PROGRESS SOFTWARE CORP /MA SEC Filings

Vanguard Portfolio Management LLC filed an amended beneficial ownership report on Progress Software Corp common stock. Vanguard and certain affiliated entities reported 3,926,288 shares beneficially owned, representing 9.57% of the class as of June 30, 2026. Vanguard has sole voting power over 79,594 shares and sole dispositive power over 3,926,288 shares, with no shared voting or dispositive power. The filing notes that these holdings include securities held by Vanguard funds and managed accounts for which Vanguard-affiliated entities exercise voting and/or dispositive power, and that no other individual person’s interest in these securities exceeds 5% of the class.

Jarrett Loren, EVP/GM Digital Experience at Progress Software, reported selling a total of 11,747 shares of common stock on July 29, 2026. One tranche of 9,963 shares carried a weighted average price of $41.63 per share, with individual trades between $41.49 and $41.80. A second tranche of 1,784 shares was sold at $41.49 per share. Both sales were executed under a preexisting Rule 10b5-1 trading plan adopted on January 24, 2026.

Progress Software Corporation has filed a notice of proposed sale of restricted securities under Rule 144. The filing covers the potential sale of 13,833 shares of common stock through Morgan Stanley Smith Barney LLC on NASDAQ, with an aggregate market value of $558,438.21. The filing cites 41,012,942 shares outstanding as context and indicates that the shares derive from Performance Stock Units and Restricted Stock Units originally issued by the company. A proposed sale date of July 29, 2026 is listed.

BlackRock, Inc. filed an amended Schedule 13G reporting a substantial ownership position in Progress Software Corp. common stock. BlackRock reports beneficial ownership of 6,763,272 shares, representing 16.5% of the outstanding common stock.

BlackRock has sole voting power over 6,689,301 shares and sole dispositive power over 6,763,272 shares, with no shared voting or dispositive power. One underlying holder, iShares Core S&P Small-Cap ETF, is stated to have an interest in more than five percent of Progress Software’s common stock.

Progress Software Corporation agreed to acquire Domo, Inc.’s AI and Data Platform Business under an Asset Purchase Agreement for an aggregate purchase price of approximately $400M, structured as an asset purchase of substantially all assets and employees and assumption of certain liabilities.

The purchase price will be funded with cash and borrowings under Progress’ existing $1.5B revolving credit facility. A transaction overview cites an effective purchase price of $355M after expected tax benefits, minimum closing cash of $25M and transaction expenses, with no financing condition and pro forma net leverage expected to remain below 3.0X.

Closing is targeted for fiscal fourth quarter 2026, subject to antitrust clearance and other customary conditions; a voting and support agreement from Domo’s controlling stockholder provides the necessary stockholder approval. Domo brings about 2,400 customers, over 1,000 API connectors and TTM revenue of roughly $318M, expanding Progress’ data and AI platform as part of its Total Growth Strategy. Progress also anticipates third-quarter 2026 revenue and non-GAAP EPS will be within or above the high end of previously issued guidance.

Progress Software executive Sundar Subramanian reported an exercise-and-sale transaction in company stock. On July 1, 2026, he exercised employee stock options to acquire 10,597 shares of common stock at $38.06 per share, then sold 10,597 shares in open-market trades at a weighted average price of $38.27 per share under a preexisting Rule 10b5-1 trading plan.

Following these transactions, he holds 18,370 shares of Progress Software common stock directly, including 579 shares acquired on March 31, 2026 through the company’s Employee Stock Purchase Plan. The options exercised were granted on September 30, 2019 and this tranche is now fully exercised.

VITALE VIVIAN M reported acquisition or exercise transactions in this Form 4 filing.

PROGRESS SOFTWARE CORP /MA director Vivian M. Vitale received an equity award of 5,857 deferred stock units of common stock as part of her fiscal 2026 director retainer. The award is valued at $38.42 per unit and increases her direct holdings to 36,224 shares.

The deferred stock units were granted under the company’s Director Compensation Plan pursuant to its 2008 Stock Option and Incentive Plan. They vest on the date of the company’s 2027 Annual Meeting of Stockholders, contingent on her continued board service, and are payable one-for-one in common stock upon either a change in control or when she leaves the board.

Tucci Angela reported acquisition or exercise transactions in this Form 4 filing.

Progress Software director Angela Tucci received an equity award of 5,857 restricted stock units (RSUs) as her fiscal year 2026 retainer for board service. The RSUs were granted at a reference price of $38.42 per unit and will settle one-for-one in common stock.

The units are payable upon vest on the earlier of a change in control of the company or the 2027 Annual Meeting of Stockholders, provided she continues serving on the board until that time. Following this award, her direct holdings total 51,116 shares of Progress Software common stock.

Kane Charles Francis reported acquisition or exercise transactions in this Form 4 filing.

Progress Software director Charles Francis Kane received an equity award rather than buying shares on the market. On the reported date, he was granted 5,857 restricted stock units as his fiscal 2026 equity retainer for serving on the board.

The units are payable in an equal number of common shares on the earlier of a change in control or the company’s 2027 annual stockholders’ meeting, if he continues as a director through that time. Following this grant, he directly holds 76,291 shares of Progress Software common stock.