PRGS holder plans Rule 144 sale of 898 shares

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.

Accepted by SEC EDGAR 02/04/2026 - 04:21 PM EST Learn about SEC filing dates

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.

FAQ

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

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.

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	0001878325
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	IAN PITT
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	898	35964.90	42113648	02/04/2026	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			898	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	02/04/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	10/30/2025
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/ Ian Pitt
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)