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Shareholder in PRGS (NASDAQ: PRGS) plans 6,000-share stock sale

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

A shareholder of the company plans to sell 6,000 shares of common stock, with an aggregate market value of $245,940.00, through Morgan Stanley Smith Barney LLC Executive Financial Services on or around 02/03/2026 on the NASDAQ exchange.

The shares were acquired on 02/01/2026 via Performance Stock Units from the issuer. Common shares outstanding were 42,113,648 at the time referenced; this is a baseline figure, not the amount being sold.

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What does the Form 144 filing for PRGS indicate about upcoming share sales?

The Form 144 shows a shareholder intends to sell 6,000 common shares of PRGS. The planned sale has an aggregate market value of $245,940.00 and is to be executed on the NASDAQ exchange through Morgan Stanley Smith Barney LLC.

How many PRGS shares are being sold and what is their market value?

The filing states that 6,000 common shares of PRGS are to be sold. These shares have an aggregate market value of $245,940.00, based on the market price referenced when the Form 144 notice was prepared.

How were the PRGS shares in this Form 144 acquired by the seller?

The seller acquired the 6,000 common shares of PRGS on 02/01/2026 through Performance Stock Units from the issuer. The filing lists the issuer as the source and identifies the acquisition transaction as Performance Stock Units.

When is the planned sale date for the PRGS shares under this Form 144?

The Form 144 indicates an approximate date of sale of 02/03/2026 for the 6,000 PRGS common shares. This date represents when the shareholder expects to begin selling the shares on the NASDAQ market.

How many PRGS shares were outstanding relative to the 6,000 shares being sold?

At the time referenced, the filing reports 42,113,648 common shares outstanding for PRGS. The planned sale involves 6,000 shares, a small portion compared with the total shares outstanding disclosed in the notice.
Progress Soft

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1.53B
41.24M
Software - Infrastructure
Services-prepackaged Software
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United States
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