Subramanian Sundar sold PRGS
February 1, 2025 · Form 4 insider transaction
Subramanian Sundar sold 6,293 shares of Progress Software Corporation at $57.23 per share, a transaction worth $360.1K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 3 days after the transaction.
Direction
Disposed (sell-side)
Shares
6,293
Price
$57.23
Total value
$360.1K
InsiderSubramanian Sundar
Role—
SecurityCommon Stock
Transaction codeF: Shares withheld for taxes
Transaction dateFebruary 1, 2025
Filing dateFebruary 4, 2025
Shares owned after26,365
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 20, 2022.