Ainsworth John 4

What Happened

• John Ainsworth, EVP & GM of Application & Data Platform at Progress Software (PRGS), received two equity awards on 2026-01-22: 31,510 restricted stock units (RSUs) and 13,334 stock options. Both are reported as derivative grants with an acquisition price of $0 on the Form 4 filed 2026-01-26.
• The RSUs represent contingent rights to receive common shares (one RSU = one share) upon vesting. The options are stock-option grants; neither immediate cash nor share transfers occurred.

Key Details

• Transaction date: January 22, 2026; Form 4 filed: January 26, 2026 (filed within the typical two-business-day window).
• RSUs (31,510): Vest in six equal semiannual installments beginning October 1, 2026, subject to continued employment (per filing).
• Stock options (13,334): Vest in eight equal semiannual installments beginning October 1, 2026, subject to continued employment (per filing).
• Reported acquisition price: $0 (typical for RSU grants; option strike price not specified in the provided excerpt).
• Shares owned after transaction: Not specified in the provided filing excerpts.
• No 10b5-1 plan, tax-withholding, or late-filing flags indicated in the supplied information.

Context

• RSU grants are deferred-equity awards that convert to shares if vesting conditions are met; they do not represent immediate purchases or sales. Stock options give the right to buy shares later, subject to vesting and any exercise price.
• Grants like these are common components of executive compensation and reflect future potential ownership if vesting conditions are satisfied.