PRGS PROGRESS SOFTWARE CORP /MA

NEUTRAL Impact: 3/10 DEFA14A
Horizon weeks Filed Mar 25, 2026 Processed 2mo ago SEC 0001552781-26-000162
Proxy solicitation materials
Latest settled — T+20d
PRGS ▼ -6.65% at T+20d
NEUTRAL call ✗ call lost -6.65% · α vs SPY -17.32% · entry $29.17 → $27.23
Next anchor: T+60d in 12d
Currently $31.42 · +7.71% from $29.17 entry
Entry anchored
Mar 25, 03:59 PM ET
via Databento tick
T+1d
-5.14%
call -5.14% · α -3.46%
$27.67
settled 3mo ago
T+5d
-11.69%
call -11.69% · α -13.32%
$25.76
settled 2mo ago
T+20d
-6.65%
call -6.65% · α -17.32%
$27.23
settled 7w ago
T+60d
call — · α —
in 12d

Price Chart

Loading chart...

Executive Summary

Proxy statement for Progress Software Corporation's 2026 Annual Meeting, filed by the registrant. Proposals include electing nine directors, approving increases to stock option and employee stock purchase plans, and ratifying the selection of Deloitte & Touche LLP as auditors. Recent insider activity shows two sells totaling $677K in the last 30 days.

Actionable Insight

Monitor voting results for the stock plan increases which could lead to share dilution. Watch for any changes in insider trading patterns following the meeting.

Key Facts

  • Annual meeting scheduled for May 7, 2026
  • Nine director nominees proposed for election
  • Proposal to increase shares authorized under 2008 Stock Option and Incentive Plan
  • Proposal to increase shares authorized under 1991 Employee Stock Purchase Plan
  • Proposal to ratify Deloitte & Touche LLP as independent auditors
  • Recent insider activity: 2 sells totaling $677K in the last 30 days

Financial Impact

Potential dilution from increased shares in stock plans, but no specific financial figures provided

dilutionequity

Risk Factors

  • Potential share dilution from increased authorization in stock plans
  • Insider selling activity could indicate lack of confidence

Market Snapshot

Exchange
Nasdaq

Documents Analyzed

This report is based on 4 SEC documents filed with EDGAR.

DocumentAccession Number
DEFA14A Filing (Primary)0001552781-26-000162
Document: 0001552781-26-000162-index-headers.html0001552781-26-000162
Document: 0001552781-26-000162-index.html0001552781-26-000162
Document: 0001552781-26-000162.txt0001552781-26-000162
4 reports for PRGS
Performance horizon
Filters
Rows
Reports for PRGS — sortable, filterable
Type Now
May 20, 2026
20d ago
Insider Cluster
NEUTRAL ★ 2/10
$28.92 $32.83▲ +13.52%▲ +11.67%$31.42 (+8.64%)
Mar 30, 2026
10w ago
Press Release
NEUTRAL ★ 3/10
$25.65 $28.75▲ +12.09%▲ +8.14%$31.42 (+22.50%)
Mar 25, 2026
10w ago
DEFA14A
NEUTRAL ★ 3/10
$29.17 $25.76▼ −11.69%▼ −13.32%$31.42 (+7.71%)
Mar 16, 2026
12w ago
Press Release
NEUTRAL ★ 3/10
$33.61 $31.28▼ −6.93%▼ −4.89%$31.42 (−6.52%)
Showing 4 of 4

US Market Status

Market Closed — Opens Thu (10h 33m)

Subscribe to SecBot

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access