Progress Software (PRGS) executive compensation, 2026 proxy

Yogesh Gupta, Chief Executive Officer, was paid $10.5M in fiscal 2025, up 2% from $10.4M the year before. The CEO-to-median-employee pay ratio was 112:1, on median employee pay of $93,870.

Filed
March 25, 2026
Annual meeting
May 7, 2026
Pay year
fiscal 2025
Named executives
5
CEO total pay
$10.5M+2% vs prior year
CEO to median employee
112:1median $93,870
CEO pay in equity
84%$8.8M in awards
Prior say-on-pay support
93%of votes cast
CEO Total Compensation
$10,534,808Fiscal 2025 total pay
CEO Pay Ratio
112:1Compared to median employee
Bonus Payout Percentage
130%Corporate Bonus Plan payout
Adjusted Free Cash Flow
$247MAbove target performance

How Gupta was paid

$10.5M in total for fiscal 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary6%Stock awards67%Option awards17%Non-equity incentive8%All other compensation2%

Named executive officers

ExecutiveTotal
Yogesh GuptaChief Executive Officer$10,534,808
Anthony FolgerExecutive Vice President, Chief Financial Officer$4,200,010
John AinsworthExecutive Vice President and General Manager, Application and Data Platform$2,699,071
Loren JarrettExecutive Vice President and General Manager, Digital Experience$2,700,084
Sundar SubramanianExecutive Vice President and General Manager, Infrastructure Management$2,688,107

What changed and why

  • $10.5MFiscal year 2025 total compensation for CEO Yogesh Gupta was $10,534,808.
  • 130%Annual cash bonuses under the Corporate Bonus Plan paid out at 130% of target.
  • Seventy percent of annual equity awards were performance-based, utilizing PSUs and stock options.
  • $247MThe company achieved strong financial results, including $247 million in adjusted free cash flow and $978 million in revenue.
  • 93%Approximately 93% of the votes cast approved executive compensation at the 2025 annual meeting.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.