Planned 898-share Rule 144 sale in PRGS (NASDAQ: PRGS) disclosed
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
A holder of PRGS common stock filed a Rule 144 notice to sell up to 898 shares through Morgan Stanley Smith Barney LLC on or about 02/04/2026, with trading on the NASDAQ. These shares were acquired from the issuer on 02/01/2026 via performance stock units. Shares outstanding for the issuer were 42,113,648; this is a baseline figure, not the amount being sold. The form includes the standard representation that the seller does not know any undisclosed material adverse information about the issuer.
Positive
- None.
Negative
- None.
FAQ
What does the Form 144 filing for PRGS disclose?
The Form 144 filing for PRGS discloses a planned sale of 898 common shares under Rule 144. The shares were acquired from the issuer via performance stock units on 02/01/2026 and are planned to be sold on or about 02/04/2026.
What representations does the seller make in the PRGS Form 144 notice?
By signing the notice, the seller represents that they do not know any material adverse information about PRGS’s current or prospective operations that has not been publicly disclosed. The form also warns that intentional misstatements or omissions constitute federal criminal violations.