PRGS Form 144: Notice to Resell 6,474 Equity Units

PRGS reported a Form 144 notice indicating planned sales of Restricted Stock Units and Performance Stock Units.

Rhea-AI Filing Summary

PRGS reported a Form 144 notice indicating planned sales of Restricted Stock Units and Performance Stock Units. The filing lists 4,474 Restricted Stock Units with a grant/vesting date of 04/01/2026 and 2,000 Performance Stock Units with a grant/vesting date of 02/01/2023. The filing date shown is 05/19/2026.

Insights

Securities Compliance Attorney

Form 144 notifies the SEC of intended resale of issuer-held equity awards.

The notice lists sales tied to Restricted Stock Units (4,474 units, 04/01/2026) and Performance Stock Units (2,000 units, 02/01/2023). A Form 144 is an administrative disclosure required before public resale by an affiliate or control person.

Timing and method of any actual sales are not provided in the excerpt; subsequent filings would disclose completed transactions.

Key Figures

Form date: 05/19/2026 Restricted Stock Units: 4,474 units Performance Stock Units: 2,000 units +2 more

5 metrics

Form date 05/19/2026 Filing date shown in the excerpt

Restricted Stock Units 4,474 units dated 04/01/2026

Performance Stock Units 2,000 units dated 02/01/2023

Broker/Dealer Morgan Stanley Smith Barney LLC listed as broker/dealer in the excerpt

Unknown numeric fields 6474; 188,976.06; 42,078,610 numbers appearing in the excerpt without explicit labels

Key Terms

Restricted Stock Units, Performance Stock Units, Form 144, Morgan Stanley Smith Barney LLC

4 terms

Restricted Stock Units financial

"Restricted Stock Units | Issuer | 4,474 | 04/01/2026"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Performance Stock Units financial

"Performance Stock Units | Issuer | 2,000 | 02/01/2023"

Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.

Form 144 regulatory

"144: Filer Information"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Morgan Stanley Smith Barney LLC other

"Common | Morgan Stanley Smith Barney LLC Executive Financial Services"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does PRGS Form 144 disclose about planned sales?

The Form 144 lists planned resales of equity awards: 4,474 Restricted Stock Units (dated 04/01/2026) and 2,000 Performance Stock Units (dated 02/01/2023). It is a notice of intent, not a record of completed sales.

Does the Form 144 show proceeds or sale prices for PRGS?

No sale prices or proceeds are shown in the excerpt. The filing lists unit counts and dates but does not provide any dollar amounts or execution details for the planned resales.

Who typically files a Form 144 and why for PRGS?

A Form 144 is filed by an affiliate or control person intending to resell restricted or controlled securities. The notice for PRGS documents the planned resale of issuer-held RSUs and PSUs ahead of any public sale.

Are the listed RSUs and PSUs in PRGS already vested or issued?

The excerpt provides grant/vesting-related dates (04/01/2026 and 02/01/2023) but does not state vesting status or whether shares have been delivered. The filing does not confirm issuance or completed transfer.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/19/2026 - 04:36 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001566737
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	PROGRESS SOFTWARE CORPORATION
SEC File Number	000-19417
Address of Issuer	15 Wayside Road, Suite 400 Burlington MASSACHUSETTS 01803
Phone	7812804000
Name of Person for Whose Account the Securities are To Be Sold	ANTHONY FOLGER
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	6474	188976.06	42078610	05/19/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	04/01/2026	Restricted Stock Units	Issuer			4474	04/01/2026	N/A
Common	02/01/2023	Performance Stock Units	Issuer			2000	02/01/2023	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks
Date of Notice	05/19/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	02/04/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Anthony Folger
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)