Form 4 for PEGA PEGASYSTEMS INC
Accepted 2025-06-09 00:00:00 ET · period of report 2025-06-05 · accession 0001013857-25-000166 · 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 | 2025-06-09 | 2025-06-05 | PEGA | KOUNINIS EFSTATHIOS A | CAO, SVP of Fin | F - Tax | $102.86 | -636 | 166 | -79% | -$65.4K |
| D | 2025-06-09 | 2025-06-05 | PEGA | KOUNINIS EFSTATHIOS A | CAO, SVP of Fin | S - Sale+OE | $103.00 | -598 | 166 | -78% | -$61.6K |
| DM | 2025-06-09 | 2025-06-05 | PEGA | KOUNINIS EFSTATHIOS A | CAO, SVP of Fin | M - OptEx | $28.57 | +1,400 | 220 | New | +$40.0K |
| DM | 2025-06-09 | 2025-06-05 | PEGA | KOUNINIS EFSTATHIOS A | CAO, SVP of Fin | M - OptEx | $0.00 | -1,400 | 2,421 | -37% | $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 | 2025-06-05 | F | D | 582 | $103.00 | 764 | D | — | — | (F3) Represents the exercise price of the stock options referenced in Table II and Mr. Kouninis's tax liability, which were paid by way of the Company withholding shares of equal value. |
| 2 | Common | Common stock | 2025-06-05 | S | D | 598 | $103.00 | 166 | D | — | — | (F4) Does not include shares of common stock subject to unvested restricted stock units and/or options awards. |
| 3 | Common | Common stock | 2025-06-05 | M | A | 1,180 | $33.90 | 1,346 | D | — | — | |
| 4 | Common | Common stock | 2025-06-05 | M | A | 220 | $0.00 | 220 | D | — | — | (F1) Represents a 5% vesting on June 5, 2025. The original grant was 3,522 restricted stock units, with 25% vesting on March 5, 2025, and the remaining 75% vesting in equal quarterly installments over the next three years. |
| 5 | Common | Common stock | 2025-06-05 | F | D | 54 | $101.41 | 166 | D | — | — | (F2) Tendered to issuer to satisfy tax withholding obligations of the reporting person, exempted pursuant to Rule 16b-3(e). |
| 6 | Derivative | Stock Options | 2025-06-05 | M | D | 1,180 | $0.00 | 8,260 | D | $33.90 · 2023-02-02 to 2032-11-02 | 1,180 Common stock | (F7) Options will vest in equal quarterly installments over a four year period. The first vest occurred on February 2, 2023. |
| 7 | Derivative | Restricted Stock Units | 2025-06-05 | M | D | 220 | $0.00 | 2,421 | D | $0.00 · 2025-03-05 to — | 220 Common stock | (F5) 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 June 5, 2025. The original grant was 3,522 restricted stock units, with 25% vesting on March 5, 2025, and the remaining 75% vesting in equal quarterly installments over the next three years. (F6) Once vested, the shares of common stock are not subject to expiration. |