PRGS: Subramanian Sundar discloses securities transactions
By AlphaYouPublished Form 4
Subramanian Sundar
Reporting filer
Subramanian Sundar reported Exercise or conversion in PROGRESS SOFTWARE CORP /MA: 1168 units of Common Stock, dated 2026-10-01. The full Form 4 contains 9 transaction entries.
- Disclosed
- Oct 5, 2026
Reported details
9 entries| Security | Owner | Date | Code | Action | Quantity | Price | Following holdings | Reporting delay | Filed terms and references |
|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Subramanian Sundar | 2026-10-01 | M | Exercise or conversion | 1168 | 0 | 19,538 | 4 days | Filed terms
|
| Common Stock | Subramanian Sundar | 2026-10-01 | F | Tax/exercise withholding | 519 | 38.99 | 19,019 | 4 days | Filed terms
|
| Common Stock | Subramanian Sundar | 2026-10-01 | M | Exercise or conversion | 1709 | 0 | 20,728 | 4 days | Filed terms
|
| Common Stock | Subramanian Sundar | 2026-10-01 | F | Tax/exercise withholding | 758 | 38.99 | 19,970 | 4 days | Filed terms
|
| Common Stock | Subramanian Sundar | 2026-10-01 | M | Exercise or conversion | 2222 | 0 | 22,192 | 4 days | Filed terms
|
| Common Stock | Subramanian Sundar | 2026-10-01 | F | Tax/exercise withholding | 986 | 38.99 | 21,206 | 4 days | Filed terms
|
| Restricted Stock Units (derivative) | Subramanian Sundar | 2026-10-01 | M | Exercise or conversion | 1168 | 0 | 1,168 | 4 days | Filed terms
|
| Restricted Stock Units (derivative) | Subramanian Sundar | 2026-10-01 | M | Exercise or conversion | 1709 | 0 | 5,128 | 4 days | Filed terms
|
| Restricted Stock Units (derivative) | Subramanian Sundar | 2026-10-01 | M | Exercise or conversion | 2222 | 0 | 11,112 | 4 days | Filed terms
|
Common Stock
- Owner
- Subramanian Sundar
- Date
- 2026-10-01
- Code
- M
- Action
- Exercise or conversion
- Quantity
- 1168
- Price
- 0
- Following holdings
- 19,538
- Reporting delay
- 4 days
- Filed terms and references
Filed terms
- security Title: Common Stock
- transaction Date: 2026-10-01
- transaction Form Type: 4
- transaction Code: M
- equity Swap Involved: 0
- transaction Shares: 1168
- transaction Price Per Share: 0
- id: F1
- transaction Acquired Disposed Code: A
- shares Owned Following Transaction: 19538
- direct Or Indirect Ownership: D
Common Stock
- Owner
- Subramanian Sundar
- Date
- 2026-10-01
- Code
- F
- Action
- Tax/exercise withholding
- Quantity
- 519
- Price
- 38.99
- Following holdings
- 19,019
- Reporting delay
- 4 days
- Filed terms and references
Filed terms
- security Title: Common Stock
- transaction Date: 2026-10-01
- transaction Form Type: 4
- transaction Code: F
- equity Swap Involved: 0
- transaction Shares: 519
- id: F2
- transaction Price Per Share: 38.99
- transaction Acquired Disposed Code: D
- shares Owned Following Transaction: 19019
- direct Or Indirect Ownership: D
Common Stock
- Owner
- Subramanian Sundar
- Date
- 2026-10-01
- Code
- M
- Action
- Exercise or conversion
- Quantity
- 1709
- Price
- 0
- Following holdings
- 20,728
- Reporting delay
- 4 days
- Filed terms and references
Filed terms
- security Title: Common Stock
- transaction Date: 2026-10-01
- transaction Form Type: 4
- transaction Code: M
- equity Swap Involved: 0
- transaction Shares: 1709
- transaction Price Per Share: 0
- id: F1
- transaction Acquired Disposed Code: A
- shares Owned Following Transaction: 20728
- direct Or Indirect Ownership: D
Common Stock
- Owner
- Subramanian Sundar
- Date
- 2026-10-01
- Code
- F
- Action
- Tax/exercise withholding
- Quantity
- 758
- Price
- 38.99
- Following holdings
- 19,970
- Reporting delay
- 4 days
- Filed terms and references
Filed terms
- security Title: Common Stock
- transaction Date: 2026-10-01
- transaction Form Type: 4
- transaction Code: F
- equity Swap Involved: 0
- transaction Shares: 758
- id: F3
- transaction Price Per Share: 38.99
- transaction Acquired Disposed Code: D
- shares Owned Following Transaction: 19970
- direct Or Indirect Ownership: D
Common Stock
- Owner
- Subramanian Sundar
- Date
- 2026-10-01
- Code
- M
- Action
- Exercise or conversion
- Quantity
- 2222
- Price
- 0
- Following holdings
- 22,192
- Reporting delay
- 4 days
- Filed terms and references
Filed terms
- security Title: Common Stock
- transaction Date: 2026-10-01
- transaction Form Type: 4
- transaction Code: M
- equity Swap Involved: 0
- transaction Shares: 2222
- transaction Price Per Share: 0
- id: F1
- transaction Acquired Disposed Code: A
- shares Owned Following Transaction: 22192
- direct Or Indirect Ownership: D
Common Stock
- Owner
- Subramanian Sundar
- Date
- 2026-10-01
- Code
- F
- Action
- Tax/exercise withholding
- Quantity
- 986
- Price
- 38.99
- Following holdings
- 21,206
- Reporting delay
- 4 days
- Filed terms and references
Filed terms
- security Title: Common Stock
- transaction Date: 2026-10-01
- transaction Form Type: 4
- transaction Code: F
- equity Swap Involved: 0
- transaction Shares: 986
- id: F4
- transaction Price Per Share: 38.99
- transaction Acquired Disposed Code: D
- shares Owned Following Transaction: 21206
- direct Or Indirect Ownership: D
Restricted Stock Units (derivative)
- Owner
- Subramanian Sundar
- Date
- 2026-10-01
- Code
- M
- Action
- Exercise or conversion
- Quantity
- 1168
- Price
- 0
- Following holdings
- 1,168
- Reporting delay
- 4 days
- Filed terms and references
Filed terms
- security Title: Restricted Stock Units
- id: F1
- transaction Date: 2026-10-01
- transaction Form Type: 4
- transaction Code: M
- equity Swap Involved: 0
- transaction Shares: 1168
- transaction Price Per Share: 0
- transaction Acquired Disposed Code: D
- id: F5
- id: F5
- underlying Security Title: Common Stock
- underlying Security Shares: 1168
- shares Owned Following Transaction: 1168
- direct Or Indirect Ownership: D
Restricted Stock Units (derivative)
- Owner
- Subramanian Sundar
- Date
- 2026-10-01
- Code
- M
- Action
- Exercise or conversion
- Quantity
- 1709
- Price
- 0
- Following holdings
- 5,128
- Reporting delay
- 4 days
- Filed terms and references
Filed terms
- security Title: Restricted Stock Units
- id: F1
- transaction Date: 2026-10-01
- transaction Form Type: 4
- transaction Code: M
- equity Swap Involved: 0
- transaction Shares: 1709
- transaction Price Per Share: 0
- transaction Acquired Disposed Code: D
- id: F6
- id: F6
- underlying Security Title: Common Stock
- underlying Security Shares: 1709
- shares Owned Following Transaction: 5128
- direct Or Indirect Ownership: D
Restricted Stock Units (derivative)
- Owner
- Subramanian Sundar
- Date
- 2026-10-01
- Code
- M
- Action
- Exercise or conversion
- Quantity
- 2222
- Price
- 0
- Following holdings
- 11,112
- Reporting delay
- 4 days
- Filed terms and references
Filed terms
- security Title: Restricted Stock Units
- id: F1
- transaction Date: 2026-10-01
- transaction Form Type: 4
- transaction Code: M
- equity Swap Involved: 0
- transaction Shares: 2222
- transaction Price Per Share: 0
- transaction Acquired Disposed Code: D
- id: F7
- id: F7
- underlying Security Title: Common Stock
- underlying Security Shares: 2222
- shares Owned Following Transaction: 11112
- direct Or Indirect Ownership: D
Purchases, sales, grants and option exercises are different transactions. The reported code identifies the action; it does not establish a motive.
Filing context
- Quantities and prices are shown in the units filed. No trade value is inferred from their product.
- Subramanian Sundar: EVP/GM Infrastructure Mgmt.
- F1: Restricted stock units convert into common stock on a one-for-one basis.
- F2: Represents shares of common stock withheld by Progress Software Corporation (the "Company") to pay the tax withholding obligations of the Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on January 18, 2024.
- F3: Represents shares of common stock withheld by the Company to pay the tax withholding obligations of the Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on January 23, 2025.
- F4: Represents shares of common stock withheld by the Company to pay the tax withholding obligations of the Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on January 22, 2026.
- F5: On January 18, 2024, the Reporting Person was granted 7,004 restricted stock units pursuant to the Company's 2008 Stock Option and Incentive Plan (as amended and restated, the "Plan"). The restricted stock units vest in six equal semiannual installments beginning October 1, 2024, subject to the continued employment of the Reporting Person with the Company.
- F6: On January 23, 2025, the Reporting Person was granted 10,255 restricted stock units pursuant to the Plan. The restricted stock units vest in six equal semiannual installments beginning October 1, 2025, subject to the continued employment of the Reporting Person with the Company.
- F7: On January 22, 2026, the Reporting Person was granted 13,334 restricted stock units pursuant to the Plan. The restricted stock units vest in six equal semiannual installments beginning October 1, 2026, subject to the continued employment of the Reporting Person with the Company.
Original sources
Prepared automatically from public filing data. Report a correction.