JARRETT LOREN (Chief Marketing Officer) exercised options at PROGRESS SOFTWARE CORP /MA

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 3 exercises

JARRETT LOREN

Filed: 10/3/2025ACC: 0000876167-25-000162

InsiderJARRETT LORENCIK 1750308

→

IssuerPROGRESS SOFTWARE CORP /MACIK 876167

Officer· Chief Marketing Officer

Since Aug 2018

-1.96K

Net shares

Net seller

$86.5K

Total sold

Open market trades

0B · 0S

Total transactions

4.04K acquired · 6K disposed

Non-Derivative Transactions6

Common Stock

Direct

M · Option Exercise

+1.17K

Price / share

—

Trade value

—

% of position

9.9%

10/1/2025

11.75K→12.91K

Common Stock

Direct

F · Tax Withholding

−565.00

Price / share

$44.21

Trade value

$24.98K

% of position

4.4%

10/1/2025

12.91K→12.35K

Common Stock

Direct

M · Option Exercise

+1.17K

Price / share

—

Trade value

—

% of position

9.5%

10/1/2025

12.35K→13.52K

Common Stock

Direct

F · Tax Withholding

−565.00

Price / share

$44.21

Trade value

$24.98K

% of position

4.2%

10/1/2025

13.52K→12.95K

Common Stock

Direct

M · Option Exercise

+1.71K

Price / share

—

Trade value

—

% of position

13.2%

10/1/2025

12.95K→14.66K

Common Stock

Direct

F · Tax Withholding

−827.00

Price / share

$44.21

Trade value

$36.56K

% of position

5.6%

10/1/2025

14.66K→13.83K

Total

Net shares

+2.09K

Net value

-$86.52K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	10/1/2025	M · Option Exercise	+1.17K	—	—	9.9%	11.75K	12.91K
Common Stock Direct	10/1/2025	F · Tax Withholding	−565.00	$44.21	$24.98K	4.4%	12.91K	12.35K
Common Stock Direct	10/1/2025	M · Option Exercise	+1.17K	—	—	9.5%	12.35K	13.52K
Common Stock Direct	10/1/2025	F · Tax Withholding	−565.00	$44.21	$24.98K	4.2%	13.52K	12.95K
Common Stock Direct	10/1/2025	M · Option Exercise	+1.71K	—	—	13.2%	12.95K	14.66K
Common Stock Direct	10/1/2025	F · Tax Withholding	−827.00	$44.21	$36.56K	5.6%	14.66K	13.83K
Total			+2.09K		-$86.52K

Derivative Transactions3

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

1.17K shares

−1.17K

Strike price

Held after

1.17K

Exercisable

—

10/1/2025

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

1.17K shares

−1.17K

Strike price

Held after

3.50K

Exercisable

—

10/1/2025

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

1.71K shares

−1.71K

Strike price

Held after

8.55K

Exercisable

—

10/1/2025

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Units Direct	Common Stock1.17K shares	10/1/2025	M · Option Exercise	−1.17K	—	1.17K
Restricted Stock Units Direct	Common Stock1.17K shares	10/1/2025	M · Option Exercise	−1.17K	—	3.50K
Restricted Stock Units Direct	Common Stock1.71K shares	10/1/2025	M · Option Exercise	−1.71K	—	8.55K