Trade Summary

1 week ago, Subramanian Sundar, serving as EVP/GM Infrastructure Mgmt at PROGRESS SOFTWARE CORP /MA (PRGS), sold 10,597 shares at $38.27 per share, for a total transaction value of $405,547.19. Following this transaction, Subramanian Sundar now holds 18,370 shares of PRGS.

This sale represents a 36.58% decrease in Subramanian Sundar's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Wednesday, July 1, 2026 and publicly disclosed via SEC Form 4 filing on Monday, July 6, 2026 at 4:17 PM ET, 5 days after the trade was made.

PROGRESS SOFTWARE CORP /MA operates in the TECHNOLOGY sector, specifically within the SOFTWARE - INFRASTRUCTURE industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.