SUBRAMANIAN SUNDAR (EVP/GM DevSecOps) sold 59.9% of their position (23.19K shares) of PROGRESS SOFTWARE CORP /MA on the open market

Open‑market sale worth $874.3K — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 3 sales

SUBRAMANIAN SUNDAR

Filed: 3/12/2026ACC: 0000876167-26-000042

InsiderSUBRAMANIAN SUNDARCIK 1897760

→

IssuerPROGRESS SOFTWARE CORP /MACIK 876167

Officer· EVP/GM DevSecOps

Since Dec 2021

-23.19K

Net shares

Net seller

$874.3K

Total sold

Open market trades

0B · 3S

Total transactions

4.02K acquired · 27.21K disposed

Non-Derivative Transactions5

Common Stock

Direct

M · Option Exercise

+2.42K

Price / share

$38.06

Trade value

$92.11K

% of position

7.0%

3/10/2026

34.72K→37.14K

Common Stock

Direct

S · Sale

−16.43K

Price / share

$37.48

Trade value

$615.68K

% of position

44.2%

3/10/2026

37.14K→20.71K

Common Stock

Direct

S · Sale

−5.17K

Price / share

$38.19

Trade value

$197.33K

% of position

25.0%

3/10/2026

20.71K→15.54K

Common Stock

Direct

M · Option Exercise

+1.60K

Price / share

$38.06

Trade value

$60.90K

% of position

10.3%

3/11/2026

15.54K→17.14K

Common Stock

Direct

S · Sale

−1.60K

Price / share

$38.28

Trade value

$61.25K

% of position

9.3%

3/11/2026

17.14K→15.54K

Total

Net shares

−19.17K

Net value

-$721.26K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	3/10/2026	M · Option Exercise	+2.42K	$38.06	$92.11K	7.0%	34.72K	37.14K
Common Stock Direct	3/10/2026	S · Sale	−16.43K	$37.48	$615.68K	44.2%	37.14K	20.71K
Common Stock Direct	3/10/2026	S · Sale	−5.17K	$38.19	$197.33K	25.0%	20.71K	15.54K
Common Stock Direct	3/11/2026	M · Option Exercise	+1.60K	$38.06	$60.90K	10.3%	15.54K	17.14K
Common Stock Direct	3/11/2026	S · Sale	−1.60K	$38.28	$61.25K	9.3%	17.14K	15.54K
Total			−19.17K		-$721.26K

Derivative Transactions2

Employee Stock Options (Right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

2.42K shares

−2.42K

Strike price

38.06

Held after

12.20K

Exercisable

—

3/10/2026

Employee Stock Options (Right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

1.60K shares

−1.60K

Strike price

38.06

Held after

10.60K

Exercisable

—

3/11/2026

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Employee Stock Options (Right to buy) Direct	Common Stock2.42K shares	3/10/2026	M · Option Exercise	−2.42K	38.06	—	12.20K
Employee Stock Options (Right to buy) Direct	Common Stock1.60K shares	3/11/2026	M · Option Exercise	−1.60K	38.06	—	10.60K