Form 4 for PEGA PEGASYSTEMS INC
Accepted 2025-09-04 00:00:00 ET · period of report 2025-09-01 · accession 0001855325-25-000004 · 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 | 2025-09-04 | 2025-09-01+ | PEGA | Akgonul Rifat Kerim | Chief Product Off | M - OptEx | $0.00 | +1,638 | 79.6K | +2% | $0 |
| DM | 2025-09-04 | 2025-09-01+ | PEGA | Akgonul Rifat Kerim | Chief Product Off | F - Tax | $54.21 | -793 | 79.4K | -1.0% | -$43.0K |
| DM | 2025-09-04 | 2025-09-02+ | PEGA | Akgonul Rifat Kerim | Chief Product Off | S - Sale+OE | $53.89 | -7,000 | 77.4K | -8% | -$377.2K |
| DM | 2025-09-04 | 2025-09-01+ | PEGA | Akgonul Rifat Kerim | Chief Product Off | M - OptEx | $0.00 | -1,638 | 7,052 | -19% | $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 | 2025-09-01 | M | A | 1,176 | $0.00 | 79,736 | D | — | — | (F1) Represents a 5% vesting on September 1, 2025, with a release date of September 2, 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. |
| 2 | Common | Common stock | 2025-09-01 | F | D | 569 | $54.21 | 79,167 | D | — | — | |
| 3 | Common | Common stock | 2025-09-02 | M | A | 462 | $0.00 | 79,629 | D | — | — | (F2) Represents a 5% vesting on June 2, 2025. 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 | 2025-09-03 | S | D | 5,000 | $54.08 | 72,405 | D | — | — | (F5) Represents the weighted average of sale prices, ranging from $54.08 to $54.10. The individual has provided the Company, and undertakes to provide to the staff of the Security and Exchange Commission or any security holder of the Company, upon request, full information regarding the number of shares sold at each separate price. |
| 5 | Common | Common stock | 2025-09-02 | S | D | 1,900 | $53.36 | 77,505 | D | — | — | (F3) Sold pursuant to a pre-arranged trading plan adopted by Mr. Akgonul November 25, 2024 under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. (F4) Represents the weighted average of sale prices, ranging from $52.83 to $53.81. The individual has provided the Company, and undertakes to provide to the staff of the Security and Exchange Commission or any security holder of the Company, upon request, full information regarding the number of shares sold at each separate price. |
| 6 | Common | Common stock | 2025-09-02 | S | D | 100 | $54.18 | 77,405 | D | — | — | (F3) Sold pursuant to a pre-arranged trading plan adopted by Mr. Akgonul November 25, 2024 under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. |
| 7 | Common | Common stock | 2025-09-02 | F | D | 224 | $54.21 | 79,405 | D | — | — | |
| 8 | Derivative | Restricted Stock Units | 2025-09-02 | M | D | 462 | $0.00 | 922 | D | $0.00 · 2022-03-02 to 2026-03-02 | 462 Common stock | (F6) Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock. (F2) Represents a 5% vesting on June 2, 2025. 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) All share amounts in this Form 4 have been restated to reflect a 2-for-1 forward stock split of Pegasystems Inc.'s common stock effectuated on June 20, 2025. |
| 9 | Derivative | Restricted Stock Units | 2025-09-01 | M | D | 1,176 | $0.00 | 7,052 | D | $0.00 · 2023-03-01 to 2027-03-01 | 1,176 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 September 1, 2025, with a release date of September 2, 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) All share amounts in this Form 4 have been restated to reflect a 2-for-1 forward stock split of Pegasystems Inc.'s common stock effectuated on June 20, 2025. |