Jarrett Loren, EVP/GM Digital Experience at Progress Software (PRGS), has demonstrated a consistent pattern of selling activity over the past two years, with no recorded purchases in SEC filings. Since 2024, Loren has executed 26 transactions—all involving PRGS—totaling $1.65 million in sales. The most significant disposals occurred on February 3, 2025, when Loren sold shares worth $525,859 and $34,357, followed by a $343,952 transaction on February 1, 2025. More recently, on February 1, 2026, he disposed of $174,492 in stock. Smaller sales punctuate this trend, including three transactions on April 1, 2024, totaling $82,845, and two sales on October 1, 2025, amounting to $61,540.
The filings show Loren’s transactions are primarily coded as "F" (dispositions to the issuer or affiliate) and "S" (open-market sales), with no "P" (purchase) codes present. Award-related transactions ("A") and option exercises ("M") appear in the records but carry no reported value. The absence of buy activity and the recurring sales—particularly the two most recent disposals in early 2026—suggest a sustained reduction in Loren’s PRGS holdings. While the reasons for these sales are undisclosed, the data reflects a clear directional bias toward divestment rather than accumulation in his executive role at the company.
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