Notice of Proposed Sale · 144
Progress Software Corporation
PRGSNASDAQEQUITYCurrent
Notice of Proposed Sale
Structured filing — 144
primary_doc.xml
Notice of proposed sale. The proposed amounts below do not establish that a sale occurred.
Proposed-sale notice
- Issuer
- PROGRESS SOFTWARE CORPORATION
- Issuer CIK
- 0000876167
- SEC file number
- 000-19417
- Phone
- 7812804000
- Person for whose account securities are to be sold
- SUNDAR SUBRAMANIAN
- Relationships to issuer
- Officer
- Street
- 15 Wayside Road, Suite 400
- City
- Burlington
- State / country code
- MA
- Postal code
- 01803
Securities proposed for sale
| Security | Proposed units | Aggregate market value | Units outstanding | Approximate sale date | Exchange | Broker / market maker |
|---|---|---|---|---|---|---|
| Common | 10,597 | 355,847.26 | 41,012,942 | 07/01/2026 | NASDAQ | Morgan Stanley Smith Barney LLC Executive Financial Services |
Broker / market maker — proposed row 1, entry 1
- Name
- Morgan Stanley Smith Barney LLC Executive Financial Services
- Street
- 1 New York Plaza
- Street (continued)
- 8th Floor
- City
- New York
- State / country code
- NY
- Postal code
- 10004
Acquisition of securities to be sold
| Security | Acquired | Nature of acquisition | Acquired from | Amount acquired | Gift transaction | Payment date | Nature of payment |
|---|---|---|---|---|---|---|---|
| Common | 07/01/2026 | Exercise of Stock Options | Issuer | 10,597 | N | 07/01/2026 | Cash |
Prior-sale reporting
- Nothing to report for the preceding three months
- Y
Notice signature
- Notice date
- 07/01/2026
- Signed
- /s/ Sundar Subramanian
- Plan adoption dates
- 10/27/2025
Company context
Progress Software (Nasdaq: PRGS) provides the context and control organizations need to reliably extract value from AI - context drawn from an organization's data, content and workflows, and control over the security, governance and cost of their AI initiatives. Learn how hundreds of thousands of businesses, powering the work of tens of millions of professionals worldwide, realize value from trusted, enterprise-ready AI at www.progress.com.