BlackRock, Inc. Increases Stake in Progress Software Corp to 16.5%

BlackRock, Inc. filed a Schedule 13G/A on July 29, 2026, disclosing a significant ownership stake in Progress Software Corp (PRGS). As of the event date of June 30, 2026, BlackRock beneficially owns 6,763,272 shares of common stock, representing 16.5% of the company. This filing marks an increase from a previously reported 0.0% position, indicating a substantial new or restored accumulation of shares. The filing specifies that BlackRock holds sole voting power over 6,689,301 shares and sole dispositive power over the full 6,763,272 shares. Notably, the interest of one specific entity, the iShares Core S&P Small-Cap ETF, accounts for more than 5% of the total outstanding common stock. This amendment (Amendment No. 12) was filed under Rule 13d-1(b), certifying that the securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. The reporting person is a parent holding company headquartered in New York.