Form 4 for PEGA PEGASYSTEMS INC
Accepted 2025-03-04 00:00:00 ET · period of report 2025-03-03 · accession 0001013857-25-000046 · 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 | 2025-03-04 | 2025-03-03 | PEGA | Akgonul Rifat Kerim | Chief Product Off | F - Tax | $78.51 | -400 | 52.4K | -0.8% | -$31.4K |
| DM | 2025-03-04 | 2025-03-03 | PEGA | Akgonul Rifat Kerim | Chief Product Off | M - OptEx | $0.00 | +1,152 | 52.9K | +2% | $0 |
| DM | 2025-03-04 | 2025-03-03 | PEGA | Akgonul Rifat Kerim | Chief Product Off | M - OptEx | $0.00 | -1,152 | 922 | -56% | $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 | 2025-03-03 | F | D | 115 | $78.51 | 52,806 | D | — | — | (F2) Tendered to issuer to satisfy tax withholding obligations of the reporting person, exempted pursuant to Rule 16b-3(e). (F5) Does not include shares of common stock subject to unvested restricted stock units and/or options awards. |
| 2 | Common | Common stock | 2025-03-03 | F | D | 81 | $78.51 | 52,587 | D | — | — | (F2) Tendered to issuer to satisfy tax withholding obligations of the reporting person, exempted pursuant to Rule 16b-3(e). |
| 3 | Common | Common stock | 2025-03-03 | M | A | 231 | $0.00 | 52,668 | D | — | — | (F3) Represents a 5% vesting on March 2, 2025, with a release date of March 3, 2025, the first business day following vesting. The original grant was 4,611 restricted stock units, with a 20% vesting on March 2, 2022, with the remaining 80% vesting in equal quarterly installments over the remaining four years. |
| 4 | Common | Common stock | 2025-03-03 | M | A | 587 | $0.00 | 52,641 | D | — | — | (F1) Represents a 5% vesting on March 1, 2025, with a release date of March 3, 2025, the first business day following vesting. The original grant was 11,754 restricted stock units, with a 20% vesting on March 1, 2023, with the remaining 80% vesting in equal quarterly installments over the remaining four years. |
| 5 | Common | Common stock | 2025-03-03 | F | D | 204 | $78.51 | 52,437 | D | — | — | (F2) Tendered to issuer to satisfy tax withholding obligations of the reporting person, exempted pursuant to Rule 16b-3(e). |
| 6 | Common | Common stock | 2025-03-03 | M | A | 334 | $0.00 | 52,921 | D | — | — | (F4) Represents a 5% vesting on March 3, 2025. The original grant was 6,687 restricted stock units, with 20% vesting on March 3, 2021, and the remaining 80% vesting in equal quarterly installments over the remaining four years. |
| 7 | Derivative | Restricted Stock Units | 2025-03-03 | M | D | 587 | $0.00 | 4,702 | D | $0.00 · 2023-03-01 to — | 587 Common stock | (F6) Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock. (F1) Represents a 5% vesting on March 1, 2025, with a release date of March 3, 2025, the first business day following vesting. The original grant was 11,754 restricted stock units, with a 20% vesting on March 1, 2023, with the remaining 80% vesting in equal quarterly installments over the remaining four years. (F7) Once vested, the shares of common stock are not subject to expiration. |
| 8 | Derivative | Restricted Stock Units | 2025-03-03 | M | D | 334 | $0.00 | 0 | D | $0.00 · 2021-03-03 to — | 334 Common stock | (F6) Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock. (F4) Represents a 5% vesting on March 3, 2025. The original grant was 6,687 restricted stock units, with 20% vesting on March 3, 2021, and the remaining 80% vesting in equal quarterly installments over the remaining four years. (F7) Once vested, the shares of common stock are not subject to expiration. |
| 9 | Derivative | Restricted Stock Units | 2025-03-03 | M | D | 231 | $0.00 | 922 | D | $0.00 · 2022-03-02 to — | 231 Common stock | (F6) Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock. (F3) Represents a 5% vesting on March 2, 2025, with a release date of March 3, 2025, the first business day following vesting. The original grant was 4,611 restricted stock units, with a 20% vesting on March 2, 2022, with the remaining 80% vesting in equal quarterly installments over the remaining four years. (F7) Once vested, the shares of common stock are not subject to expiration. |