WANG YUFAN STEPHANIE, Chief Legal Officer at Progress Software Corporation (PRGS), has demonstrated a consistent pattern of selling activity with no recorded purchases in SEC filings since early 2024. Over 24 reported transactions, all involving PRGS stock, Wang has exclusively divested shares totaling $390,520.98 in market value. The most significant recent sale occurred on February 1, 2026, when Wang disposed of shares worth $171,245.97, followed by a $66,059.28 transaction on October 3, 2025. Earlier disposals in October 2025 clustered around smaller amounts between $9,018.84 and $23,563.93 per filing, suggesting either systematic liquidation or tax-related transactions.
Wang's trading history shows no open market purchases, with all activity consisting of sales (coded "S") and dispositions following the exercise of derivative securities (coded "F"). The pattern includes multiple award transactions (coded "A") with zero reported value, likely representing equity grants rather than market activity. The absence of buying activity and sustained selling across multiple years—including two disposals in 2026 following four in 2025 and three in 2024—indicates a directional bias toward reducing exposure to PRGS stock. All transactions remain confined to Progress Software, where Wang holds an executive position, with no diversification into other securities.
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