Executive Vice President, Chief Financial Officer · Progress Software Corp (PRGS)

Anthony Folger

A named executive officer of Progress Software in every fiscal year CompBrief holds from FY2020 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

Total disclosed compensation, FY2025

$4,200,010

FY2024: $3,843,930

Compensation figures as of the proxy filed March 25, 2026 (DEF 14A). Insider transactions since that proxy, current to 2026-09-24.

Anthony Folger compensation by year

Progress Software Summary Compensation Table · all 6 fiscal years held
In US dollars, as Progress Software reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2020FY2021FY2022FY2023FY2024FY2025
Salary$316,923$400,000$414,423$438,750$456,923$459,615
Bonus$0—$0$0$0$0
Stock awards$1,314,556$1,381,718$1,652,016$2,148,576$2,345,734$2,582,482
Option awards$320,002$340,002$400,004$520,014$570,012$660,010
Non-equity incentive$203,667$390,000$302,120$306,020$363,220$418,600
Pension and deferred compensation$0—$0$0$0$0
All other$9,722$18,149$23,055$126,020$108,041$79,302
Total$2,164,870$2,529,869$2,791,618$3,539,380$3,843,930$4,200,010

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Progress Software Corp DEF 14A filed March 25, 2026, accession 0001552781-26-000161, and prior-year filings. Open the filing on EDGAR.

$2.2M
$2.5M
$2.8M
$3.5M
$3.8M
$4.2M
FY20
FY21
FY22
FY23
FY24
FY25
SalaryNon-equity incentiveStock awardsOption awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
PSU30,488$1,262,508—
PSU25,287$1,047,135—
PSU24,642$1,020,425—
RSU15,245$631,295—
RSU7,393$306,144—
RSU2,529$104,726—
Option22,894—$31.49
Option36,757—$42.61
Option4,659—$44.49
Option13,532—$51.41
Option36,298—$54.12
Option22,735—$57.83

Per the Outstanding Equity Awards at Fiscal Year-End table in Progress Software Corp's FY2025 proxy; value at the fiscal year-end close, as the company printed it.

Insider transactions since the last proxy

12 Form 4 lines since the FY2025 proxy (filed March 25, 2026)
current to 2026-09-24 · updated nightly
DateTransactionPlanSharesPriceHeld after
2026-08-14Sale10b5-12,000$44.8047,381
2026-05-19Sale10b5-14,074$29.0549,202
2026-05-19Sale10b5-1400$29.9648,802
2026-04-01Exercise or conversion—2,529$0.0051,331
2026-04-01Tax withholding—1,122$24.9650,209
2026-04-01Exercise or conversion—2,464$0.0052,673
2026-04-01Tax withholding—1,093$24.9651,580
2026-04-01Exercise or conversion—3,049$0.0054,629

The 8 most recent of 12 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →

Change-in-control & termination

estimated payments Progress Software discloses, by trigger · FY2025
TriggerCash severanceAccelerated equityBenefits continuationTotal as disclosed
Involuntary termination without cause$782,000$561,313$40,617$1,705,930
Change in control and involuntary termination$1,173,000$1,042,165$60,926$2,598,091

Per the Potential Payments Upon Termination or Change in Control table in Progress Software Corp's FY2025 proxy. Estimates as the company printed them; a dash means it printed no figure.

Progress Software’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
Yogesh GuptaPresident and Chief Executive Officer$10,534,808
Anthony Folger · this pageExecutive Vice President, Chief Financial Officer$4,200,010
Loren JarrettExecutive Vice President and General Manager, Digital Experience$2,700,084
John AinsworthExecutive Vice President and General Manager, Application and Data Platform$2,699,071
Sundar SubramanianExecutive Vice President and General Manager, Infrastructure Management$2,688,107

The full Progress Software compensation record

free company brief

This page is one person within Progress Software's record. The company brief lists every named executive, each linking to their own page.

Compensation, the day it’s disclosed

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How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Progress Software's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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