Philip M. Pead, Director at PROGRESS SOFTWARE CORP /MA (PRGS), bought 28,000 shares at $18.34 ($516K) on 2012-01-11, disclosed to the SEC on 2012-01-13.
Open-market purchase of $516k PRGS by Director. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history).
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $18.33 | 1,000 | $18K | 3.6% |
| 2 | $18.34 | 2,100 | $39K | 7.5% |
| 3 | $18.35 | 2,100 | $39K | 7.5% |
| 4 | $18.36 | 2,200 | $40K | 7.8% |
| 5 | $18.37 | 500 | $9K | 1.8% |
| 6 | $18.38 | 14 |
| $257 |
| 0.0% |
| 7 | $18.40 | 686 | $13K | 2.4% |
| 8 | $18.41 | 500 | $9K | 1.8% |
| 9 | $18.42 | 2,300 | $42K | 8.2% |
| 10 | $18.43 | 2,787 | $51K | 10.0% |
| 11 | $18.44 | 2,200 | $41K | 7.9% |
| 12 | $18.45 | 2,213 | $41K | 7.9% |
| 13 | $18.46 | 2,300 | $42K | 8.2% |
| 14 | $18.46 | 200 | $4K | 0.7% |
| 15 | $18.47 | 1,800 | $33K | 6.4% |
| 16 | $18.48 | 2,100 | $39K | 7.5% |
| 17 | $18.49 | 1,200 | $22K | 4.3% |
| 18 | $18.50 | 1,700 | $31K | 6.1% |
| 19 | $18.51 | 100 | $2K | 0.4% |
| Total | $18.42 avg | 28,000 | $516K | 100% |
| Filing → |
| ECLP | BUY | 2009-06-02 | $996K | — | Filing → |
| PSTI | SELL | 2006-05-03 | $279K | — | Filing → |
| PSTI | SELL | 2006-04-19 | $270K | — | Filing → |