The estimated Net Worth of Charles Francis Kane is at least $6.39 Millón dollars as of 2 February 2024. Mr. Kane owns over 5,000 units of Progress Software stock worth over $3,554,555 and over the last 18 years he sold PRGS stock worth over $2,556,808. In addition, he makes $282,808 as Independent Director at Progress Software.
Charles has made over 11 trades of the Progress Software stock since 2011, according to the Form 4 filled with the SEC. Most recently he sold 5,000 units of PRGS stock worth $286,850 on 2 February 2024.
The largest trade he's ever made was exercising 26,293 units of Progress Software stock on 25 April 2011 worth over $356,007. On average, Charles trades about 3,638 units every 123 days since 2006. As of 2 February 2024 he still owns at least 62,110 units of Progress Software stock.
You can see the complete history of Mr. Kane stock trades at the bottom of the page.
Charles F. Kane is Independent Director of Progress Software Corporation. Mr. Kane is currently an adjunct professor of International Finance at the MIT Sloan Graduate Business School of Management. Since November 2006, Mr. Kane has also been a Director and Strategic Advisor of One Laptop Per Child, a non-profit organization that provides computing and internet access for students in the developing world, for whom he served as President and Chief Operating Officer from 2008 until 2009. Mr. Kane served as Executive Vice President and Chief Administrative Officer of Global BPO Services Corp., a special purpose acquisition corporation, from July 2007 until March 2008, and as Chief Financial Officer of Global BPO from August 2007 until March 2008. Prior to joining Global BPO, he served as Chief Financial Officer of RSA Security Inc., a provider of e-security solutions, from May 2006 until RSA was acquired by EMC Corporation in October 2006. From July 2003 until May 2006, he served as Chief Financial Officer of Aspen Technology, Inc. (NYSE: AZPN), a publicly-traded provider of supply chain management software and professional services.
As the Independent Director of Progress Software, the total compensation of Charles Kane at Progress Software is $282,808. There are 11 executives at Progress Software getting paid more, with Yogesh Gupta having the highest compensation of $4,914,830.
Charles Kane is 62, he's been the Independent Director of Progress Software since 2006. There are 1 older and 23 younger executives at Progress Software. The oldest executive at Progress Software Corp. is Vivian Vitale, 65, who is the Independent Director.
Charles's mailing address filed with the SEC is C/O PROGRESS SOFTWARE CORPORATION, 15 WAYSIDE ROAD, SUITE 400, BURLINGTON, MA, 01803.
Over the last 21 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... y 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: