Form 4 for PEGA PEGASYSTEMS INC
Accepted 2026-03-05 00:00:00 ET · period of report 2026-03-03 · accession 0001353196-26-000006 · 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 | 2026-03-05 | 2026-03-04 | PEGA | KOUNINIS EFSTATHIOS A | SVP, CAO | M - OptEx | $0.00 | +3,500 | 4,437 | +374% | $0 |
| DM | 2026-03-05 | 2026-03-04 | PEGA | KOUNINIS EFSTATHIOS A | SVP, CAO | F - Tax | $45.01 | -968 | 2,229 | -30% | -$43.6K |
| DM | 2026-03-05 | 2026-03-03 | PEGA | KOUNINIS EFSTATHIOS A | SVP, CAO | A - Grant | $0.00 | +17.8K | 1,961 | New | $0 |
| DM | 2026-03-05 | 2026-03-04 | PEGA | KOUNINIS EFSTATHIOS A | SVP, CAO | M - OptEx | $0.00 | -3,500 | 3,878 | -47% | $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 | 2026-03-04 | M | A | 1,292 | $0.00 | 2,542 | D | — | — | (F1) Each restricted stock unit represents the right to receive, following vesting, one share of common stock. |
| 2 | Common | Common stock | 2026-03-04 | F | D | 655 | $45.01 | 3,782 | D | — | — | |
| 3 | Common | Common stock | 2026-03-04 | M | A | 2,208 | $0.00 | 4,437 | D | — | — | (F1) Each restricted stock unit represents the right to receive, following vesting, one share of common stock. |
| 4 | Common | Common stock | 2026-03-04 | F | D | 313 | $45.01 | 2,229 | D | — | — | |
| 5 | Derivative | Stock Option | 2026-03-03 | A | A | 11,390 | $0.00 | 11,390 | D | $45.01 · 2027-03-03 to 2036-03-03 | 11,390 Common stock | (F2) This stock option vests as to 25% of the shares subject thereto on the Date Exercisable in Table II, with the remaining 75% vesting in equal quarterly amounts over the following three years. |
| 6 | Derivative | Restricted Stock Units | 2026-03-03 | A | A | 4,469 | $0.00 | 4,469 | D | $0.00 · 2027-03-03 to 2030-03-03 | 4,469 Common stock | (F1) Each restricted stock unit represents the right to receive, following vesting, one share of common stock. (F3) 25% of the restricted stock units vest on the Date Exercisable in Table II, and the remaining 75% vest in equal quarterly installments over the following three years. |
| 7 | Derivative | Restricted Stock Units | 2026-03-04 | M | D | 2,208 | $0.00 | 0 | D | $0.00 · 2026-03-04 to 2026-03-04 | 2,208 Common stock | (F1) Each restricted stock unit represents the right to receive, following vesting, one share of common stock. (F5) This restricted stock unit award vested 100% based on the achievement of performance conditions under the Company's CICP related to the Company's financial results for the year ended December 31, 2025. |
| 8 | Derivative | Restricted Stock Units | 2026-03-04 | M | D | 1,292 | $0.00 | 3,878 | D | $0.00 · 2026-03-04 to 2029-03-04 | 1,292 Common stock | (F1) Each restricted stock unit represents the right to receive, following vesting, one share of common stock. (F3) 25% of the restricted stock units vest on the Date Exercisable in Table II, and the remaining 75% vest in equal quarterly installments over the following three years. |
| 9 | Derivative | Restricted Stock Units | 2026-03-03 | A | A | 1,961 | $0.00 | 1,961 | D | $0.00 · 2027-03-03 to 2027-03-03 | 1,961 Common stock | (F1) Each restricted stock unit represents the right to receive, following vesting, one share of common stock. (F4) This award represents the election by the individual, as part of the Company's Corporate Incentive Compensation Plan (CICP), to receive half of their annual bonus in restricted share units. This restricted stock unit award vests 100% on the Date Exercisable in Table II, subject to attainment of the CICP performance threshold funding for the year ending December 31, 2026. |