[Form 4] PROGRESS SOFTWARE CORP /MA Insider Trading Activity
Progress Software executive Subramanian Sundar reported multiple transactions tied to the vesting of restricted stock units (RSUs) on 10/01/2025. Several RSU installments converted into common stock at no cash price, increasing his direct holdings through three vesting events to a total of 31,176 shares following the reported transactions. The filing also shows the Company withheld shares to satisfy tax-withholding obligations: 518 shares (from the 2023 grant), 518 shares (from the 2024 grant), and 758 shares (from the 2025 grant). Post-transaction derivative disclosures reflect vested RSUs underlying 1,167, 1,167, and 1,709 shares converted to common stock. The report identifies Mr. Sundar as EVP/GM, Infrastructure Mgmt, and indicates these are non-cash, routine compensation-related transactions under the Company’s equity plan.
Il dirigente di Progress Software, Subramanian Sundar, ha riportato molteplici transazioni legate al vesting di restricted stock units (RSUs) il 01/10/2025. Diverse tranche di RSU convertite in azioni ordinarie a prezzo non cash, aumentando le sue partecipazioni dirette attraverso tre eventi di vesting a un totale di 31.176 azioni, dopo le transazioni segnalate. La documentazione mostra anche che la società ha trattenuto azioni per soddisfare obblighi di ritenuta fiscale: 518 azioni (dal grant del 2023), 518 azioni (dal grant del 2024) e 758 azioni (dal grant del 2025). Le disclosure derivate post-trasazione riflettono RSU vestite sottostanti 1.167, 1.167 e 1.709 azioni convertite in azioni ordinarie. Il rapporto identifica il signor Sundar come EVP/GM, Infrastructure Mgmt, e indica che si tratta di transazioni non monetarie, di routine, legate al piano azionario della società.
Ejecutivo de Progress Software, Subramanian Sundar, reportó múltiples transacciones vinculadas al vesting de unidades de acciones restringidas (RSU) el 01/10/2025. Varias cuotas de RSU se convirtieron en acciones comunes sin precio en efectivo, aumentando sus participaciones directas a través de tres eventos de vesting hasta un total de 31.176 acciones tras las transacciones reportadas. El archivo también muestra que la empresa retuvo acciones para satisfacer obligaciones de retención de impuestos: 518 acciones (del otorgamiento 2023), 518 acciones (del otorgamiento 2024) y 758 acciones (del otorgamiento 2025). Las revelaciones de derivados posteriores a la transacción reflejan RSUs vestidas subyacentes de 1.167, 1.167 y 1.709 acciones convertidas en acciones comunes. El informe identifica al señor Sundar como EVP/GM, Infrastructure Mgmt, e indica que se trata de transacciones no monetarias, de rutina, relacionadas con el plan de acciones de la empresa.
Progress Software의 임원 Subramanian Sundar는 2025-10-01에 RSU(Restricted Stock Units)의 가속 vesting과 관련된 여러 거래를 보고했습니다. 여러 RSU 분할이 현금 가격 없이 보통주로 전환되어 세 차례의 vesting 이벤트를 통해 그의 직접 보유 지분을 늘려 보고된 거래 이후 총 31,176주에 이릅니다. 또한 서류에는 회사가 세금 원천징수를 충족하기 위해 보유한 주식이 표시됩니다: 518주 (2023년 수여), 518주 (2024년 수여), 그리고 758주 (2025년 수여). 거래 후 파생상품 공시는 vest된 RSU가 기본 주식으로 전환된 1,167주, 1,167주, 1,709주를 반영합니다. 보고서는 Sundar 씨를 EVP/GM, Infrastructure Mgmt로 식별하며, 이는 회사의 주식계획에 따른 비현금의 일상적인 보상 관련 거래임을 나타냅니다.
Un cadre de Progress Software, Subramanian Sundar, a signalé plusieurs transactions liées au vesting d’unités d’actions restreintes (RSU) le 01/10/2025. Plusieurs versements de RSU ont été convertis en actions ordinaires sans prix en cash, augmentant ses avoirs directs à travers trois événements de vesting pour atteindre un total de 31 176 actions après les transactions signalées. Le dépôt montre également que la société a retenu des actions pour satisfaire les obligations de retenue d’impôt: 518 actions (de l’octroi 2023), 518 actions (de l’octroi 2024), et 758 actions (de l’octroi 2025). Les divulgations postérieures aux dérivés reflètent des RSU acquis sous-jacents à 1 167, 1 167 et 1 709 actions converties en actions ordinaires. Le rapport identifie M. Sundar comme EVP/GM, Infrastructure Mgmt, et indique qu’il s’agit de transactions non monétaires et routinières liées au plan d’action de la société.
Eine Progress Software-Führungskraft, Subramanian Sundar, meldete mehrere Transaktionen im Zusammenhang mit dem Vesting von Restricted Stock Units (RSUs) am 01.10.2025. Mehrere RSU-Teilbeträge wurden zu Stammaktien ohne Barzahlung umgewandelt, wodurch seine direkten Anteile durch drei Vesting-Ereignisse auf insgesamt 31.176 Aktien zulegten. Die Einreichung zeigt auch, dass das Unternehmen Aktien einbehielt hat, um Steuerabzugsverpflichtungen zu erfüllen: 518 Aktien (aus dem Grant 2023), 518 Aktien (aus dem Grant 2024) und 758 Aktien (aus dem Grant 2025). Die nachfolgenden Derivat-Offenlegungen spiegeln vestete RSUs wider, die RSUs zugrunde liegende 1.167, 1.167 und 1.709 Aktien in Stammaktien umwandelten. Der Bericht identifiziert Herrn Sundar als EVP/GM, Infrastructure Mgmt, und gibt an, dass es sich um nicht bar-Geld-Transaktionen, routinemäßige Transaktionen im Rahmen des Aktienplans des Unternehmens handelt.
أبلغ المسؤول التنفيذي في Progress Software، Subramanian Sundar، عن عدة معاملات مرتبطة بال vesting للوحدات الأسهم المقيدة (RSUs) في 01/10/2025. تم تحويل عدة دفعات من RSU إلى أسهم عادية دون سعر نقدي، مما زاد من حصّته المباشرة من خلال ثلاث أحداث vesting ليصل الإجمالي إلى 31,176 سهماً بعد المعاملات المبلغ عنها. كما تُظهر الملائمة أن الشركة حجزت أسهماً لتلبية التزامات الاحتجاز الضريبي: 518 سهماً (من المنحة 2023)، 518 سهماً (من منحة 2024)، و758 سهماً (من منحة 2025). تعكس الإقرارات اللاحقة للمشتقات أسهم RSUs vesting الأساسية التي تحولت إلى أسهم عادية بمقدار 1,167، 1,167 و1,709 أسهماً. يحدد التقرير السيد Sundar ك EVP/GM، Infrastructure Mgmt، ويشير إلى أن هذه معاملات غير نقدية وتدريجية ضمن خطة أسهم الشركة.
Progress Software 的高管 Subramanian Sundar 报告了与受限股票单位（RSU）归属相关的多笔交易，日期为 2025-10-01。几笔 RSU 分期在无现金价格的情况下转化为普通股，通过三次归属事件增加了他在直接持有的股份，总计 31,176 股。 filing 还显示公司为满足税收扣缴义务而扣留了股份：518 股（来自 2023 年授予）、518 股（来自 2024 年授予）和 758 股（来自 2025 年授予）。交易后的衍生品披露反映了 vest 的 RSU 对应的 1,167、1,167 和 1,709 股转为普通股。该报告将 Sundar 先生识别为 EVP/GM, Infrastructure Mgmt，并指出这些是公司股权计划下的非现金、常规的薪酬相关交易。
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Insights
Insider increased direct ownership via scheduled RSU vesting; withholdings covered tax obligations.
The filing shows routine, scheduled equity vesting rather than open-market purchases or sales, with RSUs converting one-for-one into common stock (1,167, 1,167, 1,709 shares). That raised direct beneficial ownership to 31,176 shares after the transactions.
The Company withheld 518, 518, and 758 shares to satisfy tax-withholding on the respective grants, a common administrative action that reduces net share issuance to the executive but does not represent a disposition on the open market.
Transactions reflect scheduled vesting from three RSU grants under the Company’s plan.
The disclosures cite RSU grants from January 19, 2023 (7,003 RSUs), January 18, 2024 (7,004 RSUs), and January 23, 2025 (10,255 RSUs) that vest in six equal semiannual installments beginning each respective October 1. The October 1, 2025 installment produced the reported conversions and withholdings.
This pattern is consistent with time-based retention awards; the filing contains no exercise prices or cash purchases, only conversion of RSUs to common stock at $0 price per RSU as disclosed.
Il dirigente di Progress Software, Subramanian Sundar, ha riportato molteplici transazioni legate al vesting di restricted stock units (RSUs) il 01/10/2025. Diverse tranche di RSU convertite in azioni ordinarie a prezzo non cash, aumentando le sue partecipazioni dirette attraverso tre eventi di vesting a un totale di 31.176 azioni, dopo le transazioni segnalate. La documentazione mostra anche che la società ha trattenuto azioni per soddisfare obblighi di ritenuta fiscale: 518 azioni (dal grant del 2023), 518 azioni (dal grant del 2024) e 758 azioni (dal grant del 2025). Le disclosure derivate post-trasazione riflettono RSU vestite sottostanti 1.167, 1.167 e 1.709 azioni convertite in azioni ordinarie. Il rapporto identifica il signor Sundar come EVP/GM, Infrastructure Mgmt, e indica che si tratta di transazioni non monetarie, di routine, legate al piano azionario della società.
Ejecutivo de Progress Software, Subramanian Sundar, reportó múltiples transacciones vinculadas al vesting de unidades de acciones restringidas (RSU) el 01/10/2025. Varias cuotas de RSU se convirtieron en acciones comunes sin precio en efectivo, aumentando sus participaciones directas a través de tres eventos de vesting hasta un total de 31.176 acciones tras las transacciones reportadas. El archivo también muestra que la empresa retuvo acciones para satisfacer obligaciones de retención de impuestos: 518 acciones (del otorgamiento 2023), 518 acciones (del otorgamiento 2024) y 758 acciones (del otorgamiento 2025). Las revelaciones de derivados posteriores a la transacción reflejan RSUs vestidas subyacentes de 1.167, 1.167 y 1.709 acciones convertidas en acciones comunes. El informe identifica al señor Sundar como EVP/GM, Infrastructure Mgmt, e indica que se trata de transacciones no monetarias, de rutina, relacionadas con el plan de acciones de la empresa.
Progress Software의 임원 Subramanian Sundar는 2025-10-01에 RSU(Restricted Stock Units)의 가속 vesting과 관련된 여러 거래를 보고했습니다. 여러 RSU 분할이 현금 가격 없이 보통주로 전환되어 세 차례의 vesting 이벤트를 통해 그의 직접 보유 지분을 늘려 보고된 거래 이후 총 31,176주에 이릅니다. 또한 서류에는 회사가 세금 원천징수를 충족하기 위해 보유한 주식이 표시됩니다: 518주 (2023년 수여), 518주 (2024년 수여), 그리고 758주 (2025년 수여). 거래 후 파생상품 공시는 vest된 RSU가 기본 주식으로 전환된 1,167주, 1,167주, 1,709주를 반영합니다. 보고서는 Sundar 씨를 EVP/GM, Infrastructure Mgmt로 식별하며, 이는 회사의 주식계획에 따른 비현금의 일상적인 보상 관련 거래임을 나타냅니다.
Un cadre de Progress Software, Subramanian Sundar, a signalé plusieurs transactions liées au vesting d’unités d’actions restreintes (RSU) le 01/10/2025. Plusieurs versements de RSU ont été convertis en actions ordinaires sans prix en cash, augmentant ses avoirs directs à travers trois événements de vesting pour atteindre un total de 31 176 actions après les transactions signalées. Le dépôt montre également que la société a retenu des actions pour satisfaire les obligations de retenue d’impôt: 518 actions (de l’octroi 2023), 518 actions (de l’octroi 2024), et 758 actions (de l’octroi 2025). Les divulgations postérieures aux dérivés reflètent des RSU acquis sous-jacents à 1 167, 1 167 et 1 709 actions converties en actions ordinaires. Le rapport identifie M. Sundar comme EVP/GM, Infrastructure Mgmt, et indique qu’il s’agit de transactions non monétaires et routinières liées au plan d’action de la société.
Eine Progress Software-Führungskraft, Subramanian Sundar, meldete mehrere Transaktionen im Zusammenhang mit dem Vesting von Restricted Stock Units (RSUs) am 01.10.2025. Mehrere RSU-Teilbeträge wurden zu Stammaktien ohne Barzahlung umgewandelt, wodurch seine direkten Anteile durch drei Vesting-Ereignisse auf insgesamt 31.176 Aktien zulegten. Die Einreichung zeigt auch, dass das Unternehmen Aktien einbehielt hat, um Steuerabzugsverpflichtungen zu erfüllen: 518 Aktien (aus dem Grant 2023), 518 Aktien (aus dem Grant 2024) und 758 Aktien (aus dem Grant 2025). Die nachfolgenden Derivat-Offenlegungen spiegeln vestete RSUs wider, die RSUs zugrunde liegende 1.167, 1.167 und 1.709 Aktien in Stammaktien umwandelten. Der Bericht identifiziert Herrn Sundar als EVP/GM, Infrastructure Mgmt, und gibt an, dass es sich um nicht bar-Geld-Transaktionen, routinemäßige Transaktionen im Rahmen des Aktienplans des Unternehmens handelt.
FAQ
What transactions did Progress Software insider Subramanian Sundar report (PRGS)?
How many shares were withheld for taxes on the RSU vesting reported by PRGS insider?
Which RSU grants triggered the reported vesting for Subramanian Sundar?
Did the Form 4 show any open-market purchases or sales by the reporting person?
What is the reporting person’s role at Progress Software?
