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SEC EDGAROCT 221 min read$PRGS

Jarrett Loren sold $91K of PRGS

Jarrett Loren (EVP/GM Digital Experience) sold 2,086 shares of PROGRESS SOFTWARE CORP /MA (PRGS) at $43.47 on 2026-10-21 under a Rule 10b5-1 trading plan.

Original reporting
SEC EDGAR · Jarrett Loren
Published Oct 22, 2026, 8:06 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Oct 22, 2026, 8:07 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
About AlphAI AI DeskScoring methodologyReport an issue
AlphAI market briefInsider activity
Primary signal
$PRGS
Bearish
high confidence
Mentioned
$PRGS
Relevance
2/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$PRGSBearishLow
01

Why it matters

The disclosed sale reduces insider ownership modestly; investors may view it as a neutral signal.

02

Market read

A routine insider sale with limited market impact.

03

What to watch

Potential upcoming corporate actions or earnings that prompted the 10b5‑1 plan.

Relevance 2/10Novelty 2/10Timing: post‑market filing on 2026‑10‑22

Background

Form 4 filing discloses insider transactions required by SEC regulations.

Company-level read

Ticker impact

$PRGSBearishHigh confidence
Context

Insider EVP/GM sold 2,086 shares for $90.7K via 10b5-1 plan, reducing holdings to 10,815 shares.

Expected impact

likely modest downward pressure as market prices in the insider sale

Evidence & confidence

The sale is small relative to float and disclosed via a pre‑arranged plan, but any insider sell can trigger short‑term selling.

Market effects

Sector

Minimal impact on software sector; typical insider sale.

Regional

None

Global

None

Counterpoint

What could challenge this read

The sale may be routine and not indicative of future weakness; price could remain stable.

Key entities

  • Officer
    Jarrett Loren

    EVP/GM Digital Experience at Progress Software Corp.

Read at source← All news

Full insider trading history

This story covers one filing. See everything behind it: every insider buy and sell on record, 10b5-1 plans, late filings, and which officers and directors are trading.

PRGS insider trading history →

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