Form 4: Progress Software Corp /Ma Executive Reports Stock Transacti
Insider Transaction (Form 4)
Sundar Subramanian, EVP/GM Infrastructure Mgmt of Progress Software Corp /Ma, reported multiple transactions in common stock on October 1, 2026.
Summary
- Option exercise/conversion: acquired 1,168 Common Stock on October 1, 2026; holds 19,538 after (Direct).
- Tax/exercise-price withholding: disposed of 519 Common Stock at $38.99 ($20,236) on October 1, 2026; holds 19,019 after (Direct).
- Option exercise/conversion: acquired 1,709 Common Stock on October 1, 2026; holds 20,728 after (Direct).
- Tax/exercise-price withholding: disposed of 758 Common Stock at $38.99 ($29,554) on October 1, 2026; holds 19,970 after (Direct).
- Option exercise/conversion: acquired 2,222 Common Stock on October 1, 2026; holds 22,192 after (Direct).
- Tax/exercise-price withholding: disposed of 986 Common Stock at $38.99 ($38,444) on October 1, 2026; holds 21,206 after (Direct).
- Option exercise/conversion: disposed of 1,168 Restricted Stock Units on October 1, 2026; holds 1,168 after (Direct).
- Option exercise/conversion: disposed of 1,709 Restricted Stock Units on October 1, 2026; holds 5,128 after (Direct).
- Option exercise/conversion: disposed of 2,222 Restricted Stock Units on October 1, 2026; holds 11,112 after (Direct).
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as routine: the reported changes are grants, option exercises, tax withholding or similar administrative transactions, which carry limited directional signal.
Insider Transactions
Sundar Subramanian — Officer (EVP/GM Infrastructure Mgmt)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-10-01 | Option exercise/conversion | Common Stock | 1,168 | — | — | 19,538 |
| 2026-10-01 | Tax/exercise-price withholding | Common Stock | 519 | $39 | $20.2K | 19,019 |
| 2026-10-01 | Option exercise/conversion | Common Stock | 1,709 | — | — | 20,728 |
| 2026-10-01 | Tax/exercise-price withholding | Common Stock | 758 | $39 | $29.6K | 19,970 |
| 2026-10-01 | Option exercise/conversion | Common Stock | 2,222 | — | — | 22,192 |
| 2026-10-01 | Tax/exercise-price withholding | Common Stock | 986 | $39 | $38.4K | 21,206 |
| 2026-10-01 | Option exercise/conversion | Restricted Stock Units | 1,168 | — | — | 1,168 |
| 2026-10-01 | Option exercise/conversion | Restricted Stock Units | 1,709 | — | — | 5,128 |
| 2026-10-01 | Option exercise/conversion | Restricted Stock Units | 2,222 | — | — | 11,112 |
Key Dates
| Date | Description |
|---|---|
| 2026-10-01 | Option exercise/conversion (1,168 shares) |
| 2026-10-01 | Tax/exercise-price withholding (519 shares) |
| 2026-10-01 | Option exercise/conversion (1,709 shares) |
| 2026-10-01 | Tax/exercise-price withholding (758 shares) |
| 2026-10-01 | Option exercise/conversion (2,222 shares) |
| 2026-10-01 | Tax/exercise-price withholding (986 shares) |
| 2026-10-01 | Option exercise/conversion (1,168 shares) |
| 2026-10-01 | Option exercise/conversion (1,709 shares) |
| 2026-10-01 | Option exercise/conversion (2,222 shares) |
Keywords
insider transaction, Form 4, PRGS, PROGRESS SOFTWARE CORP /MA, neutral, Sundar Subramanian
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