May 14, 2024 · Form 4 insider transaction
Ainsworth John sold 30,631 shares of Progress Software Corporation at $51.03 per share, a transaction worth $1.56M. The trade was recorded as open-market sale under a pre-scheduled Rule 10b5-1 plan and disclosed on an SEC Form 4, filed 1 day after the transaction.
The trading activity reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 13, 2024.; This transaction was executed in multiple trades at prices ranging from $50.70 to $51.40 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.