Form 4 for PEGA PEGASYSTEMS INC
Accepted 2025-02-19 00:00:00 ET · period of report 2025-02-14 · accession 0001013857-25-000038 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2025-02-19 | 2025-02-14 | PEGA | STILLWELL KENNETH | COO, CFO | M - OptEx | $43.63 | +21.2K | 27.4K | +340% | +$924.7K |
| DM | 2025-02-19 | 2025-02-14 | PEGA | STILLWELL KENNETH | COO, CFO | F - Tax | $84.95 | -13.5K | 20.4K | -40% | -$1.14M |
| DM | 2025-02-19 | 2025-02-14 | PEGA | STILLWELL KENNETH | COO, CFO | S - Sale+OE | $84.72 | -7,742 | 14.5K | -35% | -$655.9K |
| DM | 2025-02-19 | 2025-02-14 | PEGA | STILLWELL KENNETH | COO, CFO | M - OptEx | $0.00 | -21.2K | 90.7K | -19% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common stock | 2025-02-14 | M | A | 8,233 | $58.95 | 22,699 | D | — | — | |
| 2 | Common | Common stock | 2025-02-14 | F | D | 6,382 | $84.95 | 16,317 | D | — | — | (F1) Represents the exercise price of the stock options referenced in Table II and Mr. Stillwell's tax liability, which were paid by way of the Company withholding shares of equal value. |
| 3 | Common | Common stock | 2025-02-14 | S | D | 5,891 | $84.71 | 14,466 | D | — | — | (F2) Represents the weighted average of sale prices, ranging from $84.71 to $84.73. The individual has provided the Company, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Company, upon request, full information regarding the number of shares sold at each separate price. (F3) Does not include shares of common stock subject to unvested restricted stock units and/or options awards. |
| 4 | Common | Common stock | 2025-02-14 | F | D | 7,069 | $84.95 | 20,357 | D | — | — | (F1) Represents the exercise price of the stock options referenced in Table II and Mr. Stillwell's tax liability, which were paid by way of the Company withholding shares of equal value. |
| 5 | Common | Common stock | 2025-02-14 | M | A | 12,960 | $33.90 | 27,426 | D | — | — | |
| 6 | Common | Common stock | 2025-02-14 | S | D | 1,851 | $84.77 | 14,466 | D | — | — | |
| 7 | Derivative | Stock Options | 2025-02-14 | M | D | 8,233 | $0.00 | 0 | D | $58.95 · 2019-03-05 to 2028-03-05 | 8,233 Common stock | (F4) Options vested 20% on March 5, 2019, with the remaining 80% vesting in equal quarterly amounts over the following four years. |
| 8 | Derivative | Stock Options | 2025-02-14 | M | D | 12,960 | $0.00 | 90,720 | D | $33.90 · 2023-02-02 to 2032-11-02 | 12,960 Common stock | (F5) Options will vest in equal quarterly installments over a four year period. The first vest occurred on February 2, 2023. |