Form 4 for PEGA PEGASYSTEMS INC
Accepted 2025-06-03 00:00:00 ET · period of report 2025-06-02 · accession 0001013857-25-000152 · 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 | 2025-06-03 | 2025-06-02 | PEGA | STILLWELL KENNETH | COO, CFO | M - OptEx | $98.15 | +1,751 | 25.8K | +7% | +$171.9K |
| D | 2025-06-03 | 2025-06-02 | PEGA | STILLWELL KENNETH | COO, CFO | S - Sale+OE | $97.48 | -2,000 | 23.7K | -8% | -$195.0K |
| DM | 2025-06-03 | 2025-06-02 | PEGA | STILLWELL KENNETH | COO, CFO | F - Tax | $98.15 | -690 | 25.3K | -3% | -$67.7K |
| DM | 2025-06-03 | 2025-06-02 | PEGA | STILLWELL KENNETH | COO, CFO | M - OptEx | $0.00 | -1,751 | 8,228 | -18% | $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 | 2025-06-02 | M | A | 576 | $98.15 | 25,915 | D | — | — | (F3) Represents a 5% vesting on June 2, 2025. The original grant was 11,527 restricted stock units, with 20% vesting on March 2, 2022, and the remaining 80% vesting in equal quarterly installments over the remaining four years. |
| 2 | Common | Common stock | 2025-06-02 | S | D | 2,000 | $97.48 | 23,688 | 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. (F5) Does not include shares of common stock subject to unvested restricted stock units and/or options awards. |
| 3 | Common | Common stock | 2025-06-02 | F | D | 227 | $98.15 | 25,688 | D | — | — | (F2) Tendered to issuer to satisfy tax withholding obligations of the reporting person, exempted pursuant to Rule 16b-3(e). |
| 4 | Common | Common stock | 2025-06-02 | M | A | 1,175 | $98.15 | 25,802 | D | — | — | (F1) Represents a 5% vesting on June 1, 2025, with a release date of June 2, 2025, the first business day following vesting. The original grant was 23,508 restricted stock units, with 20% vesting on March 1, 2023, and the remaining 80% vesting in equal quarterly installments over the remaining four years. |
| 5 | Common | Common stock | 2025-06-02 | F | D | 463 | $98.15 | 25,339 | D | — | — | (F2) Tendered to issuer to satisfy tax withholding obligations of the reporting person, exempted pursuant to Rule 16b-3(e). |
| 6 | Derivative | Restricted Stock Units | 2025-06-02 | M | D | 576 | $0.00 | 1,729 | D | $0.00 · 2022-03-02 to — | 576 Common stock | (F6) Each restricted stock unit represents the right to receive, following vesting, one share of common stock. (F3) Represents a 5% vesting on June 2, 2025. The original grant was 11,527 restricted stock units, with 20% vesting on March 2, 2022, 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. |
| 7 | Derivative | Restricted Stock Units | 2025-06-02 | M | D | 1,175 | $0.00 | 8,228 | D | $0.00 · 2023-03-01 to — | 1,175 Common stock | (F6) Each restricted stock unit represents the right to receive, following vesting, one share of common stock. (F1) Represents a 5% vesting on June 1, 2025, with a release date of June 2, 2025, the first business day following vesting. The original grant was 23,508 restricted stock units, with 20% vesting on March 1, 2023, 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. |