Gary G. Conway, EVP, Chief Marketing Officer at PROGRESS SOFTWARE CORP /MA (PRGS), sold 26,911 shares at $30.82 ($829K) on 2011-02-15, disclosed to the SEC on 2011-02-17.
Open-market sale of $829k PRGS by EVP, Chief Marketing Officer. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $30.82 | 1,800 | $55K | 6.7% |
| 2 | $30.82 | 4,802 | $148K | 17.8% |
| 3 | $30.82 | 4,862 | $150K | 18.1% |
| 4 | $30.82 | 4,945 | $152K | 18.4% |
| 5 | $30.82 | 10,502 | $324K | 39.0% |
| Total | $30.82 avg | 26,911 |
| $829K |
| 100% |