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Planned 898-share Rule 144 sale in PRGS (NASDAQ: PRGS) disclosed

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

Rhea-AI Filing Summary

A holder of PRGS common stock filed a Rule 144 notice to sell up to 898 shares through Morgan Stanley Smith Barney LLC on or about 02/04/2026, with trading on the NASDAQ. These shares were acquired from the issuer on 02/01/2026 via performance stock units. Shares outstanding for the issuer were 42,113,648; this is a baseline figure, not the amount being sold. The form includes the standard representation that the seller does not know any undisclosed material adverse information about the issuer.

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 disclose?

The Form 144 filing for PRGS discloses a planned sale of 898 common shares under Rule 144. The shares were acquired from the issuer via performance stock units on 02/01/2026 and are planned to be sold on or about 02/04/2026.

How many PRGS shares are planned to be sold and through which broker?

The filing shows a plan to sell 898 PRGS common shares. The transaction is to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services, with trading on the NASDAQ exchange as indicated in the securities information table.

How were the PRGS shares in this Form 144 acquired?

The 898 PRGS common shares in this Form 144 were acquired on 02/01/2026 via performance stock units granted by the issuer. The table lists the issuer as the source of the shares and notes the nature of payment as N/A rather than a cash purchase.

What is the aggregate market value and share count context for PRGS in this filing?

For the planned sale, the filing reports an aggregate market value of 35,964.90 for 898 PRGS shares. It also notes that the issuer has 42,113,648 shares outstanding, providing context for the relatively small size of this planned transaction.

What representations does the seller make in the PRGS Form 144 notice?

By signing the notice, the seller represents that they do not know any material adverse information about PRGS’s current or prospective operations that has not been publicly disclosed. The form also warns that intentional misstatements or omissions constitute federal criminal violations.
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