SUBRAMANIAN SUNDAR (EVP/GM DevSecOps) exercised options at PROGRESS SOFTWARE CORP /MA
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 2/3/2026ACC: 0000876167-26-000039
Officer· EVP/GM DevSecOps
Since Dec 2021
-4.50K
Net shares
Net seller
$182.7K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
10.15K acquired · 14.66K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+10.15K
Price / share
—
Trade value
—
% of position
34.9%
2/1/2026
29.07K→39.22K
Common Stock
Direct
Shares
−4.50K
Price / share
$40.57
Trade value
$182.73K
% of position
11.5%
2/1/2026
39.22K→34.72K
Total
Net shares
+5.65K
Net value
-$182.73K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 2/1/2026 | M · Option Exercise | +10.15K | — | — | 34.9% | 29.07K | 39.22K |
| Common Stock Direct | 2/1/2026 | F · Tax Withholding | −4.50K | $40.57 | $182.73K | 11.5% | 39.22K | 34.72K |
| Total | +5.65K | -$182.73K | ||||||
Derivative Transactions1
Restricted Stock Units
Direct
Converts to
Common Stock
10.15K shares
Shares
−10.15K
Strike price
Held after
0.00
Exercisable
—
2/1/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units Direct | Common Stock10.15K shares | 2/1/2026 | M · Option Exercise | −10.15K | — | 0.00 |