Filing Details
- Accession Number:
- 0000876167-25-000123
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-07-09 18:34:24
- Reporting Period:
- 2025-07-08
- Filing Date:
- 2025-07-09
- Accepted Time:
- 2025-07-09 18:34:24
- 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 |
|---|---|---|---|---|---|---|---|
| 1566737 | Anthony Folger | C/O Progress Software Corporation 15 Wayside Road, Suite 400 Burlington MA 01803 | Chief Financial Officer | No | Yes | No | No |
Transaction Summary
| Sold: | 5,529 shares | Avg. Price: $52.97 | Total Value: $292,871.00 |
| Number of Shares After Transactions: | 43,559 shares | ||
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 | Disposition | 2025-07-08 | 3,718 | $52.78 | 45,370 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2025-07-08 | 1,811 | $53.36 | 43,559 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Footnotes
- The sale reported in this Form 4 was effected pursuant to a preexisting Rule 10b5-1 trading plan adopted by the Reporting Person on April 8, 2025, prior to the recent volatility in the Company's stock price and in compliance with all applicable laws and regulations. The sale is reported on two rows due to being executed in multiple trades across a price range that exceeded $1.
- This tranche of the sale was executed in multiple trades at prices ranging from $52.13 to $53.11 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.
- Includes 495 shares of common stock, par value $0.01 per share, of Progress Software Corporation (the "Company"), acquired by the Reporting Person on March 31, 2025 through the Company's Employee Stock Purchase Plan.
- This tranche of the sale was executed in multiple trades at prices ranging from $53.22 to $53.51 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.
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