Progress Software (PRGS) executive sells 11,747 shares under 10b5-1 plan

Q: What insider stock transaction did PRGS executive Jarrett Loren report?

Jarrett Loren reported selling 11,747 shares of Progress Software common stock on July 29, 2026 . The sales were executed in two tranches and are categorized as sales of non-derivative common stock under a prearranged trading plan.

Q: How many PRGS shares did Jarrett Loren sell and on what date?

Jarrett Loren sold a total of 11,747 PRGS shares on July 29, 2026 . The transactions consisted of 9,963 shares in one tranche and 1,784 shares in another, all reported as sales of common stock.

Q: At what prices did Jarrett Loren sell Progress Software (PRGS) shares?

One tranche of 9,963 shares was sold at a weighted average price of $41.63 , with trade prices between $41.49 and $41.80 . A second tranche of 1,784 shares was sold at $41.49 per share .

Q: Was Jarrett Loren’s PRGS stock sale made under a Rule 10b5-1 plan?

Yes. The reported sales were made under a preexisting Rule 10b5-1 trading plan adopted on January 24, 2026 . The filing also affirms the Rule 10b5-1 status via the plan checkbox and related footnote disclosure.

Q: What is Jarrett Loren’s position at Progress Software (PRGS)?

Jarrett Loren is an officer of Progress Software, serving as EVP/GM Digital Experience . The reported transactions involve shares of common stock associated with this executive role at the company.

Q: How many PRGS insider sell transactions did Jarrett Loren report?

Jarrett Loren reported two non-derivative sale transactions in Progress Software common stock. Combined, these transactions totaled 11,747 shares sold , as summarized in the filing’s transaction summary section.

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Jarrett Loren, EVP/GM Digital Experience at Progress Software, reported selling a total of 11,747 shares of common stock on July 29, 2026. One tranche of 9,963 shares carried a weighted average price of $41.63 per share, with individual trades between $41.49 and $41.80. A second tranche of 1,784 shares was sold at $41.49 per share. Both sales were executed under a preexisting Rule 10b5-1 trading plan adopted on January 24, 2026.

Insider Trade Summary 10b5-1

Net Seller: 11,747 shares

Net Sell 2 txns

Insider Jarrett Loren

Role EVP/GM Digital Experience

Sold 11,747 shs ($489K)

Type	Security	Shares	Price	Value
Sale	Common Stock ^{F1, F2}	9,963	$41.63	$415K
Sale	Common Stock ^F1	1,784	$41.49	$74K

Holdings After Transaction: Common Stock — 10,269 shares (Direct)

Footnotes (2)

F1. The sale reported in this Form 4 was effected pursuant to a preexisting Rule 10b5-1 trading plan adopted by the Reporting Person on January 24, 2026, prior to the recent volatility in Progress Software Corporation's stock price and in compliance with all applicable laws and regulations.
F2. This tranche of the sale was executed in multiple trades at prices ranging from $41.49 to $41.80 per share. The price reported represents the weighted average sale 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 sold at each separate price.

Key Figures

Total shares sold: 11,747 shares First tranche shares: 9,963 shares First tranche weighted average price: $41.63 per share +4 more

7 metrics

Total shares sold 11,747 shares Aggregate non-derivative common stock sales reported for July 29, 2026

First tranche shares 9,963 shares Common stock sold on July 29, 2026 at weighted average price

First tranche weighted average price $41.63 per share Weighted average sale price; individual trades ranged from $41.49 to $41.80

First tranche trade price range $41.49–$41.80 per share Range of individual trade prices within the 9,963-share tranche

Second tranche shares 1,784 shares Additional common stock sold on July 29, 2026

Second tranche price $41.49 per share Per-share sale price for the 1,784-share transaction

10b5-1 plan adoption date January 24, 2026 Date the preexisting Rule 10b5-1 trading plan was adopted

Key Terms

Rule 10b5-1 trading plan, weighted average sale price, non-derivative, volatility

4 terms

Rule 10b5-1 trading plan regulatory

"The sale ... was effected pursuant to a preexisting Rule 10b5-1 trading plan adopted..."

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

weighted average sale price financial

"The price reported represents the weighted average sale price of these trades."

non-derivative financial

"transaction_type": "non-derivative""

volatility financial

"prior to the recent volatility in Progress Software Corporation's stock price"

Volatility measures how much the price of an investment changes over time, similar to how a roller coaster’s height varies during the ride. High volatility means prices can swing dramatically in a short period, while low volatility indicates more stable, predictable movements. It matters to investors because it affects the potential risks and rewards of their investments, influencing decisions about when to buy or sell.

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/30/2026 - 04:11 PM Accepted by SEC EDGAR 07/30/2026 - 04:10 PM

FAQ

What insider stock transaction did PRGS executive Jarrett Loren report?

Jarrett Loren reported selling 11,747 shares of Progress Software common stock on July 29, 2026. The sales were executed in two tranches and are categorized as sales of non-derivative common stock under a prearranged trading plan.

How many PRGS shares did Jarrett Loren sell and on what date?

Jarrett Loren sold a total of 11,747 PRGS shares on July 29, 2026. The transactions consisted of 9,963 shares in one tranche and 1,784 shares in another, all reported as sales of common stock.

At what prices did Jarrett Loren sell Progress Software (PRGS) shares?

One tranche of 9,963 shares was sold at a weighted average price of $41.63, with trade prices between $41.49 and $41.80. A second tranche of 1,784 shares was sold at $41.49 per share.

Was Jarrett Loren’s PRGS stock sale made under a Rule 10b5-1 plan?

Yes. The reported sales were made under a preexisting Rule 10b5-1 trading plan adopted on January 24, 2026. The filing also affirms the Rule 10b5-1 status via the plan checkbox and related footnote disclosure.

What is Jarrett Loren’s position at Progress Software (PRGS)?

Jarrett Loren is an officer of Progress Software, serving as EVP/GM Digital Experience. The reported transactions involve shares of common stock associated with this executive role at the company.

How many PRGS insider sell transactions did Jarrett Loren report?

Jarrett Loren reported two non-derivative sale transactions in Progress Software common stock. Combined, these transactions totaled 11,747 shares sold, as summarized in the filing’s transaction summary section.

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^*

Jarrett Loren

(Last)

(First)

(Middle)

C/O PROGRESS SOFTWARE CORPORATION

15 WAYSIDE ROAD, SUITE 400

(Street)

BURLINGTON

MASSACHUSETTS

01803

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
PROGRESS SOFTWARE CORP /MA [ PRGS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP/GM Digital Experience

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/29/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	07/29/2026		S⁽¹⁾		9,963	D	$41.63⁽²⁾	12,053	D
Common Stock	07/29/2026		S⁽¹⁾		1,784	D	$41.49	10,269	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The sale reported in this Form 4 was effected pursuant to a preexisting Rule 10b5-1 trading plan adopted by the Reporting Person on January 24, 2026, prior to the recent volatility in Progress Software Corporation's stock price and in compliance with all applicable laws and regulations.

2. This tranche of the sale was executed in multiple trades at prices ranging from $41.49 to $41.80 per share. The price reported represents the weighted average sale 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 sold at each separate price.

Remarks:

	YuFan Stephanie Wang, Attorney-in-Fact	07/30/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR