Subramanian Sundar bought PRGS
January 23, 2025 · Form 4 insider transaction
Subramanian Sundar bought 10,255 shares of Progress Software Corporation at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.
Direction
Acquired (buy-side)
Shares
10,255
Price
$0.00
Total value
N/A
InsiderSubramanian Sundar
Role—
SecurityRestricted Stock Units
Transaction codeA: Grant or award
Transaction dateJanuary 23, 2025
Filing dateJanuary 27, 2025
Shares owned after10,255
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
Each restricted stock unit represents a contingent right to receive one share of Progress Software Corporation's (the "Company's") common stock.; Represents restricted stock units granted to the Reporting Person pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest in six equal semiannual installments beginning October 1, 2025, subject to the continued employment of the Reporting Person with the Company.