Loren Jarrett compensation by year
Progress Software Summary Compensation Table · all 7 fiscal years held| Component | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|
| Salary | $343,462 | $353,077 | $367,115 | $389,231 | $423,250 | $441,346 | $449,519 |
| Bonus | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock awards | $574,735 | $600,957 | $650,220 | $826,054 | $991,659 | $1,111,199 | $1,447,758 |
| Option awards | $140,040 | $140,010 | $160,007 | $200,007 | $240,013 | $270,010 | $370,003 |
| Non-equity incentive | $181,125 | $166,850 | $277,500 | $218,400 | $227,375 | $269,875 | $292,500 |
| Pension and deferred compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| All other | $8,897 | $40,940 | $53,290 | $56,492 | $101,755 | $98,661 | $140,303 |
| Total | $1,248,259 | $1,301,834 | $1,508,132 | $1,690,184 | $1,984,052 | $2,191,091 | $2,700,084 |
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.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| PSU | 17,092 | $707,780 | — |
| PSU | 11,673 | $483,379 | — |
| PSU | 11,671 | $483,296 | — |
| RSU | 8,546 | $353,890 | — |
| RSU | 3,503 | $145,059 | — |
| RSU | 1,168 | $48,367 | — |
| Option | 17,298 | — | $42.61 |
| Option | 20,349 | — | $54.12 |
| Option | 10,769 | — | $57.83 |
| Option | 6,246 | — | $51.41 |
| Option | 2,330 | — | $44.49 |
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
11 Form 4 lines since the FY2025 proxy (filed March 25, 2026)current to 2026-09-24 · updated nightly
| Date | Transaction | Plan | Shares | Price | Held after |
|---|---|---|---|---|---|
| 2026-07-29 | Sale | 10b5-1 | 9,963 | $41.63 | 12,053 |
| 2026-07-29 | Sale | 10b5-1 | 1,784 | $41.49 | 10,269 |
| 2026-04-01 | Exercise or conversion | — | 1,167 | $0.00 | 21,526 |
| 2026-04-01 | Tax withholding | — | 495 | $24.96 | 21,031 |
| 2026-04-01 | Tax withholding | — | 724 | $24.96 | 22,016 |
| 2026-04-01 | Exercise or conversion derivative | — | 1,168 | $0.00 | 0 |
| 2026-04-01 | Exercise or conversion derivative | — | 1,167 | $0.00 | 2,336 |
| 2026-04-01 | Exercise or conversion derivative | — | 1,709 | $0.00 | 6,837 |
The 8 most recent of 11 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| Trigger | Cash severance | Accelerated equity | Benefits continuation | Total as disclosed |
|---|---|---|---|---|
| Involuntary termination without cause | $765,000 | $286,599 | $40,415 | $1,407,014 |
| Change in control and involuntary termination | $1,147,500 | $547,316 | $60,622 | $2,070,438 |
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 officer | Role | FY2025 total |
|---|---|---|
| Yogesh Gupta | President and Chief Executive Officer | $10,534,808 |
| Anthony Folger | Executive Vice President, Chief Financial Officer | $4,200,010 |
| Loren Jarrett · this page | Executive Vice President and General Manager, Digital Experience | $2,700,084 |
| John Ainsworth | Executive Vice President and General Manager, Application and Data Platform | $2,699,071 |
| Sundar Subramanian | Executive Vice President and General Manager, Infrastructure Management | $2,688,107 |
The full Progress Software compensation record
free company briefThis 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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