Insider Sale by Jarrett Loren (EVP/GM Digital Experience)
Trade Summary
6 days ago, Jarrett Loren, serving as EVP/GM Digital Experience at PROGRESS SOFTWARE CORP /MA (PRGS), sold 11,747 shares at $41.61 per share, for a total transaction value of $488,777.85. Following this transaction, Jarrett Loren now holds 10,269 shares of PRGS.
This sale represents a 53.36% decrease in Jarrett Loren'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 29, 2026 and publicly disclosed via SEC Form 4 filing on Thursday, July 30, 2026 at 4:10 PM ET, 1 day 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.
Trade Price
$41.61
Quantity
11,747
Total Value
$488,777.85
Shares Owned
10,269
Trade Date
6 days ago
SEC Filing Date
at 4:10 PM ET
Filed 1 day after trade
Discussion