[144] Pegasystems Inc SEC Filing

Rhea-AI Filing Summary

Form 144 notice for Pegasystems Inc (PEGA) reports a proposed sale of 2,636 common shares through Morgan Stanley Smith Barney LLC, with an aggregate market value of $150,186.10. The shares were acquired on 08/15/2024 as restricted stock vesting under a registered plan and the filing lists the approximate sale date as 09/10/2025. The filing states there were 171,080,665 shares outstanding, so the offered block represents roughly 0.0015% of outstanding shares. No securities were reported sold by the holder in the past three months. The notice includes the standard attestation that the seller is unaware of undisclosed material adverse information.

Positive

• Transparent compliance with Rule 144 requirements showing broker, share count, acquisition details and attestation
• Modest size of the proposed sale: 2,636 shares valued at $150,186.10, approximately 0.0015% of outstanding shares

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine insider sale notice of a very small equity stake; not material to company valuation.

The filing documents a proposed disposition of 2,636 shares acquired via restricted stock vesting. The transaction size (about $150k or ~0.0015% of outstanding shares) is immaterial relative to the companys market capitalization and outstanding float. The use of a broker and the inclusion of the standard attestation indicate compliance with Rule 144 disclosure requirements. From a market-impact perspective, this notice is neutral.

Corporate Governance Expert

TL;DR: Compliance-focused disclosure reflecting an employee/insider selling vested shares under Rule 144; governance signals are neutral.

The record shows the securities were obtained through restricted stock vesting under a registered plan and are to be sold through a broker. The filer affirms no undisclosed material adverse information. The absence of other sales in the past three months and the small proportion of outstanding shares suggest this is a routine liquidity event by an insider rather than a governance or control change. Disclosure appears complete for a Form 144.

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	2636	150186.10	171080665	09/10/2025	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	08/15/2024	Restricted stock vesting under a registered plan	Issuer			2636	08/15/2024	Not Applicable

* 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

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 Pegasystems (PEGA) Form 144 disclose?

The Form 144 discloses a proposed sale of 2,636 common shares through Morgan Stanley Smith Barney LLC, valued at $150,186.10, with an approximate sale date of 09/10/2025.

How were the shares acquired that are being sold in the PEGA Form 144?

The shares were acquired on 08/15/2024 via restricted stock vesting under a registered plan.

How material is the PEGA proposed sale to shareholders?

The proposed sale represents roughly 0.0015% of the issuer's reported 171,080,665 outstanding shares, which is immaterial to the overall share count.

Were any PEGA shares sold by this person in the past three months?

The filing reports "Nothing to Report" for securities sold during the past three months.

Which broker is handling the sale listed on the PEGA Form 144?

The broker listed is Morgan Stanley Smith Barney LLC Executive Financial Services, 1 New York Plaza, 8th Floor, New York, NY 10004.