Form 4 for PRGS PROGRESS SOFTWARE CORP /MA

Accepted 2026-01-26 00:00:00 ET · period of report 2026-01-22 · accession 0000876167-26-000028 · 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
D	2026-01-26	2026-01-26	PRGS	Subramanian Sundar	EVP, GM Infrastructure Mgmt	S - Sale	$42.37	-1,352	29.1K	-4%	-$57.3K
DM	2026-01-26	2026-01-22	PRGS	Subramanian Sundar	EVP, GM Infrastructure Mgmt	A - Grant	$0.00	+44.8K	13.3K	New	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2026-01-26	S	D	1,352	$42.37	29,066	D	—	—
2	Derivative	Employee Stock Options (Right to buy)	2026-01-22	A	A	31,510	$0.00	31,510	D	$42.75 · — to 2033-01-21	31,510 Common Stock	(F4) Represents stock options granted to the Reporting Person pursuant to the Plan. The stock options vest in eight equal semiannual installments beginning on October 1, 2026, subject to the continued employment of the Reporting Person with the Company.
3	Derivative	Restricted Stock Units	2026-01-22	A	A	13,334	$0.00	13,334	D	— · — to —	13,334 Common Stock	(F2) Each restricted stock unit represents a contingent right to receive one share of the Company's common stock. (F3) Represents restricted stock units granted to the Reporting Person 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 on October 1, 2026, subject to the continued employment of the Reporting Person with the Company.