The estimated Net Worth of Stephen H Faberman is at least $8.32 Million dollars as of 1 April 2022. Mr. Faberman owns over 21,534 units of Progress Software stock worth over $7,002,434 and over the last 11 years he sold PRGS stock worth over $0. In addition, he makes $1,313,300 as Chief Legal Counsel at Progress Software.
Stephen has made over 23 trades of the Progress Software stock since 2015, according to the Form 4 filled with the SEC. Most recently he exercised 21,534 units of PRGS stock worth $1,232,391 on 1 April 2022.
The largest trade he's ever made was exercising 21,534 units of Progress Software stock on 1 April 2022 worth over $1,232,391. On average, Stephen trades about 2,661 units every 56 days since 2013. As of 1 April 2022 he still owns at least 122,356 units of Progress Software stock.
You can see the complete history of Mr. Faberman stock trades at the bottom of the page.
Stephen Faberman serves as Chief Legal Counsel of the Company. As Chief Legal Officer, Mr. Faberman is responsible for our legal and compliance, risk management, license compliance, facilities and corporate development functions. Prior to becoming Chief Legal Officer, Mr. Faberman was Senior Vice President, General Counsel. Mr. Faberman became General Counsel in December 2012 and a Senior Vice President in January 2014. Prior to that time, from October 2012 to December 2012, Mr. Faberman was Vice President, Acting General Counsel, and from January 2012 to October 2012, Mr. Faberman was Vice President, Deputy General Counsel. Prior roles included Senior Vice President, Corporate Counsel at Heritage Property Investment Trust, Inc. from October 2003 until October 2006, and Partner, Bingham McCutcheon LLP until October 2003.
As the Chief Legal Counsel of Progress Software, the total compensation of Stephen Faberman at Progress Software is $1,313,300. There are 2 executives at Progress Software getting paid more, with Yogesh Gupta having the highest compensation of $4,914,830.
Stephen Faberman is 50, he's been the Chief Legal Counsel of Progress Software since 2015. There are 15 older and 10 younger executives at Progress Software. The oldest executive at Progress Software Corp. is Vivian Vitale, 65, who is the Independent Director.
Stephen's mailing address filed with the SEC is C/O PROGRESS SOFTWARE CORPORATION, 14 OAK PARK DRIVE, BEDFORD, MA, 01730.
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: