Filing Details
- Accession Number:
- 0000876167-25-000077
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-05-13 16:13:43
- Reporting Period:
- 2025-05-09
- Filing Date:
- 2025-05-13
- Accepted Time:
- 2025-05-13 16:13:43
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 876167 | Progress Software Corp | PRGS | Services-Prepackaged Software (7372) | 042746201 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1750308 | Loren Jarrett | C/O Progress Software Corporation 15 Wayside Road, Suite 400 Burlington MA 01803 | Evp/Gm Digital Experience | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2025-05-09 | 19,231 | $34.73 | 32,644 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2025-05-09 | 19,231 | $61.10 | 13,413 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2025-05-09 | 13,196 | $47.16 | 26,609 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2025-05-09 | 13,196 | $61.10 | 13,413 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2025-05-09 | 1,666 | $61.10 | 11,747 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Options (Right to buy) | Disposition | 2025-05-09 | 19,231 | $0.00 | 19,231 | $34.73 |
| Common Stock | Employee Stock Options (Right to buy) | Disposition | 2025-05-09 | 13,196 | $0.00 | 13,196 | $47.16 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2026-01-22 | No | 4 | M | Direct | |
| 0 | 2027-01-21 | No | 4 | M | Direct |
Footnotes
- The trading activity reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 7, 2025.
- Options were granted to the Reporting Person on January 22, 2019 under Progress Software Corporation's 2008 Stock Option and Incentive Plan (the "Plan"). As of April 1, 2023, 19,231 options were vested and exercisable.
- Options were granted to the Reporting Person on January 21, 2020 under the Plan. As of April 1, 2024, 13,196 options were vested and exercisable.
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