secwatch.observer — SEC 8-K summary
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Issuer:     PROGRESS SOFTWARE CORP /MA (PRGS)
CIK:        0000876167
Form:       8-K
Filed at:   2023-05-12T23:59:59+00:00
Accession:  0000876167-23-000101
Event type: other_material
Sentiment:  neutral
Materiality: 0.15
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Progress Software stockholders elect all nine director nominees and approve all proposals at 2023 annual meeting
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- All nine director nominees elected with votes for ranging from 34.6M to 37.2M.
- Advisory say-on-pay approved: 35.8M for (95.7% of votes cast), 1.6M against.
- Shareholders selected 1-year frequency for future say-on-pay votes (36.3M votes for 1 year).
- Increase in shares authorized under Employee Stock Purchase Plan approved (37.2M for, 142k against).
- Ratification of Deloitte & Touche as auditor for FY2023 approved (37.1M for, 2.8M against).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/876167/000087616723000101/0000876167-23-000101-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/876167/000087616723000101/prgs-20230511.htm
  HTML page:      https://secwatch.observer/filing/0000876167-23-000101

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer