Form 4 for PEGA PEGASYSTEMS INC
Accepted 2025-03-04 00:00:00 ET · period of report 2025-03-03 · accession 0001013857-25-000052 · 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 | STILLWELL KENNETH | COO, CFO | F - Tax | $78.51 | -729 | 14.2K | -5% | -$57.2K |
| D | 2025-03-04 | 2025-03-03 | PEGA | STILLWELL KENNETH | COO, CFO | S - Sale+OE | $78.31 | -2,000 | 13.8K | -13% | -$156.6K |
| DM | 2025-03-04 | 2025-03-03 | PEGA | STILLWELL KENNETH | COO, CFO | M - OptEx | $0.00 | +2,450 | 14.5K | +20% | $0 |
| DM | 2025-03-04 | 2025-03-03 | PEGA | STILLWELL KENNETH | COO, CFO | M - OptEx | $0.00 | -2,450 | 0 | -100% | $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 | 167 | $78.51 | 15,765 | D | — | — | (F2) Tendered to issuer to satisfy tax withholding obligations of the reporting person, exempted pursuant to Rule 16b-3(e). |
| 2 | Common | Common stock | 2025-03-03 | F | D | 287 | $78.51 | 15,355 | 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 | F | D | 275 | $78.51 | 14,187 | D | — | — | (F2) Tendered to issuer to satisfy tax withholding obligations of the reporting person, exempted pursuant to Rule 16b-3(e). (F6) Does not include shares of common stock subject to unvested restricted stock units and/or options awards. |
| 4 | Common | Common stock | 2025-03-03 | S | D | 2,000 | $78.31 | 13,765 | D | — | — | (F4) Sold pursuant to a pre-arranged trading plan adopted by Mr. Stillwell August 29, 2024 under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. |
| 5 | Common | Common stock | 2025-03-03 | M | A | 1,176 | $0.00 | 15,642 | 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 23,508 restricted stock units, with 20% vesting on March 1, 2023 with the remaining 80% vesting in equal quarterly installments over the remaining four years. |
| 6 | Common | Common stock | 2025-03-03 | M | A | 577 | $0.00 | 15,932 | 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 11,527 restricted stock units, with 20% vesting on March 2, 2022, with the remaining 80% vesting in equal quarterly installments over the remaining four years. |
| 7 | Common | Common stock | 2025-03-03 | M | A | 697 | $0.00 | 14,462 | D | — | — | (F5) Represents a 5% vesting on March 3, 2025. The original grant was 13,931 restricted stock units, with 20% vesting on March 3, 2021, and the remaining 80% vesting in equal quarterly installments over the remaining four years. |
| 8 | Derivative | Restricted Stock Units | 2025-03-03 | M | D | 1,176 | $0.00 | 9,403 | D | $0.00 · 2023-03-01 to — | 1,176 Common stock | (F7) 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 23,508 restricted stock units, with 20% vesting on March 1, 2023 with the remaining 80% vesting in equal quarterly installments over the remaining four years. (F8) Once vested, the shares of common stock are not subject to expiration. |
| 9 | Derivative | Restricted Stock Units | 2025-03-03 | M | D | 577 | $0.00 | 2,305 | D | $0.00 · 2022-03-02 to — | 577 Common stock | (F7) 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 11,527 restricted stock units, with 20% vesting on March 2, 2022, with the remaining 80% vesting in equal quarterly installments over the remaining four years. (F8) Once vested, the shares of common stock are not subject to expiration. |
| 10 | Derivative | Restricted Stock Units | 2025-03-03 | M | D | 697 | $0.00 | 0 | D | $0.00 · 2021-03-03 to — | 697 Common stock | (F7) Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock. (F5) Represents a 5% vesting on March 3, 2025. The original grant was 13,931 restricted stock units, with 20% vesting on March 3, 2021, and the remaining 80% vesting in equal quarterly installments over the remaining four years. (F8) Once vested, the shares of common stock are not subject to expiration. |