Insider Cluster (2 insiders) ·Filed Oct 22, 2026
Insider cluster: 2 insiders, $159K total
Actionable Insight • Neutral
The dollar amount is too small to signal material non-public information. Monitor next quarterly filing for any fundamental changes, but this cluster alone does not warrant action.
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Executive Summary
Two PRGS insiders, including CFO Anthony Folger, sold a combined $159K in open-market sales over a 7-day window. The total value is ~0.05% of the company's market cap, well below the 0.1% materiality threshold, making this a routine liquidity-driven event with no actionable signal.
Key Financial Metrics
Direction
selling
Total Value
$159.0K
Insiders
2
Key Facts
- CFO Anthony Folger sold 3,067 shares total ($123,776) on October 16, 2026
- EVP/GM Digital Experience Loren Jarrett sold 2,100 shares ($91,000) on October 21, 2026
- Total insider sales of $159K represent approximately 0.05% of market cap
- No insider purchases were reported in the cluster window
Financial Impact
Total insider sales of $159K, immaterial relative to company size
Risk Factors
- Insider sales below 0.1% of market cap are typically routine and not predictive
- No 10b5-1 plan disclosure, but the small size suggests liquidity-driven selling
Investment Themes
Software & IT
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-PRGS-1792737949660 |
13 reports for PRGS
100% Hit rate @ T+5 Went positive at some point 3 of 3 best @ T+20▲ +9.07%
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 4d ago | Insider Cluster | $46.35 | awaiting T+5 | — | $46.23 (−0.26%) |
Sep 30, 2026 25d ago | 8-K | $36.58 $38.28 | ▲ +4.65% | ▲ +3.35% | $46.23 (+26.38%) |
Sep 30, 2026 25d ago | Press Release | $36.58 $38.28 | ▲ +4.65% | ▲ +3.35% | $46.23 (+26.38%) |
Sep 29, 2026 27d ago | Press Release | $39.44 $37.20 | ▼ −5.68% | ▼ −7.63% | $46.23 (+17.22%) |
Sep 22, 2026 4w ago | 8-K | $41.03 $39.97 | ▼ −2.58% | ▼ −1.91% | $46.23 (+12.67%) |
Sep 22, 2026 4w ago | Press Release | $41.03 $39.97 | ▼ −2.58% | ▼ −1.91% | $46.23 (+12.67%) |
Jun 30, 2026 16w ago | 8-K | $39.16 $39.21 | ▲ +0.13% | ▼ −0.13% | $46.23 (+18.05%) |
Jun 30, 2026 16w ago | Press Release | $39.16 $39.21 | ▲ +0.13% | ▼ −0.13% | $46.23 (+18.05%) |
Jun 11, 2026 19w ago | Institutional Cluster | $31.59 $30.08 | ▲ +4.78% | ▲ +5.21% | $46.23 (−46.34%) |
May 20, 2026 22w ago | Insider Cluster | $28.92 $32.83 | ▲ +13.52% | ▲ +11.67% | $46.23 (+59.85%) |
Showing 10 of 13
US Market Status
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