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Kenneth Stillwell sells PEGA (NASDAQ: PEGA) shares in Form 144 filing

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

Rhea-AI Filing Summary

PEGA Form 144 notice reports insider sales of Common stock by Kenneth Stillwell. The filing lists sales of 1,000 shares on 03/02/2026 ($43,370.00), 1,000 shares on 02/02/2026 ($43,690.00), and 4,000 shares on 01/02/2026 ($239,960.00).

The filing also lists Common shares linked to option exercises under a registered plan on 07/28/2025 (33,012 shares) and 02/12/2026 (10,988 shares), with cash exercises noted.

Positive

  • None.

Negative

  • None.

Insights

Form 144 shows affiliate sales and option exercises by an insider.

The filing lists three open-market dispositions by Kenneth Stillwell totaling reported sales of 6,000 shares across January–March 2026, with dollar proceeds shown per trade. It also records option exercises under a registered plan on 07/28/2025 and 02/12/2026 (33,012 and 10,988 shares) exercised for cash.

These entries are administrative disclosures of resale activity; cash‑flow treatment indicates proceeds to the selling holder. Subsequent filings would show any further dispositions or registration statements if offered for resale.

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 does the PEGA Form 144 disclose about Kenneth Stillwell's recent trades?

The form discloses three sales by Kenneth Stillwell: 1,000 shares on 03/02/2026, 1,000 shares on 02/02/2026, and 4,000 shares on 01/02/2026, with proceeds listed for each trade.

Does the filing show any option exercises related to PEGA stock?

Yes. The filing lists option exercises under a registered plan on 07/28/2025 for 33,012 shares and on 02/12/2026 for 10,988 shares, both indicated as cash exercises.

Who is the registered broker or dealer listed on the PEGA Form 144?

The filing lists Morgan Stanley Smith Barney LLC Executive Financial Services at 1 New York Plaza as the broker/dealer associated with the transaction reporting on the form.

Are the dollar amounts for each sale shown in the Form 144 for PEGA?

Yes. The filing shows proceeds for each reported sale: $43,370.00 (03/02/2026), $43,690.00 (02/02/2026), and $239,960.00 (01/02/2026), tied to the listed share quantities.

Does this Form 144 indicate whether proceeds go to the company or the selling holder for PEGA?

The document identifies these as sales by the selling holder (affiliate) and shows cash proceeds tied to each trade; it does not state that proceeds are paid to the issuer in the excerpt provided.
Pegasystems Inc

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7.28B
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Software - Application
Services-computer Processing & Data Preparation
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United States
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