Sundar Subramanian - 01 Oct 2026 Form 4 Insider Report for PROGRESS SOFTWARE CORP /MA (PRGS)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
05 Oct 2026, 16:09:03 UTC
Prior SEC filing
06 Jul 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
YuFan Stephanie Wang, Attorney-in-Fact
Filing notes and source

Key filing fact

Sundar Subramanian filed Form 4 for PROGRESS SOFTWARE CORP /MA (PRGS) on 05 Oct 2026.

Key facts

  • This page summarizes Sundar Subramanian's Form 4 filing for PROGRESS SOFTWARE CORP /MA (PRGS).
  • 9 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 05 Oct 2026, 16:09.

Change

  • Previous filing in this sequence was filed on 06 Jul 2026.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001897760 Primary reporting owner

Subramanian Sundar

Relationship
EVP/GM Infrastructure Mgmt
Address
C/O PROGRESS SOFTWARE CORPORATION, 15 WAYSIDE ROAD, SUITE 400, BURLINGTON
Signature
YuFan Stephanie Wang, Attorney-in-Fact
Signature date
05 Oct 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PRGS transaction

Common Stock

Options Exercise

Transaction value
Shares
+1,168
Change %
+6.4%
Price
$0.000000*
Shares after
19,538
Date
01 Oct 2026
Ownership
Direct
Footnotes
F1
PRGS transaction

Common Stock

Tax liability

Transaction value
Shares
-519
Change %
-2.7%
Price
$38.99*
Shares after
19,019
Date
01 Oct 2026
Ownership
Direct
Footnotes
F2
PRGS transaction

Common Stock

Options Exercise

Transaction value
Shares
+1,709
Change %
+9%
Price
$0.000000*
Shares after
20,728
Date
01 Oct 2026
Ownership
Direct
Footnotes
F1
PRGS transaction

Common Stock

Tax liability

Transaction value
Shares
-758
Change %
-3.7%
Price
$38.99*
Shares after
19,970
Date
01 Oct 2026
Ownership
Direct
Footnotes
F3
PRGS transaction

Common Stock

Options Exercise

Transaction value
Shares
+2,222
Change %
+11%
Price
$0.000000*
Shares after
22,192
Date
01 Oct 2026
Ownership
Direct
Footnotes
F1
PRGS transaction

Common Stock

Tax liability

Transaction value
Shares
-986
Change %
-4.4%
Price
$38.99*
Shares after
21,206
Date
01 Oct 2026
Ownership
Direct
Footnotes
F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PRGS transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares
-1,168
Change %
-50%
Price
$0.000000*
Shares after
1,168
Date
01 Oct 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,168
Exercise price
Footnotes
F1, F5
PRGS transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares
-1,709
Change %
-25%
Price
$0.000000*
Shares after
5,128
Date
01 Oct 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,709
Exercise price
Footnotes
F1, F6
PRGS transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares
-2,222
Change %
-17%
Price
$0.000000*
Shares after
11,112
Date
01 Oct 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,222
Exercise price
Footnotes
F1, F7
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

Restricted stock units convert into common stock on a one-for-one basis.

Footnote F2

Represents shares of common stock withheld by Progress Software Corporation (the "Company") to pay the tax withholding obligations of the Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on January 18, 2024.

Footnote F3

Represents shares of common stock withheld by the Company to pay the tax withholding obligations of the Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on January 23, 2025.

Footnote F4

Represents shares of common stock withheld by the Company to pay the tax withholding obligations of the Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on January 22, 2026.

Footnote F5

On January 18, 2024, the Reporting Person was granted 7,004 restricted stock units pursuant to the Company's 2008 Stock Option and Incentive Plan (as amended and restated, the "Plan"). The restricted stock units vest in six equal semiannual installments beginning October 1, 2024, subject to the continued employment of the Reporting Person with the Company.

Footnote F6

On January 23, 2025, the Reporting Person was granted 10,255 restricted stock units pursuant to the Plan. The restricted stock units vest in six equal semiannual installments beginning October 1, 2025, subject to the continued employment of the Reporting Person with the Company.

Footnote F7

On January 22, 2026, the Reporting Person was granted 13,334 restricted stock units pursuant to the Plan. The restricted stock units vest in six equal semiannual installments beginning October 1, 2026, subject to the continued employment of the Reporting Person with the Company.

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