STOCK TITAN

Progress Software EVP sells 2,086 common shares

The EVP/GM Digital Experience's sale was executed under a preexisting trading plan adopted January 24, 2026, with individual trades priced from $43.13 to $43.75 per share.

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Form Type
4

Rhea-AI Filing Summary

Progress Software Corporation (PRGS) EVP/GM Digital Experience Jarrett Loren sold 2,086 common shares on October 21, 2026, at a weighted average sale price of $43.47 per share. The sale was made under a preexisting Rule 10b5-1 trading plan adopted January 24, 2026. Trades ranged from $43.13 to $43.75 per share; after the sale, Jarrett directly held 10,815 shares.

Insider Jarrett Loren
Role EVP/GM Digital Experience
Sold 2,086 shs ($91K)
Type Security Shares Price Value
Sale Common Stock F1, F2 2,086 $43.47 $91K
Holdings After Transaction: Common Stock — 10,815 shares (Direct)
Footnotes (2)
  1. 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.
  2. F2. This tranche of the sale was executed in multiple trades at prices ranging from $43.13 to $43.75 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.
Common shares sold 2,086 shares October 21, 2026
Weighted average sale price $43.47 per share October 21, 2026
Sale price range $43.13 to $43.75 per share Individual trades in the reported sale
Direct shares held after sale 10,815 shares Following the October 21, 2026 transaction
Rule 10b5-1 trading plan regulatory
"preexisting Rule 10b5-1 trading plan"
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
"represents the weighted average sale price"
Reporting Person regulatory
"adopted by the Reporting Person"

FAQ

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

How many PRGS shares did Jarrett Loren sell, and at what price?

Jarrett Loren, EVP/GM Digital Experience at Progress Software Corporation, sold 2,086 common shares on October 21, 2026, at a weighted average of $43.47 per share; individual trades ranged from $43.13 to $43.75. The sale was under a preexisting Rule 10b5-1 trading plan adopted January 24, 2026, and his reported direct holdings afterward were 10,815 shares.

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

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SEC Form 4
FORM 4UNITED 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).
X
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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP/GM Digital Experience
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/21/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock10/21/2026S(1)2,086D$43.47(2)10,815D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
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 $43.13 to $43.75 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-Fact10/22/2026
** Signature of Reporting PersonDate
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)

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