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Progress Software Corp (DE) Form 4 Filings

PRGS NASDAQ

Every Form 4 that Progress Software Corp (DE) (PRGS) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A Form 4 covers the transactions officers, directors and large holders report, so if you follow PRGS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PRGS filings page.

Rhea-AI Summary

PROGRESS SOFTWARE CORP (PRGS) reported that its Chief Financial Officer, Anthony Folger, sold 2,000 shares of common stock on August 14, 2026 at $44.80 per share in an open-market transaction. The sale was executed under a preexisting Rule 10b5-1 trading plan. Following the sale, he directly holds 47,381 shares of Progress Software common stock, which includes 579 shares acquired through the company’s Employee Stock Purchase Plan.

Rhea-AI 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.

Rhea-AI Summary

Progress Software executive Sundar Subramanian reported an exercise-and-sale transaction in company stock. On July 1, 2026, he exercised employee stock options to acquire 10,597 shares of common stock at $38.06 per share, then sold 10,597 shares in open-market trades at a weighted average price of $38.27 per share under a preexisting Rule 10b5-1 trading plan.

Following these transactions, he holds 18,370 shares of Progress Software common stock directly, including 579 shares acquired on March 31, 2026 through the company’s Employee Stock Purchase Plan. The options exercised were granted on September 30, 2019 and this tranche is now fully exercised.

Rhea-AI Summary

VITALE VIVIAN M reported acquisition or exercise transactions in this Form 4 filing.

PROGRESS SOFTWARE CORP /MA director Vivian M. Vitale received an equity award of 5,857 deferred stock units of common stock as part of her fiscal 2026 director retainer. The award is valued at $38.42 per unit and increases her direct holdings to 36,224 shares.

The deferred stock units were granted under the company’s Director Compensation Plan pursuant to its 2008 Stock Option and Incentive Plan. They vest on the date of the company’s 2027 Annual Meeting of Stockholders, contingent on her continued board service, and are payable one-for-one in common stock upon either a change in control or when she leaves the board.

Rhea-AI Summary

Tucci Angela reported acquisition or exercise transactions in this Form 4 filing.

Progress Software director Angela Tucci received an equity award of 5,857 restricted stock units (RSUs) as her fiscal year 2026 retainer for board service. The RSUs were granted at a reference price of $38.42 per unit and will settle one-for-one in common stock.

The units are payable upon vest on the earlier of a change in control of the company or the 2027 Annual Meeting of Stockholders, provided she continues serving on the board until that time. Following this award, her direct holdings total 51,116 shares of Progress Software common stock.

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Kane Charles Francis reported acquisition or exercise transactions in this Form 4 filing.

Progress Software director Charles Francis Kane received an equity award rather than buying shares on the market. On the reported date, he was granted 5,857 restricted stock units as his fiscal 2026 equity retainer for serving on the board.

The units are payable in an equal number of common shares on the earlier of a change in control or the company’s 2027 annual stockholders’ meeting, if he continues as a director through that time. Following this grant, he directly holds 76,291 shares of Progress Software common stock.

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KRALL DAVID reported acquisition or exercise transactions in this Form 4 filing.

Progress Software director David Krall received an equity award of 5,857 deferred stock units, reported as common stock equivalents at $38.42 per unit. The grant represents his fiscal 2026 equity retainer for board service and was issued under the company’s Director Compensation Plan and 2008 Stock Option and Incentive Plan.

The deferred stock units vest on the date of the company’s 2027 Annual Meeting of Stockholders, as long as he continues serving on the board until then. They are payable on a one-for-one basis in common stock upon a change in control of the company or when he leaves the board. Following this grant, Krall’s directly held and reported common stock equivalents total 105,947 shares.

Rhea-AI Summary

King Samskriti reported acquisition or exercise transactions in this Form 4 filing.

Progress Software director Samskriti King received an equity award of 5,857 deferred stock units of common stock at a reference price of $38.42 per unit as the fiscal 2026 equity retainer for board service. These units vest on the date of the Company’s 2027 Annual Meeting of Stockholders, subject to continued board service, and are payable one-for-one in common stock upon a change in control or when the director leaves the board. Following this award, King directly holds 51,116 shares/units linked to Progress Software common stock.

Rhea-AI Summary

Gawlick Rainer reported acquisition or exercise transactions in this Form 4 filing.

Progress Software director Rainer Gawlick received a stock-based compensation grant. On July 2, 2026, he was awarded 5,857 deferred stock units of Progress Software common stock at a reference price of $38.42 per share, bringing his direct holdings to 61,401 shares.

The award represents his fiscal 2026 equity retainer for board service, issued under the company’s Director Compensation Plan and 2008 Stock Option and Incentive Plan. These deferred stock units vest at the company’s 2027 Annual Meeting of Stockholders and are settled one-for-one in common stock upon a change in control or when he leaves the board.

Rhea-AI Summary

Progress Software director John R. Egan reported an equity grant of 5,857 restricted stock units of common stock. The award represents his fiscal year 2026 equity retainer for board service and was issued under Progress Software’s Director Compensation Plan and 2008 Stock Option and Incentive Plan.

The restricted stock units will convert into an equal number of common shares on the earlier of a change in control of the company or the date of the 2027 Annual Meeting of Stockholders, if he continues serving as a director through that time. After this grant, Egan directly holds 57,174 shares of Progress Software common stock.

Rhea-AI Summary

DACIER PAUL T reported acquisition or exercise transactions in this Form 4 filing.

Progress Software director Paul T. Dacier received an equity award of 5,857 deferred stock units of common stock. The units were granted as his fiscal 2026 equity retainer under the company’s Director Compensation Plan at a reference price of $38.42 per share. The deferred stock units will vest on the date of the company’s 2027 Annual Meeting of Stockholders, as long as he continues serving on the board until then. They are payable one-for-one in common stock upon the earlier of a change in control of the company or when he leaves the board. Following this grant, Dacier directly holds 58,691 shares and deferred stock units in total.

Rhea-AI Summary

Progress Software Chief Financial Officer Anthony Folger sold 4,474 shares of common stock in open-market transactions pursuant to a preexisting Rule 10b5-1 trading plan adopted on February 4, 2026. The sales on May 19, 2026 were executed in multiple trades, at weighted average prices of $29.05 and $29.96 per share across disclosed price ranges. Following these transactions, Folger directly holds 48,802 shares of Progress Software common stock.

Rhea-AI Summary

Progress Software’s Chief Legal Officer, Stephanie Yufan Wang, reported selling a total of 5,019 shares of common stock on May 18, 2026 in open-market transactions. The sales were executed in tranches at weighted average prices of $28.44 and $29.04 per share.

According to the disclosure, these transactions were carried out under a preexisting Rule 10b5-1 trading plan adopted on January 23, 2026, described as established prior to recent volatility in the company’s stock price and in compliance with applicable laws and regulations. Each tranche consisted of multiple trades within stated price ranges.

Rhea-AI Summary

Progress Software executive John Ainsworth reported routine equity compensation activity involving restricted stock units that convert into common stock on a one-for-one basis. On April 1, 2026, multiple RSU tranches vested and were exercised into common shares.

The filing shows a total of 4,044 restricted stock units exercised into common stock and 1,795 common shares withheld by the company at $24.96 per share to cover tax obligations tied to the RSU vesting. These F-code transactions are tax-withholding dispositions, not open-market sales.

After these transactions, Ainsworth directly holds 58,124 shares of Progress Software common stock. Footnotes explain that prior RSU awards of 7,003, 7,004, and 10,255 units vest in six equal semiannual installments beginning on specific future dates, contingent on continued employment.

Rhea-AI Summary

Progress Software Chief Financial Officer Anthony Folger reported routine equity compensation activity. On April 1, 2026, restricted stock units converted into 8,042 shares of common stock, reflecting scheduled vesting grants from prior years under the company’s stock plan.

To cover related tax obligations, a total of 3,568 common shares were withheld by the company at $24.96 per share instead of being sold in the market. After these vesting and tax-withholding entries, Folger directly holds 53,276 shares of Progress Software common stock.

Rhea-AI Summary

Progress Software Chief Executive Officer Yogesh K. Gupta reported the vesting of restricted stock units and related tax withholding. On April 1, 2026, he exercised restricted stock units that converted into 22,473 shares of common stock, in line with prior equity awards under the company’s stock plan.

To cover tax obligations on these vestings, the company withheld a total of 10,868 shares of common stock at $24.96 per share, recorded as tax-withholding dispositions rather than market sales. After these transactions, Gupta directly held 286,198 shares of Progress Software common stock.

Rhea-AI Summary

Progress Software executive Jarrett Loren reported routine equity compensation activity. On April 1, 2026, he exercised and converted a total of 4,044 restricted stock units into an equal number of common shares at a conversion price of $0.00 per share.

To cover related tax obligations at vesting, the company withheld 1,714 common shares at $24.96 per share, recorded as tax-withholding dispositions rather than market sales. After these transactions, Loren directly held 22,016 shares of Progress Software common stock.

Rhea-AI Summary

Progress Software (PRGS) executive Sundar Subramanian reported routine equity compensation activity involving restricted stock units (RSUs) and related tax withholding. On April 1, 2026, he exercised RSUs into 4,044 shares of common stock and had 1,795 shares withheld by the company to cover tax obligations at $24.96 per share.

Following these transactions, he directly holds 16,710 shares of common stock and 6,837 RSUs, which continue to vest in semiannual installments under the company’s 2008 Stock Option and Incentive Plan. The filing shows compensation-related exercises and tax-withholding dispositions rather than open‑market buying or selling.

Rhea-AI Summary

Progress Software Chief Accounting Officer Domenic LoCoco reported routine equity compensation activity involving vested restricted stock units that converted into common shares. On April 1, 2026, a total of 2,617 restricted stock units converted into 2,617 shares of common stock on a one-for-one basis.

To cover tax obligations from these vestings, the company withheld 770 shares of common stock at $24.96 per share, a non-market tax-withholding disposition rather than an open-market sale. After these transactions, LoCoco directly held 9,857 shares of Progress Software common stock.

Rhea-AI Summary

Progress Software Chief Legal Officer Yufan Stephanie Wang reported routine equity compensation activity. On April 1, 2026, restricted stock units converted into 3,309 shares of common stock in three tranches, reflecting previously granted awards vesting under the company’s stock plan.

To cover related tax obligations at $24.96 per share, the company withheld 1,502 shares, recorded as tax-withholding dispositions rather than market sales. After these transactions, Wang directly owned 7,563 shares of Progress Software common stock.

Rhea-AI Summary

PROGRESS SOFTWARE CORP /MA EVP Sundar Subramanian reported option exercises and share sales in PRGS stock. On March 10–11, 2026, he exercised stock options for a total of 4,020 shares of common stock at an exercise price of $38.06 per share. He then sold 23,194 shares of common stock in open‑market transactions at weighted average prices around $37.48–$38.28, executed in multiple trades within stated price ranges under a preexisting Rule 10b5‑1 trading plan adopted on October 27, 2025. After these transactions, he directly holds 15,542 shares of Progress Software common stock.

Rhea-AI Summary

Progress Software executive John Ainsworth reported equity vesting and tax withholding transactions. On February 1, 2026, 10,154 performance-based restricted stock units vested and converted into 10,154 shares of common stock at $0 per share, following three-year performance criteria under the 2022 Long Term Incentive Plan.

The company then withheld 4,504 shares of common stock at $40.57 per share to cover his tax obligations related to this vesting. After these transactions, Ainsworth directly owned 55,875 shares of Progress Software common stock.

Rhea-AI Summary

Progress Software Corporation executive Subramanian Sundar, EVP/GM Infrastructure Management, reported the vesting of performance-based restricted stock units tied to company results. On February 1, 2026, 10,154 RSUs converted into the same number of Progress common shares, based on performance over a three-year period ending November 30, 2025.

The company withheld 4,504 shares at $40.57 per share to cover tax obligations arising from the vesting. After these transactions, Sundar directly owned 34,716 shares of Progress Software common stock.

Rhea-AI Summary

Progress Software CEO Yogesh K. Gupta reported the vesting of performance-based equity and related tax withholding. On February 1, 2026, 59,230 performance-based restricted stock units, granted on January 19, 2023, converted into the same number of Progress common shares after the company met relative total shareholder return and cumulative operating income goals over the three-year period ending November 30, 2025. The company withheld 28,638 shares at $40.57 per share to cover Gupta’s tax obligations from this vesting. After these transactions, he directly owned 274,593 shares of Progress Software common stock.

Rhea-AI Summary

Progress Software executive Jarrett Loren reported routine equity compensation activity. On February 1, 2026, 10,154 performance-based restricted stock units vested, converting into an equal number of common shares after the company met total shareholder return and operating income goals over a three-year period.

On the same date, 4,301 common shares were withheld by Progress Software to cover Loren’s tax obligations related to this vesting at a price of $40.57 per share. After these transactions, Loren directly owned 19,686 shares of Progress Software common stock.

Rhea-AI Summary

Progress Software’s Chief Legal Officer, Yufan Stephanie Wang, reported the vesting and conversion of 9,309 performance-based restricted stock units into common stock on February 1, 2026, after three-year return and income criteria were met. The company withheld 4,221 shares at $40.57 to satisfy tax obligations. Following these transactions, she holds 5,756 shares of common stock directly.

Rhea-AI Summary

Progress Software Chief Financial Officer Anthony Folger reported multiple equity transactions involving company stock. On February 1, 2026, 22,000 performance-based restricted stock units vested and converted into an equal number of common shares at $0 exercise price, based on three-year performance criteria ending November 30, 2025.

To cover taxes on this vesting, the company withheld 9,757 shares at $40.57 per share. On February 3, 2026, Folger sold 5,184 shares at a weighted average price of $39.88 and 816 shares at a weighted average price of $40.78, under a preexisting Rule 10b5-1 trading plan adopted April 8, 2025. After these transactions, he directly owned 48,802 common shares.

Rhea-AI Summary

Progress Software executive Subramanian Sundar reported a small stock sale and new equity awards. On 01/26/2026, he sold 1,352 shares of Progress Software common stock at $42.37 per share under a preexisting Rule 10b5-1 trading plan and held 29,066 shares afterward. On 01/22/2026, he received 13,334 restricted stock units, each representing one share of common stock, and 31,510 employee stock options with a $42.75 exercise price. The restricted stock units vest in six equal semiannual installments beginning on October 1, 2026, and the stock options vest in eight equal semiannual installments beginning on the same date, in each case subject to his continued employment.

Rhea-AI Summary

Progress Software Corporation granted equity awards to its Chief Legal Officer, YuFan Stephanie Wang. On January 22, 2026, she received 10,176 restricted stock units, each representing a right to receive one share of common stock. These units vest in six equal semiannual installments starting on October 1, 2026, as long as she remains employed by the company.

On the same date, she was also granted 24,047 employee stock options with an exercise price of $42.75 per share. These options vest in eight equal semiannual installments beginning on October 1, 2026, also contingent on continued employment. Both awards are issued under Progress Software’s 2008 Stock Option and Incentive Plan.

Rhea-AI Summary

Progress Software Corporation granted its Chief Accounting Officer, Domenic LoCoco, 7,018 restricted stock units (RSUs) on January 22, 2026. Each RSU is a contingent right to receive one share of Progress Software common stock.

The RSUs were issued under the company’s 2008 Stock Option and Incentive Plan and were reported as directly owned by the officer. They vest in six equal semiannual installments beginning on October 1, 2026, and each installment requires Mr. LoCoco to remain employed by the company through the applicable vesting date.

Rhea-AI Summary

Progress Software Corporation executive Jarrett Loren, EVP/GM Digital Experience, reported new equity awards. On January 22, 2026, Loren received 13,334 restricted stock units, each representing the right to one share of common stock, and 31,510 employee stock options with an exercise price of $42.75 per share.

The restricted stock units vest in six equal semiannual installments starting on October 1, 2026, while the stock options vest in eight equal semiannual installments beginning on the same date. Both awards are granted under the company’s 2008 Stock Option and Incentive Plan and are subject to Loren’s continued employment.

Rhea-AI Summary

Progress Software Corporation executive John Ainsworth, EVP/GM App & Data Platform, reported new equity awards. On January 22, 2026, he received 13,334 restricted stock units, each representing the right to one share of Progress common stock. These RSUs vest in six equal semiannual installments starting on October 1, 2026, as long as he remains employed by the company.

On the same date, Ainsworth was also granted 31,510 employee stock options with an exercise price of $42.75 per share, expiring on January 21, 2033. These options vest in eight equal semiannual installments beginning on October 1, 2026, also conditioned on continued employment.

Rhea-AI Summary

Progress Software Corporation reported that Chief Executive Officer and director Yogesh K. Gupta received new equity awards on January 22, 2026. He was granted 69,474 restricted stock units, each representing a right to receive one share of Progress Software common stock if vesting conditions are met. He also received stock options for 164,180 shares of common stock with an exercise price of $42.75 per share.

The restricted stock units vest in six equal semiannual installments beginning on October 1, 2026, while the stock options vest in eight equal semiannual installments beginning on the same date. Both awards are granted under the company’s 2008 Stock Option and Incentive Plan and require Mr. Gupta to remain employed with the company through each vesting date.

Rhea-AI Summary

Progress Software Corporation reported that its Chief Financial Officer, Anthony Folger, received new equity awards. On January 22, 2026, he was granted 28,071 restricted stock units, each representing the right to receive one share of Progress Software common stock. These RSUs vest in six equal semiannual installments starting on October 1, 2026, as long as he remains employed by the company.

On the same date, Folger was also granted 66,335 employee stock options with an exercise price of $42.75 per share. These options vest in eight equal semiannual installments beginning on October 1, 2026, also conditioned on his continued employment. Both awards are issued under the company’s 2008 Stock Option and Incentive Plan.

Rhea-AI Summary

Insider sale by a company officer recorded on a Form 4. Chief Information Officer Ian Pitt reported a sale of 409 shares of Progress Software Corporation (PRGS) on 10/06/2025 at a price of $46.2 per share. The filing states the sale was executed under a preexisting Rule 10b5-1 trading plan adopted on 7/24/2024, and the reporting person held 7,368 shares following the transaction. The document is a routine Section 16 disclosure that records the mechanics of the transaction and affirms compliance with applicable securities rules.

Rhea-AI Summary

Stephanie YuFan Wang, Chief Legal Officer of Progress Software Corporation (PRGS), reported multiple restricted stock unit vestings and related share withholdings on 10/01/2025 and a sale under a preexisting Rule 10b5-1 plan on 10/03/2025. Several RSU tranches vested, producing net share acquisitions and tax-withheld disposals at a price of $44.21 per withheld share. The Form 4 discloses a sale of 1,428 shares at $46.26 pursuant to the 10b5-1 plan. Following these reported transactions, the reporting person beneficially owns 6,006 shares of common stock (direct ownership).

Rhea-AI Summary

Anthony Folger, Chief Financial Officer of Progress Software Corporation (PRGS), reported multiple transactions in Form 4 covering sales and vesting of restricted stock units. On 10/01/2025 and 10/03/2025 Mr. Folger had restricted stock units vest that converted into shares at no cash price and the company withheld shares to satisfy tax withholding obligations from prior grants. He sold 5,374 shares on 10/03/2025 under a preexisting Rule 10b5-1 plan at a weighted average price of $46.45 (trade prices ranged $46.08–$47.03), plus an additional 100 shares sold at $47.32. Following the reported transactions, his beneficial ownership is reported at 42,559 shares.

Rhea-AI Summary

Ian Pitt, Chief Information Officer of Progress Software Corporation (PRGS), reported multiple transactions on 10/01/2025 showing vesting and withholding related to restricted stock units. The filing shows three separate grants with vesting installments that produced 681, 666, and 739 restricted stock units (RSUs) that converted into common stock on a one-for-one basis. Some shares were withheld to satisfy tax-withholding obligations at prices shown as $44.21 per share for withheld lots. Following the reported transactions, the schedule lists changing beneficial ownership totals for the reporting person in the range of 6,926 to 8,068 shares depending on each line entry. The grants originate from awards dated January 19, 2023, January 18, 2024, and January 23, 2025, each vesting in six equal semiannual installments beginning on the respective October 1 start date.

Rhea-AI Summary

John Ainsworth, EVP/GM, Application & Data Platform at Progress Software Corporation (PRGS), reported Section 16 transactions dated 10/01/2025. Several restricted stock unit installments vested and were converted into common stock on a one‑for‑one basis, resulting in multiple zero‑price stock issuances (codes M) of 1,167, 1,167 and 1,709 shares. To satisfy tax withholding on those vesting events, the company withheld and disposed of 518, 518 and 758 shares, each at a reported price of $44.21 (codes F). The reported total common stock beneficially owned following the reported transactions is shown as 50,983 shares. The filing explains the RSUs were granted in January 2023, January 2024 and January 2025 and vest in six equal semiannual installments beginning on specified October 1 start dates.

Rhea-AI Summary

Domenic LoCoco, Chief Accounting Officer of Progress Software Corporation (PRGS), reported multiple transactions on 10/01/2025. Several restricted stock units (RSUs) vested and converted into common stock on a one-for-one basis at $0 conversion price, resulting in incremental share acquisitions. The company withheld shares to satisfy tax withholding obligations at an effective price of $44.21 per withheld share. Following the reported transactions, the Reporting Person directly beneficially owned 7,958 shares of common stock. The Form 4 is filed by one reporting person and was signed by an attorney-in-fact on 10/03/2025.

Rhea-AI Summary

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.

Rhea-AI Summary

Yogesh K. Gupta, who serves as Chief Executive Officer and a Director of Progress Software Corporation (PRGS), reported multiple restricted stock unit vestings and related share withholdings on 10/01/2025. Portions of three vesting installments converted to common stock (codes M) totaling 22,472 shares acquired for $0 as restricted stock unit settlements, and the company withheld 10,867 shares (codes F) to satisfy tax withholding at an effective price of $44.21 per share. After these transactions the reporting person beneficially owned 244,001 shares of common stock.

The filings show grants from prior years that vest semiannually: 40,849 RSUs granted on 1/19/2023, 44,095 RSUs on 1/18/2024, and 49,890 RSUs on 1/23/2025, each vesting in six equal semiannual installments beginning the October after grant. The transactions were filed by an attorney-in-fact on 10/03/2025.

Rhea-AI Summary

Jarrett Loren, Executive Vice President and General Manager, Digital Experience at Progress Software Corporation (PRGS), reported multiple restricted stock unit vesting and related share-withholding transactions on 10/01/2025. Several tranches of RSUs vested and converted one-for-one into common stock, resulting in reported acquisitions of 1,167, 1,167 and 1,709 shares and contemporaneous share withholdings to satisfy tax obligations of 565, 565 and 827 shares at a price of $44.21.

The filing shows remaining unvested RSU award schedules: 7,003 units (granted 1/19/2023), 7,004 units (granted 1/18/2024) and 10,255 units (granted 1/23/2025), each vesting in six equal semiannual installments beginning on the indicated October 1 start dates. Post-transaction beneficial ownership counts are reported on the form per line items.