Subramanian Sundar sold PRGS
February 1, 2026 · Form 4 insider transaction
Subramanian Sundar sold 4,504 shares of Progress Software Corporation at $40.57 per share, a transaction worth $182.7K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 2 days after the transaction.
Direction
Disposed (sell-side)
Shares
4,504
Price
$40.57
Total value
$182.7K
InsiderSubramanian Sundar
Role—
SecurityCommon Stock
Transaction codeF: Shares withheld for taxes
Transaction dateFebruary 1, 2026
Filing dateFebruary 3, 2026
Shares owned after34,716
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
Represents shares of common stock withheld by the Company to pay the tax withholding obligations of the Reporting Person upon the vesting of performance-based restricted stock units granted to the Reporting Person on January 19, 2023.