Subramanian Sundar's Form 4 filing
Progress Software Corp (PRGS) · filed Mar 12, 2026
- Accession no.
- 0000876167-26-000042
- Filed
- Mar 12, 2026
- Trade date
- Mar 10-11, 2026
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Checked
This filing lists 5 non-derivative transactions and 2 derivative transactions. Open-market sales total $874.3K. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Subramanian SundarCIK 0001897760 | Officer (EVP/GM Infrastructure Mgmt) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Mar 10, 2026 | Common Stock | MOption exerciseAcquired | +2,420 | $38.06 | +$92,105.2 | 37,136 | Direct | |
| Mar 10, 2026 | Common Stock | SSaleDisposed | −16,427 | $37.48F2 | −$615,683.96 | 20,709 | Direct | |
| Mar 10, 2026 | Common Stock | SSaleDisposed | −5,167 | $38.19F3 | −$197,327.73 | 15,542 | Direct | |
| Mar 11, 2026 | Common Stock | MOption exerciseAcquired | +1,600 | $38.06 | +$60,896 | 17,142 | Direct | |
| Mar 11, 2026 | Common Stock | SSaleDisposed | −1,600 | $38.28F4 | −$61,248 | 15,542 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Mar 10, 2026 | Common Stock | MOption exerciseDisposed | −2,420 | $0.00 | $0 | 12,197 | Direct | |
| Mar 11, 2026 | Common Stock | MOption exerciseDisposed | −1,600 | $0.00 | $0 | 10,597 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F2
This tranche of the sale was executed in multiple trades at prices ranging from $36.87 to $37.86 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.
Referenced by the price of 1 transaction in Table I.
- F3
This tranche of the sale was executed in multiple trades at prices ranging from $37.87 to $38.26 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.
Referenced by the price of 1 transaction in Table I.
- F4
This tranche of the sale was executed in multiple trades at prices ranging from $38.18 to $38.51 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.
Referenced by the price of 1 transaction in Table I.