Gupta Yogesh K sold PRGS

February 1, 2024 · Form 4 insider transaction

Gupta Yogesh K sold 32,128 shares of Progress Software Corporation at $56.78 per share, a transaction worth $1.82M. 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
32,128
Price
$56.78
Total value
$1.82M
Role
SecurityCommon Stock
Transaction codeS: Open-market sale
Transaction dateFebruary 1, 2024
Filing dateFebruary 2, 2024
Shares owned after194,604
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 August 11, 2023.; This transaction was executed in multiple trades at prices ranging from $56.30 to $57.29 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