PRGS - Progress Software Corp /Ma

Insider Purchase by Krall David (Dir)

1 Year
After Trade
Before Trade

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Trade Summary

7 months ago, Krall David, serving as Dir at Progress Software Corp /Ma (PRGS), purchased 5,125 shares at $48.90 per share, for a total transaction value of $250,613.00. Following this transaction, Krall David now holds 100,090 shares of PRGS.

This purchase represents a 5.00% increase in Krall David'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 23, 2025 and publicly disclosed via SEC Form 4 filing on Thursday, July 24, 2025, 1 day after the trade was made.

Progress Software Corp /Ma operates in the TECHNOLOGY sector, specifically within the SOFTWARE - INFRASTRUCTURE industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.

Krall David

Dir

David A. Krall is a seasoned technology executive serving as a Director on the Board of Harmonic Inc. (NASDAQ: HLIT), a leader in video delivery and cable access virtualization.[[1]](https://www.progress.com/company/leadership/david-krall)[[5]](https://www.prnewswire.com/news-releases/harmonic-appoints-david-krall-to-its-board-of-directors-300597340.html)[[6]](https://www.harmonicinc.com/press-releases/harmonic-appoints-david-krall-board-directors/) He recently purchased 47,528 shares of HLIT stock on December 11, 2025, at $10.50 per share, totaling approximately $499,000, bringing his direct ownership to 223,125 shares.[[2]](https://www.gurufocus.com/news/4070757/harmonic-hlit-director-acquires-significant-shareholding?mobile=true)[[3]](https://www.investing.com/news/insider-trading-news/harmonic-inc-director-krall-buys-499k-in-shares-93CH-4409564) Krall's career spans over 25 years in professional audio, video, digital media, and technology industries, with leadership roles from startups to large public companies.[[1]](https://www.progress.com/company/leadership/david-krall) He served as President and COO of Roku, Inc. (NASDAQ: ROKU) from 2010 and as Strategic Advisor since 2011; President and CEO of QSecure, Inc.; and President and CEO of Avid Technology, Inc. (NASDAQ: AVID) from 2000 to 2007, where he doubled revenues to nearly $1 billion through product innovation and acquisitions.[[1]](https://www.progress.com/company/leadership/david-krall) He also serves on boards of Audinate Group Ltd (ASX: AD8) and Universal Audio.[[1]](https://www.progress.com/company/leadership/david-krall) Krall holds a B.S. and M.S. in Electrical Engineering from MIT and an MBA with distinction from Harvard Business School.[[1]](https://www.progress.com/company/leadership/david-krall)[[6]](https://www.harmonicinc.com/press-releases/harmonic-appoints-david-krall-board-directors/)

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Trade Price

$48.90

Quantity

5,125

Total Value

$250,613.00

Shares Owned

100,090

Trade Date

Wednesday, July 23, 2025

214 days ago

SEC Filing Date

Thursday, July 24, 2025

Filed 1 day after trade

TECHNOLOGYSOFTWARE - INFRASTRUCTURE

About Progress Software Corp /Ma

Company Overview

No company information available
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