Form 4 for PRGS PROGRESS SOFTWARE CORP /MA
Accepted 2025-10-03 00:00:00 ET · period of report 2025-10-01 · accession 0000876167-25-000165 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2025-10-03 | 2025-10-01 | PRGS | LoCoco Domenic | CAO | F - Tax | $44.21 | -769 | 6,736 | -10% | -$34.0K |
| DM | 2025-10-03 | 2025-10-01 | PRGS | LoCoco Domenic | CAO | M - OptEx | $0.00 | +2,616 | 8,230 | +47% | $0 |
| DM | 2025-10-03 | 2025-10-01 | PRGS | LoCoco Domenic | CAO | M - OptEx | $0.00 | -2,616 | 2,421 | -52% | $0 |
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 | 2025-10-01 | F | D | 272 | $44.21 | 7,958 | D | — | — | (F5) Represents shares of common stock withheld by the Company to pay the tax withholding obligations of the Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on January 23, 2025. |
| 2 | Common | Common Stock | 2025-10-01 | F | D | 237 | $44.21 | 7,306 | D | — | — | (F4) Represents shares of common stock withheld by the Company to pay the tax withholding obligations of the Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on January 18, 2024. |
| 3 | Common | Common Stock | 2025-10-01 | M | A | 807 | $0.00 | 7,543 | D | — | — | (F1) Restricted stock units convert into common stock on a one-for-one basis. |
| 4 | Common | Common Stock | 2025-10-01 | F | D | 260 | $44.21 | 6,736 | D | — | — | (F3) Represents shares of common stock withheld by the Company to pay the tax withholding obligations of the Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on January 19, 2023. |
| 5 | Common | Common Stock | 2025-10-01 | M | A | 885 | $0.00 | 6,996 | D | — | — | (F1) Restricted stock units convert into common stock on a one-for-one basis. (F2) Includes 267 shares of common stock acquired by the Reporting Person on March 31, 2025 and 82 shares of common stock acquired by the Reporting Person on June 30, 2025 through Progress Software Corporation's (the "Company's") Employee Stock Purchase Plan. |
| 6 | Common | Common Stock | 2025-10-01 | M | A | 924 | $0.00 | 8,230 | D | — | — | (F1) Restricted stock units convert into common stock on a one-for-one basis. |
| 7 | Derivative | Restricted Stock Units | 2025-10-01 | M | D | 885 | $0.00 | 886 | D | — · — to — | 885 Common Stock | (F1) Restricted stock units convert into common stock on a one-for-one basis. (F6) On January 19, 2023, the Reporting Person was granted 5,311 restricted stock units pursuant to the Company's 2008 Stock Option and Incentive Plan (as amended and restated, the "Plan"). The restricted stock units vest in six equal semiannual installments beginning October 1, 2023, subject to the continued employment of the Reporting Person with the Company. |
| 8 | Derivative | Restricted Stock Units | 2025-10-01 | M | D | 924 | $0.00 | 4,620 | D | — · — to — | 924 Common Stock | (F1) Restricted stock units convert into common stock on a one-for-one basis. (F8) On January 23, 2025, the Reporting Person was granted 5,544 restricted stock units pursuant to the Plan. The restricted stock units vest in six equal semiannual installments beginning October 1, 2025, subject to the continued employment of the Reporting Person with the Company. |
| 9 | Derivative | Restricted Stock Units | 2025-10-01 | M | D | 807 | $0.00 | 2,421 | D | — · — to — | 807 Common Stock | (F1) Restricted stock units convert into common stock on a one-for-one basis. (F7) On January 18, 2024, the Reporting Person was granted 4,842 restricted stock units pursuant to the Plan. The restricted stock units vest in six equal semiannual installments beginning October 1, 2024, subject to the continued employment of the Reporting Person with the Company. |