STOCK TITAN

[Form 4] Progress Software Corp (DE) Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Positive)
Form Type
4
Rhea-AI Filing Summary

Progress Software director Rainer Gawlick purchased 1,710 shares of common stock at a weighted average price of $43.48 per share, with trade prices ranging $43.33–$43.51.

After this transaction the reporting person beneficially owns 55,544 shares. The filing states the purchase was executed in multiple trades and provides the weighted average purchase price; the reporting person offers to provide per-trade price details on request. The form identifies the reporting person as a director and was filed as an individual report.

Il direttore di Progress Software, Rainer Gawlick, ha acquistato 1,710 azioni ordinarie a un prezzo medio ponderato di $43.48 per azione, con prezzi di negoziazione compresi tra $43.33–$43.51.

Dopo questa operazione la persona segnalante detiene beneficiariamente 55,544 azioni. La comunicazione indica che l'acquisto è stato eseguito in più operazioni e fornisce il prezzo medio ponderato; la persona segnalante si rende disponibile a fornire i dettagli sui prezzi di ogni singola operazione su richiesta. Il modulo identifica la persona segnalante come direttore ed è stato presentato come rapporto individuale.

El director de Progress Software, Rainer Gawlick, adquirió 1,710 acciones ordinarias a un precio medio ponderado de $43.48 por acción, con precios de negociación que oscilaron entre $43.33–$43.51.

Tras esta operación, la persona informante posee beneficiariamente 55,544 acciones. La presentación indica que la compra se realizó en múltiples operaciones y proporciona el precio medio ponderado; la persona informante se ofrece a facilitar los precios por operación si se solicita. El formulario identifica a la persona informante como director y se presentó como un informe individual.

Progress Software의 이사 Rainer Gawlick가 보통주 1,710주를 주당 가중평균 가격 $43.48에 매수했으며, 거래 가격은 $43.33–$43.51 범위였습니다.

이번 거래 후 해당 신고인은 실질적으로 55,544주를 보유하게 됩니다. 서류에는 매수가 여러 건의 거래로 실행되었고 가중평균 매입가를 제공한다고 적혀 있으며, 신고인은 요청 시 거래별 가격 내역을 제공하겠다고 합니다. 해당 양식은 신고인을 이사로 표기하고 개인 보고로 제출되었습니다.

Le directeur de Progress Software, Rainer Gawlick, a acquis 1,710 actions ordinaires au prix moyen pondéré de $43.48 par action, avec des prix de transaction compris entre $43.33–$43.51.

Après cette opération, la personne déclarante détient de manière bénéficiaire 55,544 actions. Le dossier indique que l'achat a été exécuté en plusieurs opérations et fournit le prix moyen pondéré ; la personne déclarante se propose de communiquer les prix par transaction sur demande. Le formulaire identifie la personne déclarante en tant que directeur et a été déposé comme rapport individuel.

Der Director von Progress Software, Rainer Gawlick, erwarb 1,710 Stammaktien zu einem gewichteten Durchschnittspreis von $43.48 je Aktie, wobei die Handelspreise zwischen $43.33–$43.51 lagen.

Nach dieser Transaktion besitzt die meldende Person wirtschaftlich 55,544 Aktien. Die Meldung gibt an, dass der Kauf in mehreren Transaktionen ausgeführt wurde und den gewichteten Durchschnittspreis angibt; die meldende Person bietet an, auf Anfrage die Preise der einzelnen Transaktionen bereitzustellen. Das Formular weist die meldende Person als Director aus und wurde als Einzelmeldung eingereicht.

Positive
  • Director purchase disclosed: Acquisition of 1,710 shares at a weighted average of $43.48 increases beneficial ownership to 55,544 shares
  • Transparent pricing disclosure: Filing states per-trade prices ranged $43.33–$43.51 and offers to provide full trade-level details on request
Negative
  • None.

Insights

Director purchased 1,710 PRGS shares for roughly $74k; transaction appears modest in scale.

This Form 4 discloses an open-market purchase of 1,710 shares at a weighted average price of $43.48, representing an aggregate transaction value of approximately $74,351. The director's beneficial ownership increased to 55,544 shares. The report notes multiple trades with prices between $43.33 and $43.51 and offers to provide per-trade prices on request. Given the absolute dollar value and share count disclosed, the transaction is factual and transparent but is relatively small in isolation and not, by itself, clearly material to company valuation.

Insider disclosure shows a routine director purchase and clear weighted-average pricing; filing meets disclosure requirements.

The Form 4 identifies the reporting person as a director and documents the acquisition method (multiple trades) and the weighted average price ($43.48). It includes an explicit offer to provide detailed trade-level prices, which supports transparency. The form was executed via an attorney-in-fact per the signature block. From a governance and compliance standpoint, the filing contains the required elements: reporting person identity, transaction details, post-transaction beneficial ownership, and an explanation of price calculation.

Il direttore di Progress Software, Rainer Gawlick, ha acquistato 1,710 azioni ordinarie a un prezzo medio ponderato di $43.48 per azione, con prezzi di negoziazione compresi tra $43.33–$43.51.

Dopo questa operazione la persona segnalante detiene beneficiariamente 55,544 azioni. La comunicazione indica che l'acquisto è stato eseguito in più operazioni e fornisce il prezzo medio ponderato; la persona segnalante si rende disponibile a fornire i dettagli sui prezzi di ogni singola operazione su richiesta. Il modulo identifica la persona segnalante come direttore ed è stato presentato come rapporto individuale.

El director de Progress Software, Rainer Gawlick, adquirió 1,710 acciones ordinarias a un precio medio ponderado de $43.48 por acción, con precios de negociación que oscilaron entre $43.33–$43.51.

Tras esta operación, la persona informante posee beneficiariamente 55,544 acciones. La presentación indica que la compra se realizó en múltiples operaciones y proporciona el precio medio ponderado; la persona informante se ofrece a facilitar los precios por operación si se solicita. El formulario identifica a la persona informante como director y se presentó como un informe individual.

Progress Software의 이사 Rainer Gawlick가 보통주 1,710주를 주당 가중평균 가격 $43.48에 매수했으며, 거래 가격은 $43.33–$43.51 범위였습니다.

이번 거래 후 해당 신고인은 실질적으로 55,544주를 보유하게 됩니다. 서류에는 매수가 여러 건의 거래로 실행되었고 가중평균 매입가를 제공한다고 적혀 있으며, 신고인은 요청 시 거래별 가격 내역을 제공하겠다고 합니다. 해당 양식은 신고인을 이사로 표기하고 개인 보고로 제출되었습니다.

Le directeur de Progress Software, Rainer Gawlick, a acquis 1,710 actions ordinaires au prix moyen pondéré de $43.48 par action, avec des prix de transaction compris entre $43.33–$43.51.

Après cette opération, la personne déclarante détient de manière bénéficiaire 55,544 actions. Le dossier indique que l'achat a été exécuté en plusieurs opérations et fournit le prix moyen pondéré ; la personne déclarante se propose de communiquer les prix par transaction sur demande. Le formulaire identifie la personne déclarante en tant que directeur et a été déposé comme rapport individuel.

Der Director von Progress Software, Rainer Gawlick, erwarb 1,710 Stammaktien zu einem gewichteten Durchschnittspreis von $43.48 je Aktie, wobei die Handelspreise zwischen $43.33–$43.51 lagen.

Nach dieser Transaktion besitzt die meldende Person wirtschaftlich 55,544 Aktien. Die Meldung gibt an, dass der Kauf in mehreren Transaktionen ausgeführt wurde und den gewichteten Durchschnittspreis angibt; die meldende Person bietet an, auf Anfrage die Preise der einzelnen Transaktionen bereitzustellen. Das Formular weist die meldende Person als Director aus und wurde als Einzelmeldung eingereicht.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Gawlick Rainer

(Last) (First) (Middle)
C/O PROGRESS SOFTWARE CORPORATION
15 WAYSIDE ROAD, SUITE 400

(Street)
BURLINGTON MA 01803

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
PROGRESS SOFTWARE CORP /MA [ PRGS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/12/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/12/2025 P 1,710 A $43.48(1) 55,544 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. This transaction was executed in multiple trades at prices ranging from $43.33 to $43.51 per share. The price reported represents the weighted average purchase price of these trades. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares purchased at each separate price.
Remarks:
YuFan Stephanie Wang, Attorney-in-Fact 08/13/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did PRGS director Rainer Gawlick purchase?

1,710 shares of Progress Software common stock at a weighted average price of $43.48 per share.

How many PRGS shares does Gawlick own after the purchase?

55,544 shares of beneficial ownership following the reported transaction.

When and at what prices were the PRGS shares bought?

Transaction date: 08/12/2025; per-trade prices ranged from $43.33 to $43.51 with a weighted average of $43.48.

What was the approximate value of the purchase reported in the Form 4?

Approximately $74,351 (1,710 shares multiplied by the weighted average price of $43.48).

Who signed the Form 4 on behalf of the reporting person?

YuFan Stephanie Wang, Attorney-in-Fact signed the filing per the signature block.
Progress Soft

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1.86B
42.32M
1.81%
119.43%
14.36%
Software - Infrastructure
Services-prepackaged Software
Link
United States
BURLINGTON