Form 4 for PRGS PROGRESS SOFTWARE CORP /MA
Accepted 2026-03-12 00:00:00 ET · period of report 2026-03-10 · accession 0000876167-26-000042 · 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 | 2026-03-12 | 2026-03-10+ | PRGS | Subramanian Sundar | EVP, GM Infrastructure Mgmt | S - Sale+OE | $37.69 | -23.2K | 20.7K | -53% | -$874.3K |
| DM | 2026-03-12 | 2026-03-10+ | PRGS | Subramanian Sundar | EVP, GM Infrastructure Mgmt | M - OptEx | $38.06 | +4,020 | 37.1K | +12% | +$153.0K |
| DM | 2026-03-12 | 2026-03-10+ | PRGS | Subramanian Sundar | EVP, GM Infrastructure Mgmt | M - OptEx | $0.00 | -4,020 | 10.6K | -28% | $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 | 2026-03-11 | S | D | 1,600 | $38.28 | 15,542 | D | — | — | (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. |
| 2 | Common | Common Stock | 2026-03-11 | M | A | 1,600 | $38.06 | 17,142 | D | — | — | |
| 3 | Common | Common Stock | 2026-03-10 | S | D | 5,167 | $38.19 | 15,542 | D | — | — | (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. |
| 4 | Common | Common Stock | 2026-03-10 | S | D | 16,427 | $37.48 | 20,709 | D | — | — | (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. |
| 5 | Common | Common Stock | 2026-03-10 | M | A | 2,420 | $38.06 | 37,136 | D | — | — | |
| 6 | Derivative | Employee Stock Options (Right to buy) | 2026-03-10 | M | D | 2,420 | $0.00 | 12,197 | D | $38.06 · — to 2026-09-29 | 2,420 Common Stock | (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. |
| 7 | Derivative | Employee Stock Options (Right to buy) | 2026-03-11 | M | D | 1,600 | $0.00 | 10,597 | D | $38.06 · — to 2026-09-29 | 1,600 Common Stock | (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. |