Shareholder plans sale of 6,000 company shares

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.

Accepted by SEC EDGAR 02/03/2026 - 04:31 PM EST Learn about SEC filing dates

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.

FAQ

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

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.

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	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	6000	245940.00	42113648	02/03/2026	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	02/01/2026	Performance Stock Units	Issuer			6000	02/01/2026	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	02/03/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	04/08/2025
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/ Anthony Folger
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)