---
schema_version: "secwatch.filing_event.v1"
accession: "0000876167-24-000138"
form_type: "8-K"
ticker: "PRGS"
cik: "0000876167"
company_name: "PROGRESS SOFTWARE CORP /MA"
filed_at: "2024-08-07T23:59:59+00:00"
generated_at: "2026-05-31T12:00:27.044315+00:00"
event_type: "regulatory"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# SEC concludes MOVEit investigation with no enforcement action against Progress

## Summary
- SEC notified Progress on Aug 6, 2024, that its investigation is closed with no enforcement action.
- Investigation originated from an Oct 2, 2023 subpoena related to the MOVEit vulnerability.
- Termination Letter issued under Securities Act Release No. 5310 guidelines.
- This removes a significant regulatory overhang for Progress shareholders.

## SEC filing metadata
- accession: 0000876167-24-000138
- form_type: 8-K
- ticker: PRGS
- cik: 0000876167
- company_name: PROGRESS SOFTWARE CORP /MA
- filed_at: 2024-08-07T23:59:59+00:00
- event_type: regulatory
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/876167/000087616724000138/0000876167-24-000138-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/876167/000087616724000138/prgs-20240806.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000876167-24-000138
- JSON: https://secwatch.observer/filing/0000876167-24-000138.json
- Plain text: https://secwatch.observer/filing/0000876167-24-000138.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.