Progress Software EVP Sells 23,194 Shares as Stock Falls 40% Year Over Year

Progress Software EVP Sells 23,194 Shares as Stock Falls 40% Year Over Year

Key PointsAn executive at Progress Software reported selling 23,194 shares of the company for $874K, based on a weighted average price of $37.69 per share on March 10–11, 2026.The transaction represented roughly 60% of Sundar's direct common stock holdings, reducing direct ownership to 15,542 shares post-sale; however, the executive retained more ownership through stock options.All shares sold were held directly; the activity involved exercising…