Jarrett Loren sold PRGS

February 3, 2025 · Form 4 insider transaction

Jarrett Loren sold 9,463 shares of Progress Software Corporation at $55.57 per share, a transaction worth $525.9K. 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.

Direction
Disposed (sell-side)
Shares
9,463
Price
$55.57
Total value
$525.9K
Role—
SecurityCommon Stock
Transaction codeS: Open-market sale
Transaction dateFebruary 3, 2025
Filing dateFebruary 4, 2025
Shares owned after12,240
OwnershipDirect
10b5-1 planYes
AmendedNo

Footnotes

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 6, 2024.; This transaction was executed in multiple trades at prices ranging from $55.20 to $56.12 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.

View the original Form 4 on SEC EDGAR