Progress Software Corporation's Chief Legal Officer, Yufan Stephanie Wang, sold 1,245 shares of common stock at $37 per share on October 5, 2026. She directly held 3,487 shares after the sale. The sale was made under a preexisting Rule 10b5-1 trading plan adopted on January 23, 2026.
Progress Software Corporation (PRGS) Officer YuFan S. Wang reported a proposed sale of 1,245 common shares, with an aggregate market value of $45,940.50 and an approximate sale date of October 5, 2026. Morgan Stanley Smith Barney LLC is listed as the broker.
Progress Software Chief Legal Officer Yufan Stephanie Wang reported that 3,935 restricted stock units converted into common stock on October 1, 2026. The company withheld 1,747 shares to pay tax obligations upon vesting, at a reported $38.99 per share. The awards vest in six equal semiannual installments, subject to continued employment.
Progress Software EVP/GM Infrastructure Mgmt Sundar Subramanian had 5,099 restricted stock units vest on October 1, 2026, converting one-for-one into common stock. The shares came from awards granted January 18, 2024 (1,168 shares), January 23, 2025 (1,709 shares), and January 22, 2026 (2,222 shares). Progress Software withheld 2,263 common shares to pay tax withholding obligations: 519, 758, and 986 shares, respectively, at a reported $38.99 per share.
Progress Software (PRGS) Chief Accounting Officer Domenic LoCoco reported the vesting of 2,900 restricted stock units, which converted one-for-one into common stock on October 1, 2026. The shares came from awards granted in 2024, 2025 and 2026, with 807, 924 and 1,169 shares, respectively. The company withheld 853 common shares to pay tax withholding obligations upon vesting; the reported price was $38.99 per share.
Progress Software's EVP/GM Digital Experience, Loren Jarrett, converted 5,099 restricted stock units into common shares on October 1, 2026. The company withheld 2,467 shares for tax obligations upon vesting: 565 shares tied to a grant dated January 18, 2024, 827 tied to a January 23, 2025 grant, and 1,075 tied to a January 22, 2026 grant. Each grant vests in six equal semiannual installments, subject to continued employment.
Progress Software (PRGS) CEO and director Yogesh K. Gupta converted 27,243 restricted stock units into common shares on October 1, 2026, on a one-for-one basis. The company withheld 13,174 shares at $38.99 per share to pay his tax withholding obligations upon vesting. The conversions related to restricted stock unit awards granted in 2024, 2025 and 2026.
Progress Software Corporation (PRGS) chief financial officer Anthony Folger reported that 10,191 restricted stock units converted one-for-one into common stock on October 1, 2026. The company withheld 4,521 common shares to pay tax withholding obligations, at a reported $38.99 per share. The awards came from grants made on January 18, 2024, January 23, 2025, and January 22, 2026.
Progress Software Corporation’s EVP/GM App & Data Platform, John Ainsworth, reported the October 1, 2026 vesting and conversion of 1,168, 1,709 and 2,222 restricted stock units into common shares. The RSUs convert one-for-one. Upon vesting, 519, 758 and 986 common shares were withheld by the company to pay tax withholding obligations for awards granted January 18, 2024, January 23, 2025 and January 22, 2026, respectively.
Progress Software Corporation (PRGS) reported third-quarter revenue of $246.0 million for the quarter ended August 31, 2026, versus $249.8 million a year earlier; net income was $22.8 million, versus $19.4 million. For the first nine months of fiscal 2026, revenue was $747.3 million and net income was $66.7 million, compared with $725.2 million and $47.4 million, respectively.
Operating cash flow for the nine months was $265.5 million, compared with $172.4 million. After quarter-end, Progress completed its acquisition of substantially all assets and assumed certain liabilities of Domo, Inc., including its AI and data products platform, for approximately $400 million on September 22, 2026; it funded the acquisition with borrowings under its existing revolving credit facility. Progress repurchased 2.2 million shares for $71.6 million during the nine months, with $130.7 million remaining under the authorization as of August 31, 2026. ARR was $873 million as of August 31, 2026, versus $861 million a year earlier, a reported 1% increase.