE CORP /MA
Accepted 2025-07-07 00:00:00 ET · period of report 2025-07-02 · accession 0000876167-25-000115 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025-07-07 | 2025-07-02 | PRGS | Kane Charles Francis | Dir | A - Grant | $53.90 | +4,175 | 70.4K | +6% | +$225.0K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-07-02 | A | A | 4,175 | $53.90 | 70,434 | D | — | — | (F1) Represents restricted stock units issued to the Reporting Person by Progress Software Corporation (the "Company") as the fiscal year 2025 equity retainer for the Reporting Person's services as a director of the Company during such period. These restricted stock units were issued in accordance with the Company's Director Compensation Plan pursuant to the Company's 2008 Stock Option and Incentive Plan and are payable upon vest on a one-for-one basis exclusively in common stock on the earlier of a change in control of the Company or the date of the Company's 2026 Annual Meeting of Stockholders, subject to the Reporting Person's continued service on the board of directors of the Company until such date. |