Welcome to our dedicated page for Progress Soft SEC filings (Ticker: PRGS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Progress Software Corp. filings document the financial reporting, governance and capital-structure disclosures of an operating software company. Recent Form 8-K reports furnish quarterly and annual results, Regulation FD supplemental data, non-GAAP reconciliations and amendments to presentation materials, including corrected SaaS revenue supplemental data.
Proxy and annual-meeting filings cover board elections, advisory executive-compensation votes, equity compensation plan share authorizations, employee stock purchase plan matters and auditor ratification. Material-event filings also disclose financing arrangements such as secured revolving credit facilities, along with the company’s securities-law status and related exhibit information.
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.
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.
Progress Software Corporation filed an amended current report to correct a clerical error in its third-quarter 2025 financial supplemental data. The correction applies only to the amount labeled as SaaS revenue on slide 17 of the supplemental presentation previously furnished as an exhibit.
The company notes that the total revenue figure on that slide, as well as the SaaS revenue reported in its Form 10-Q for the quarter ended August 31, 2025, were already accurate and remain unchanged. A revised slide 17 is now provided as a new exhibit, and no other parts of the supplemental data or the earlier report have been modified.
Progress Software completed the $875.0 million cash acquisition of ShareFile on October 31, 2024, funding the deal with $730.0 million of borrowings under its revolving credit facility and cash on hand. The Company preliminarily allocated $464.0 million to identifiable intangible assets and recorded $96.2 million of deferred revenue; ShareFile contributed $64.6 million and $194.1 million of revenue in the three and nine months ended August 31, 2025, respectively.
The Company had $620.0 million outstanding under its revolving credit facility as of August 31, 2025, with a reported interest rate of 6.32% and incurred $6.0 million of debt issuance costs in the quarter. Progress repurchased $65.1 million of stock in the first nine months of fiscal 2025 and on September 23, 2025 increased its repurchase authorization by $200.0 million to $242.2 million. The filing discloses ongoing costs and litigation related to the MOVEit Vulnerability, $15.0 million of cybersecurity insurance coverage originally (approximately $5.0 million remaining as of August 31, 2025), and that loss contingencies cannot yet be reasonably estimated.
Progress Software Corporation filed a current report to furnish information about its latest financial performance. On September 29, 2025, the company issued a press release announcing financial results for its fiscal third quarter ended August 31, 2025, which is attached as Exhibit 99.1. The company is also providing Q3 2025 supplemental data as Exhibit 99.2, which will be made available in the investor relations section of its website prior to a live conference call. Progress states that the information in Items 2.02 and 7.01, including Exhibits 99.1 and 99.2, is being furnished rather than filed, which affects how it is treated under securities law.
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.