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Pegasystems officer plans sale of 7,000 shares

An officer of PEGASYSTEMS INC filed a Rule 144 notice covering 7,000 common shares from previously exercised options, with 3,000 shares reported sold in the prior three months.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

PEGASYSTEMS INC (PEGA) is the issuer for which officer Rifat Kerim Akgonul filed a notice of proposed sale of restricted or control securities under Rule 144. The filing covers planned sales of common stock held in an account at Morgan Stanley Smith Barney LLC Executive Financial Services.

The notice indicates an intent to sell 7,000 shares of common stock that were acquired through previously exercised options, with a reference value of $252,210.00. It also reports that 3,000 shares of PEGASYSTEMS INC common stock were sold in the past three months for $101,966.10.

Positive

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Shares to be sold 7,000 shares Common stock proposed for sale under Rule 144
Reference value of proposed sale $252,210.00 Value associated with 7,000 common shares in the securities information section
Past 3-month sale shares 3,000 shares Common stock sold on August 25, 2026
Proceeds from past 3-month sale $101,966.10 Value of 3,000 shares sold on August 25, 2026
Brokerage firm Morgan Stanley Smith Barney LLC Executive Financial Services Firm holding the common stock for the proposed Rule 144 sale
Exchange NASDAQ Listed exchange for PEGASYSTEMS INC common stock indicated in the filing
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Previously Exercised Options financial
"Common | 09/11/2025 | Previously Exercised Options | Issuer"
Securities To Be Sold regulatory
"144: Securities To Be Sold"
Securities Sold During The Past 3 Months regulatory
"144: Securities Sold During The Past 3 Months"
Common financial
"Common | Morgan Stanley Smith Barney LLC Executive Financial Services"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing disclose for PEGASYSTEMS INC (PEGA)?

The Form 144 discloses that officer Rifat Kerim Akgonul plans to sell 7,000 shares of PEGASYSTEMS INC common stock under Rule 144, and reports a prior sale of 3,000 shares in the last three months for $101,966.10.

How many PEGASYSTEMS INC (PEGA) shares are proposed to be sold under this Form 144?

The notice covers a proposed sale of 7,000 shares of PEGASYSTEMS INC common stock. These shares are identified as coming from previously exercised options and are to be sold for cash.

What is the reference value of the PEGASYSTEMS INC (PEGA) shares in the Form 144?

The Form 144 lists a reference value of $252,210.00 for the 7,000 shares of PEGASYSTEMS INC common stock associated with the planned Rule 144 sale, based on information given in the securities information section.

What prior PEGASYSTEMS INC (PEGA) stock sales are reported in the past three months?

The filing reports that 3,000 shares of PEGASYSTEMS INC common stock were sold on August 25, 2026 for $101,966.10 by Rifat Kerim Akgonul, as part of the “Securities Sold During The Past 3 Months” disclosure.

Who is the person selling PEGASYSTEMS INC (PEGA) shares in this Form 144?

The seller is Rifat Kerim Akgonul, identified as an officer of PEGASYSTEMS INC. The Form 144 is filed for sales of the company’s common stock held for his account, in compliance with Rule 144 requirements.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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