Subramanian Sundar sold PRGS
March 1, 2024 · Form 4 insider transaction
Subramanian Sundar sold 5,799 shares of Progress Software Corporation at $52.58 per share, a transaction worth $304.9K. The trade was recorded as open-market sale under a pre-scheduled Rule 10b5-1 plan and disclosed on an SEC Form 4, filed 4 days after the transaction.
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 9, 2023.; This transaction was executed in multiple trades at prices ranging from $52.45 to $53.25 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.