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 · 3 exercises

SUBRAMANIAN SUNDAR

Filed: 4/3/2026ACC: 0000876167-26-000061

InsiderSUBRAMANIAN SUNDARCIK 1897760

→

IssuerPROGRESS SOFTWARE CORP /MACIK 876167

Officer· EVP/GM DevSecOps

Since Dec 2021

-1.79K

Net shares

Net seller

$44.8K

Total sold

Open market trades

0B · 0S

Total transactions

4.04K acquired · 5.84K disposed

Non-Derivative Transactions6

Common Stock

Direct

M · Option Exercise

+1.17K

Price / share

—

Trade value

—

% of position

7.5%

4/1/2026

15.54K→16.71K

Common Stock

Direct

F · Tax Withholding

−519.00

Price / share

$24.96

Trade value

$12.95K

% of position

3.1%

4/1/2026

16.71K→16.19K

Common Stock

Direct

M · Option Exercise

+1.17K

Price / share

—

Trade value

—

% of position

7.2%

4/1/2026

16.19K→17.36K

Common Stock

Direct

F · Tax Withholding

−518.00

Price / share

$24.96

Trade value

$12.93K

% of position

3.0%

4/1/2026

17.36K→16.84K

Common Stock

Direct

M · Option Exercise

+1.71K

Price / share

—

Trade value

—

% of position

10.1%

4/1/2026

16.84K→18.55K

Common Stock

Direct

F · Tax Withholding

−758.00

Price / share

$24.96

Trade value

$18.92K

% of position

4.1%

4/1/2026

18.55K→17.79K

Total

Net shares

+2.25K

Net value

-$44.80K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	4/1/2026	M · Option Exercise	+1.17K	—	—	7.5%	15.54K	16.71K
Common Stock Direct	4/1/2026	F · Tax Withholding	−519.00	$24.96	$12.95K	3.1%	16.71K	16.19K
Common Stock Direct	4/1/2026	M · Option Exercise	+1.17K	—	—	7.2%	16.19K	17.36K
Common Stock Direct	4/1/2026	F · Tax Withholding	−518.00	$24.96	$12.93K	3.0%	17.36K	16.84K
Common Stock Direct	4/1/2026	M · Option Exercise	+1.71K	—	—	10.1%	16.84K	18.55K
Common Stock Direct	4/1/2026	F · Tax Withholding	−758.00	$24.96	$18.92K	4.1%	18.55K	17.79K
Total			+2.25K		-$44.80K

Derivative Transactions3

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

1.17K shares

−1.17K

Strike price

Held after

0.00

Exercisable

—

4/1/2026

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

1.17K shares

−1.17K

Strike price

Held after

2.34K

Exercisable

—

4/1/2026

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

1.71K shares

−1.71K

Strike price

Held after

6.84K

Exercisable

—

4/1/2026

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Units Direct	Common Stock1.17K shares	4/1/2026	M · Option Exercise	−1.17K	—	0.00
Restricted Stock Units Direct	Common Stock1.17K shares	4/1/2026	M · Option Exercise	−1.17K	—	2.34K
Restricted Stock Units Direct	Common Stock1.71K shares	4/1/2026	M · Option Exercise	−1.71K	—	6.84K