Progress Software (PRGS) insider sale: 1,428 shares, $66,145

Form 144 filed for Progress Software Corp (PRGS) reports a proposed sale of 1,428 common shares, with an aggregate market value of $66,144.96, to be executed on 10/03/2025 on NASDAQ.

Accepted by SEC EDGAR 10/03/2025 - 04:29 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Form 144 filed for Progress Software Corp (PRGS) reports a proposed sale of 1,428 common shares, with an aggregate market value of $66,144.96, to be executed on 10/03/2025 on NASDAQ. The securities were acquired as Restricted Stock Units on 10/01/2025 from the issuer and the filing shows 42,907,573 shares outstanding for the company. The filer reports no securities sold in the past three months and includes the standard representation that the selling person does not possess undisclosed material adverse information.

FAQ

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

What does the Form 144 for Progress Software (PRGS) disclose?

The Form 144 shows a proposed sale of 1,428 common shares valued at $66,144.96, to occur on 10/03/2025, executed on NASDAQ.

How and when were the securities to be sold acquired?

The securities were acquired as Restricted Stock Units on 10/01/2025 from the issuer, with payment dated 10/01/2025.

Does the filing show other sales by the same person in the past three months?

No. The filing explicitly states "Nothing to Report" for securities sold during the past three months.

What outstanding share count does the Form 144 list for PRGS?

The filing lists 42,907,573 shares outstanding for the issuer.

Which broker is listed to execute the sale?

The broker named is Morgan Stanley Smith Barney LLC Executive Financial Services located at 1 New York Plaza, 8th Floor, New York, NY 10004.

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

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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	0001948524
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	781-280-4000
Name of Person for Whose Account the Securities are To Be Sold	YUFAN S WANG
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	1428	66144.96	42907573	10/03/2025	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	10/01/2025	Restricted Stock Units	Issuer			1428	10/01/2025	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	10/03/2025
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	01/23/2025
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/ Yufan S Wang
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)