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Progress Software(PRGS.US) Director Sells US$1.02 Million in Common Stock

moomoo News ·  Apr 15 17:33

$Progress Software (PRGS.US)$ Director KRALL DAVID sold 20,000 shares of common stock on Apr 11, 2024 at an average price of $51 for a total value of $1.02 million.

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What is statement of changes in beneficial ownership of securities?

It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.

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