[144] Pegasystems Inc SEC Filing

Rhea-AI Filing Summary

Form 144 notice for Pegasystems, Inc. (PEGA) reports a proposed sale of 2,000 shares of common stock through Morgan Stanley Smith Barney on 09/02/2025 for an aggregate market value of $108,420.00. The filing states the shares were acquired as Restricted Stock Units from the issuer on 06/01/2025 and that no securities of the issuer were sold by the reporting person in the past three months. The filing identifies 171,080,665 shares outstanding, and lists NASDAQ as the exchange. The filer attests they have no undisclosed material adverse information and includes the standard Rule 10b5-1/trading-plan note.

Positive

• Transparent disclosure of broker, sale date, number of shares, aggregate value, and acquisition details
• Securities were acquired as RSUs, indicating the sale follows vesting of compensation
• No sales in past three months, simplifying aggregation rules under Rule 144

Negative

• None.

Insights

Securities Analyst

TL;DR: Small, routine insider sale of recently vested RSUs; likely immaterial to valuation.

The filing describes a planned sale of 2,000 common shares acquired as restricted stock units on 06/01/2025. With 171,080,665 shares outstanding, the proposed sale represents a negligible fraction of the float. The disclosure is consistent with standard insider reporting obligations and provides counterparty/broker information, sale date, and aggregate value. There is no report of prior sales in the past three months, and no other compensatory or complex transaction terms are disclosed here.

Corporate Governance Expert

TL;DR: Proper procedural disclosure; confirms vesting-to-sale of equity compensation.

The notice documents a common compliance step: disposition of RSU shares through a broker on a specified date with the standard attestation regarding material nonpublic information. It includes the acquisition method (RSUs issued by the company) and date, which helps verify that the sale arises from compensation rather than other transfers. No governance concerns, special arrangements, or aggregated sales disclosures are reported in this filing.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	2000	108420.00	171080665	09/02/2025	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	06/01/2025	Restricted Stock Units	Issuer			2000	06/01/2025	N/A

* 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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 filed for PEGA report?

The filing reports a proposed sale of 2,000 common shares of Pegasystems through Morgan Stanley Smith Barney on 09/02/2025 with aggregate market value $108,420.00.

How were the shares acquired that are being sold?

The shares were acquired as Restricted Stock Units (RSUs) from the issuer on 06/01/2025.

Does the filing report other sales in the past three months for the seller?

The filing states Nothing to Report under securities sold during the past three months.

What exchange will the PEGA shares be sold on?

The filing lists NASDAQ as the securities exchange for the proposed sale.

How material is this sale relative to outstanding shares?

The filing shows 171,080,665 shares outstanding; the 2,000-share sale represents an immaterial fraction of total shares outstanding.