The estimated Net Worth of John R Egan is at least $13.1 Million dollars as of 25 August 2023. Mr. Egan owns over 7,000 units of Progress Software stock worth over $5,250,280 and over the last 21 years he sold PRGS stock worth over $7,572,715. In addition, he makes $317,808 as Independent Non-Executive Chairman of the Board at Progress Software.
John has made over 17 trades of the Progress Software stock since 2010, according to the Form 4 filled with the SEC. Most recently he exercised 7,000 units of PRGS stock worth $400,610 on 25 August 2023.
The largest trade he's ever made was exercising 72,632 units of Progress Software stock on 1 October 2018 worth over $1,535,440. On average, John trades about 3,914 units every 57 days since 2003. As of 25 August 2023 he still owns at least 91,740 units of Progress Software stock.
You can see the complete history of Mr. Egan stock trades at the bottom of the page.
John R. Egan is a Independent Non-Executive Chairman of the Board of Progress Software Corporation. Mr. Egan is managing partner of Carruth Management, LLC, a Boston-based venture capital fund he founded in October 1998 that specializes in technology and early stage investments. From October 1986 until September 1998, Mr. Egan served in several executive positions with EMC Corporation, a publicly-held global leader in information technology, including Executive Vice President, Products and Offerings, Executive Vice President, Sales and Marketing, Executive Vice President, Operations and Executive Vice President, International Sales.
As the Independent Non-Executive Chairman of the Board of Progress Software, the total compensation of John Egan at Progress Software is $317,808. There are 10 executives at Progress Software getting paid more, with Yogesh Gupta having the highest compensation of $4,914,830.
John Egan is 62, he's been the Independent Non-Executive Chairman of the Board of Progress Software since 2012. There are 1 older and 23 younger executives at Progress Software. The oldest executive at Progress Software Corp. is Vivian Vitale, 65, who is the Independent Director.
John's mailing address filed with the SEC is 175, Broadhollow Road, Melville, Town of Huntington, Suffolk County, New York, 11747, United States.
Over the last 22 years, insiders at Progress Software have traded over $133,662,358 worth of Progress Software stock and bought 34,322 units worth $753,761 . The most active insiders traders include Joseph Wright Alsop, Investment Management Compa..., and Richard Reidy. On average, Progress Software executives and independent directors trade stock every 13 days with the average trade being worth of $1,094,638. The most recent stock trade was executed by Domenic Lo Coco on 1 August 2024, trading 300 units of PRGS stock currently worth $17,433.
progress software corporation (nasdaq: prgs) is a global software company that simplifies the development, deployment and management of business applications on-premise or on any cloud, on any platform and on any device with minimal it complexity and low total cost of ownership. over 400,000 end-user customers globally run on progress openedge-based applications, and more than 1,400 isvs around the world are powered by progress software. global headquarters 14 oak park drive bedford, ma 01730 usa +781-280-4000
Progress Software executives and other stock owners filed with the SEC include: