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Kenneth Stillwell sells 44,000 PEGA shares (NASDAQ: PEGA) under 10b5-1

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Kenneth Stillwell reported proposed sales of Common Stock via Rule 144/10b5-1 notices. The filing lists multiple transactions including 44,000 shares sold on 03/10/2026 for $1,971,640.00, and earlier 1,000; 1,000; and 4,000 share sales on 03/02/2026, 02/02/2026, and 01/02/2026 with associated proceeds shown.

Positive

  • None.

Negative

  • None.

Insights

Affiliated holder disclosed multiple Rule 144/10b5-1 stock sales across early 2026.

The filing lists several executed dispositions by Kenneth Stillwell, with a large sale of $1,971,640.00 for 44,000 shares on 03/10/2026 and smaller 10b5-1 sales across January–March 2026. The entry also records proceeds for each sale.

These are routine affiliate disclosures; cash‑flow recipients and any transfer restrictions are the standard compliance context. Future filings may show additional 10b5-1 activity or completion of planned dispositions.

Largest sale shares 44,000 shares sale dated 03/10/2026
Proceeds from largest sale $1,971,640.00 proceeds shown for 44,000‑share sale on 03/10/2026
Other sales listed 1,000; 1,000; 4,000 shares sales on 03/02/2026, 02/02/2026, 01/02/2026 respectively
Restricted Stock Units referenced 1,000 units Restricted Stock Units dated 09/01/2025
10b5-1 Sales regulatory
"10b5-1 Sales for KENNETH STILLWELL ..."
Restricted Stock Units financial
"Restricted Stock Units | Issuer | 1000 | 09/01/2025"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Rule 144 regulatory
"Form 144 style filing identifying securities to be sold and recent sales"
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.

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

FAQ

What did the PEGA Form 144 report for Kenneth Stillwell?

The filing reports proposed or executed sales of Common Stock by Kenneth Stillwell. It lists a 44,000‑share sale on 03/10/2026 for $1,971,640.00 and earlier 1,000; 1,000; and 4,000 share sales in Jan–Mar 2026.

Were the sales made under a trading plan in the PEGA filing?

Yes. Several entries are labeled 10b5-1 Sales, indicating sales executed under prearranged trading plans. The filing shows those labels for the January, February, and March 2026 transactions.

How many shares and proceeds are shown for the largest sale?

The largest line item shows 44,000 shares sold on 03/10/2026 with proceeds of $1,971,640.00. That figure is presented directly in the filing's transaction list.

Does the Form 144 show Restricted Stock Units being sold?

The filing lists Restricted Stock Units dated 09/01/2025 and indicates an issuer designation. The entries also show separate cash sale transactions by the reporting person in 2026.

Who receives the cash proceeds from the reported sales?

The filing lists proceeds for each sale line (e.g., $1,971,640.00 for 44,000 shares). The document does not specify alternative recipients; proceeds are shown as the sale amounts associated with the reporting person.
Pegasystems Inc

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7.19B
90.70M
Software - Application
Services-computer Processing & Data Preparation
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United States
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