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Midas Edge

PROGRESS SOFTWARE CORP MA

For the period ended Nov 30, 2023. Filed Jan 26, 2024.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Jan 26, 2024

PRGS$44.41+2.1%Stored close · as of Nov 9, 2026

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Contents

Item 9B. Other Information

(b) Insider Adoption or Termination of Trading Arrangements

During the fourth quarter of fiscal year 2023, none of our directors or officers informed us of theadoption ortermination of a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as those terms are defined in Regulation S-K, Item 408, except as described in the table below:

Name and TitleCharacter of Trading Arrangement1Date AdoptedDuration2Aggregate Number of Shares of Common Stock to be Sold Pursuant to Trading Arrangement
Anthony Folger,EVP & Chief Financial OfficerRule 10b5-1Trading ArrangementOctober 17, 2023June 10, 2024Up to 18,7673

  1. Except as indicated by footnote, each trading arrangement marked as a "Rule 10b5-1 Trading Arrangement" is intended to satisfy the affirmative defense of Rule 10b5-1(c), as amended (the "Rule").

  2. Except as indicated by footnote, each trading arrangement permits transactions through and including the earlier to occur of (a) the completion of all sales or (b) the date listed in the table. Each trading arrangement marked as a “Rule 10b5-1 Trading Arrangement” only permits transactions upon expiration of the applicable mandatory cooling-off period under the Rule.

  3. Includes: (i) 3,767 shares of our common stock; (ii) up to 7,500 shares of common stock, net of shares withheld to cover tax withholding obligations, to be issued upon the anticipated vesting of Performance Stock Units; and 7,500 employee stock options expected to be exercised via same-day sale.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.