PEGA (NASDAQ: PEGA) files Form 144 for 7,594-share sale notice on 03/16/2026

Rhea-AI Filing Summary

PEGA submitted a Form 144 notice for the proposed sale of 7,594 shares of common stock to occur on 03/16/2026, described as resulting from an exercise of options under a registered plan with cash as the consideration method. The filing lists three prior sales by Rifat Kerim Akgonul in the past three months: 03/11/2026 (8,088 shares, $352,353.72), 03/02/2026 (7,000 shares, $306,904.50), and 02/13/2026 (7,000 shares, $302,155.00).

Insights

Securities Compliance Counsel

Routine Rule 144 notice for an option-derived sale and recent insider dispositions.

The filing lists a proposed sale of 7,594 common shares on 03/16/2026, described as the product of an exercise of options under a registered plan. The method of payment is stated as cash.

Separately, the record shows three earlier sales by Rifat Kerim Akgonul totaling 22,088 shares across February and March 2026 with specific cash amounts reported. Cash‑flow treatment for the proposed sale beyond the payment method is not detailed in the excerpt.

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	7594	329466.45	169043716	03/16/2026	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	03/16/2026	Exercise of options under a registered plan	Issuer			7594	03/16/2026	Cash

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
RIFAT KERIM AKGONUL 225 Wyman Street Waltham MA 02451	Common	03/11/2026	8088	352353.72
RIFAT KERIM AKGONUL 225 Wyman Street Waltham MA 02451	Common	03/02/2026	7000	306904.50
RIFAT KERIM AKGONUL 225 Wyman Street Waltham MA 02451	Common	02/13/2026	7000	302155.00

144: Remarks and Signature

Remarks

Date of Notice

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 PEGA's Form 144 say about the 7,594 shares?

The Form 144 notifies a proposed sale of 7,594 common shares on 03/16/2026, described as arising from an exercise of options under a registered plan with cash as consideration.

Who sold shares in the past three months according to the filing?

The filing lists prior sales by Rifat Kerim Akgonul: 03/11/2026 (8,088 shares, $352,353.72), 03/02/2026 (7,000 shares, $306,904.50), and 02/13/2026 (7,000 shares, $302,155.00).

Is the 7,594-share sale described as an issuer or holder sale?

The line describing the 7,594-share transaction is labeled with Issuer and the method as an exercise of options under a registered plan, indicating the shares derive from an issuer plan and the payment method is listed as cash.

Does the filing state how proceeds will be used?

The excerpt specifies cash as the consideration method for the proposed sale but does not state any use of proceeds or allocation; the filing does not provide further proceeds‑use details in the provided content.