[144] Pegasystems Inc SEC Filing

Rhea-AI Filing Summary

Pegasystems Inc (PEGA) Form 144 notice reports a proposed sale of 5,000 common shares through Morgan Stanley Smith Barney on NASDAQ with an aggregate market value of $269,832.50 and approximately 171,080,665 shares outstanding. The shares offered were largely restricted stock that vested under a registered plan on 03/02/2018 (3,990 shares) and in 2017 (578 and 432 shares). The filing lists recent dispositions by the same seller, Rifat Kerim Akgonul: 2,000 shares sold on 09/02/2025 for $106,808.20 and 9,879 shares sold on 07/24/2025 for $571,172.17. The signer affirms no undisclosed material adverse information and notes the legal warning about intentional misstatements.

Insights

Securities Analyst

TL;DR: Routine insider sale notice; not a material corporate event but discloses recent insider liquidity.

This Form 144 documents a proposed sale of 5,000 shares by an individual who previously sold shares in July and September 2025. The shares to be sold originated from restricted stock vesting events in 2017 and 2018. The filing discloses the broker, exchange, and aggregate market value, which helps market participants track insider liquidity. There are no statements about issuer operations, earnings, or corporate actions in this notice.

Corporate Governance Expert

TL;DR: Disclosure meets Rule 144 mechanics; provides transfer and timing details but no governance concerns stated.

The notice includes acquisition dates and nature (restricted stock vesting under a registered plan) and lists prior sales in the past three months by the same person, satisfying disclosure requirements. The signer affirms absence of undisclosed material information. The document contains no indication of unusual trading patterns, related-party transactions, or governance actions requiring further scrutiny based on the filing alone.

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	5000	269832.50	171080665	09/03/2025	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	03/02/2018	Restricted stock vesting under a registered plan	Issuer			3990	03/02/2018	Not Applicable
Common	09/02/2017	Restricted stock vesting under a registered plan	Issuer			578	09/02/2017	Not Applicable
Common	09/09/2017	Restricted stock vesting under a registered plan	Issuer			432	09/09/2017	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

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	09/02/2025	2000	106808.20
RIFAT KERIM AKGONUL 225 Wyman Street Waltham MA 02451	Common	07/24/2025	9879	571172.17

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 the PEGA Form 144 filed by Rifat Kerim Akgonul report?

The notice reports a proposed sale of 5,000 common shares on NASDAQ via Morgan Stanley Smith Barney with aggregate market value $269,832.50.

Where and when were the shares acquired that are being sold?

Most shares were acquired via restricted stock vesting on 03/02/2018, with additional vesting entries on 09/02/2017 and 09/09/2017.

Has the seller sold other PEGA shares recently?

Yes. The filing lists sales of 2,000 shares on 09/02/2025 for $106,808.20 and 9,879 shares on 07/24/2025 for $571,172.17.

Does the Form 144 assert any undisclosed material information about Pegasystems?

The signer represents they do not know any material adverse information about the issuer that has not been publicly disclosed.

Who is the broker handling the proposed sale?

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