Alan Trefler plans sale of 50,000 PEGA shares

Pegasystems insider Alan Trefler filed a notice of proposed sale under Rule 144 to sell 50,000 shares of the company’s common stock on the Nasdaq.

Accepted by SEC EDGAR 02/17/2026 - 03:27 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Pegasystems insider Alan Trefler filed a notice of proposed sale under Rule 144 to sell 50,000 shares of the company’s common stock on the Nasdaq. The shares are to be sold through Wells Fargo Clearing Services with an indicated aggregate market value of $2,230,219.83, compared with 169,043,716 shares of common stock outstanding. The 50,000 shares were acquired as a gift on 12/19/2025, and the donor originally acquired them on 05/08/1997. The filing also lists multiple prior sales of Pegasystems common shares by Trefler over the past three months, with individual transactions such as 28,354 shares sold on 12/17/2025 for $1,636,309.34 and 37,306 shares sold on 01/22/2026 for $1,855,227.38. By signing, the filer represents that he is not aware of undisclosed material adverse information about the company.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does Alan Trefler’s Form 144 filing for PEGA disclose?

The filing discloses Alan Trefler’s intent to sell 50,000 Pegasystems common shares on Nasdaq. The planned sale has an indicated market value of $2,230,219.83 and is made under Rule 144 for resales of restricted or control securities.

How many Pegasystems (PEGA) shares does Alan Trefler plan to sell?

Alan Trefler plans to sell 50,000 common shares of Pegasystems under Rule 144. The filing shows an aggregate market value of $2,230,219.83 for these shares, compared with 169,043,716 shares of Pegasystems common stock outstanding at the time referenced.

At what market value are the 50,000 PEGA shares in the Form 144 filing?

The 50,000 Pegasystems common shares in the Form 144 are listed with an aggregate market value of $2,230,219.83. This amount reflects the approximate market value used for the notice and is shown alongside the total 169,043,716 shares outstanding.

How and where will the Form 144 PEGA shares be sold?

The planned 50,000 Pegasystems shares are to be sold through Wells Fargo Clearing Services. The filing specifies that the securities are common shares to be sold on the Nasdaq exchange, consistent with the requirements for a Rule 144 resale notice.

How did Alan Trefler acquire the 50,000 Pegasystems shares he plans to sell?

The filing states the 50,000 Pegasystems common shares were acquired as a gift on 12/19/2025. The donor, identified as Alan Trefler, originally acquired the underlying shares on 05/08/1997, and the nature of payment is listed as N/A.

What prior Pegasystems (PEGA) share sales by Alan Trefler are listed?

The notice lists several prior sales of Pegasystems common shares in the past three months. Examples include 28,354 shares sold on 12/17/2025 for $1,636,309.34 and 37,306 shares sold on 01/22/2026 for $1,855,227.38 in gross proceeds.

What representation does the seller make in the PEGA Form 144 filing?

By signing the notice, the seller represents that he does not know any material adverse information about Pegasystems’ current or prospective operations that has not been publicly disclosed, consistent with the standard representation language in Rule 144 notices.

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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	0001032235
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	PEGASYSTEMS INC
SEC File Number	001-11859
Address of Issuer	225 WYMAN STREET STE 300 WALTHAM MASSACHUSETTS 02451-1293
Phone	6173749600
Name of Person for Whose Account the Securities are To Be Sold	TREFLER ALAN
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	Officer
Relationship to Issuer	Director
Relationship to Issuer	10% Stockholder

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	Wells Fargo Clearing Services 1 N. Jefferson Ave. St. Louis MO 63103	50000	2230219.83	169043716	02/17/2026	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	12/19/2025	Gift	Alan Trefler		05/08/1997	50000	12/19/2025	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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Alan Trefler 225 Wyman Street STE 300 Waltham MA 02451-1293	Common Shares of PEGA	12/17/2025	28354	1636309.34
Alan Trefler 225 Wyman Street STE 300 Waltham MA 02451-1293	Common Shares of PEGA	12/17/2025	14593	857630.61
Alan Trefler 225 Wyman Street STE 300 Waltham MA 02451-1293	Common Shares of PEGA	12/17/2025	2053	121825.02
Alan Trefler 225 Wyman Street STE 300 Waltham MA 02451-1293	Common Shares of PEGA	12/18/2025	21281	1244938.50
Alan Trefler 225 Wyman Street STE 300 Waltham MA 02451-1293	Common Shares of PEGA	12/18/2025	23719	1395863.15
Alan Trefler 225 Wyman Street STE 300 Waltham MA 02451-1293	Common Shares of PEGA	01/21/2026	18092	863531.16
Alan Trefler 225 Wyman Street STE 300 Waltham MA 02451-1293	Common Shares of PEGA	01/21/2026	7824	380324.64
Alan Trefler 225 Wyman Street STE 300 Waltham MA 02451-1293	Common Shares of PEGA	01/21/2026	7172	357022.16
Alan Trefler 225 Wyman Street STE 300 Waltham MA 02451-1293	Common Shares of PEGA	01/21/2026	11790	598814.10
Alan Trefler 225 Wyman Street STE 300 Waltham MA 02451-1293	Common Shares of PEGA	01/21/2026	122	6264.70
Alan Trefler 225 Wyman Street STE 300 Waltham MA 02451-1293	Common Shares of PEGA	01/22/2026	7694	375082.50
Alan Trefler 225 Wyman Street STE 300 Waltham MA 02451-1293	Common Shares of PEGA	01/22/2026	37306	1855227.38

144: Remarks and Signature

Remarks	Shares were sold in the Trefler Foundation. Alan Trefler is an officer of the foundation and an officer, director and 10 percent shareholder of Pegasystems, Inc.
Date of Notice	02/17/2026
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	Alan Trefler
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)