PRGS Form 144: Affiliate Lists 4,999 Awarded Shares

PRGS affiliate filed a Form 144 notifying the sale of common stock linked to equity awards.

Rhea-AI Filing Summary

PRGS affiliate filed a Form 144 notifying the sale of common stock linked to equity awards. The notice lists 10/01/2025 restricted stock units totaling 2,475 and 02/01/2026 performance stock units totaling 2,544. The filing date on the form is 05/18/2026.

Insights

Securities Compliance Counsel

Routine affiliate notice of proposed sale of award-related common stock.

The filing is a regulatory notice under Form 144 listing planned dispositions tied to equity awards: 2,475 restricted stock units and 2,544 performance stock units with award dates shown. Form 144 itself notifies a broker and the market of an intended sale by an affiliate.

Timing and cash‑flow treatment are not detailed beyond the award and filing dates. Subsequent brokerage reports or Form 4/5 may show actual transaction amounts; this notice documents intent and regulatory compliance on 05/18/2026.

Key Figures

Form filing date: 05/18/2026 Restricted Stock Units: 2,475 shares Performance Stock Units: 2,544 shares +3 more

6 metrics

Form filing date 05/18/2026 Form 144 filing date shown on the notice

Restricted Stock Units 2,475 shares Award date <date>10/01/2025</date> listed under securities to be sold

Performance Stock Units 2,544 shares Award date <date>02/01/2026</date> listed under securities to be sold

Broker/Intermediary Morgan Stanley Smith Barney LLC Broker listed on the Form 144 cover information

Exchange NASDAQ Exchange code shown in the filer information

Numeric field shown 139,578.39 Numeric value present in the excerpt (context not specified)

Key Terms

Restricted Stock Units, Performance Stock Units, Form 144

3 terms

Restricted Stock Units financial

"Restricted Stock Units | Issuer | 2,475 | 10/01/2025"

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 | 2,544 | 02/01/2026"

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

"Filer Information ... 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.

FAQ

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

What does the PRGS Form 144 filing disclose?

The filing discloses a proposed sale of award-related common stock: 2,475 RSUs dated 10/01/2025 and 2,544 PSUs dated 02/01/2026, filed on 05/18/2026.

Does the Form 144 confirm the sales were completed for PRGS?

No. Form 144 is a notice of intent to sell; it does not confirm completion. The document lists planned dispositions and the filing date 05/18/2026 but not executed trade details.

Who is identified as the broker or intermediary on the Form 144?

The filing lists Morgan Stanley Smith Barney LLC at 1 New York Plaza as the broker/intermediary associated with the notice; no further transaction instructions are provided in the excerpt.

Are the listed RSUs and PSUs already vested or transferable per this excerpt?

The excerpt shows award dates (10/01/2025 and 02/01/2026) and quantities but does not state vesting or transferability status, so vesting/transfer conditions are not disclosed here.

What filing date should readers note for the PRGS Form 144?

The Form 144 filing date shown in the excerpt is 05/18/2026

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

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Accepted by SEC EDGAR 05/18/2026 - 04:34 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	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	7812804000
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	5019	139578.39	42078610	05/18/2026	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	10/01/2025	Restricted Stock Units	Issuer			2475	10/01/2025	N/A
Common	02/01/2026	Performance Stock Units	Issuer			2544	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	The securities to be sold were acquired upon the vesting of restricted stock units during the period of 10/1/2025 through 4/1/2026.
Date of Notice	05/18/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	01/23/2026
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/ YuFan S. Wang
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)