Progress Software EVP Sells 23,194 Shares as Stock Falls 40% Year Over Year

What: Progress Software EVP sold **23,194** shares of company stock.
Why: The sale occurred as the stock price fell **40%** year-over-year.
Signal: The insider sale may be seen as a negative signal for investors.
Target: The company's focus on automation and secure connectivity may be impacted by the declining stock price.
Risk: The sale increases the risk of a further decline in the company's stock price.