Form 144 filed to sell 8,383 PEGA shares (NASDAQ: PEGA)

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC submitted a Form 144 relating to PEGA common stock, listing 8,383 shares to be sold on 05/05/2026 in connection with an exercise of options under a registered plan. The filing shows the sale method as cash and identifies the transaction role as Issuer.

The excerpt also lists recent dispositions by Kenneth Stillwell and Kenneth Stillwell Jr., including 44,000 shares sold on 03/10/2026 for $1,971,670.80 and smaller sales on 03/02/2026 and 04/01/2026.

Insights

Securities Counsel

Form 144 registers a proposed sale of 8,383 PEGA shares tied to option exercise.

The filing lists 8,383 shares to be sold on 05/05/2026 and describes the transfer as resulting from an exercise of options under a registered plan. It identifies the transaction method as cash and the role as Issuer, which is typical when exercised shares are delivered in connection with an issuer-administered plan.

Cash‑flow treatment and the ultimate purchaser are set out as cash and Issuer in the excerpt; additional documents would show pricing mechanics and compliance with Rule 144 timing and holding‑period requirements.

Key Figures

Shares listed for sale: 8,383 shares Numeric amount adjacent to sale row: 305,560.35 Insider sale (example): 44,000 shares +2 more

5 metrics

Shares listed for sale 8,383 shares Securities to be sold on 05/05/2026

Numeric amount adjacent to sale row 305,560.35 Value shown in filer row dated 05/05/2026 (label not explicit in excerpt)

Insider sale (example) 44,000 shares Sold on 03/10/2026 for <money>$1,971,670.80</money>

Insider smaller sales 1,000 shares; 1,000 shares Sold on 03/02/2026 and 04/01/2026 with proceeds <money>$43,370.00</money> and <money>$43,170.00</money>

Shares outstanding (row value) 167,657,568 Number shown in filer row dated 05/05/2026

Key Terms

Form 144, exercise of options under a registered plan, Issuer

3 terms

Form 144 regulatory

"Filer Information | 144: Filer Information"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

exercise of options under a registered plan financial

"Common | 05/05/2026 | Exercise of options under a registered plan"

Issuer financial

"Exercise of options under a registered plan | Issuer"

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	8383	305560.35	167657568	05/05/2026	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	05/05/2026	Exercise of options under a registered plan	Issuer			8383	05/05/2026	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
KENNETH STILLWELL 225 Wyman Street Waltham MA 02451	COMMON	04/01/2026	1000	43170.00
KENNETH STILLWELL JR. 225 Wyman Street Waltham MA 02451	Common	03/10/2026	44000	1971670.80
KENNETH STILLWELL 225 Wyman Street Waltham MA 02451	COMMON	03/02/2026	1000	43370.00

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 the PEGA Form 144 report?

The filing reports a proposed sale of 8,383 shares of common stock on 05/05/2026, described as resulting from an exercise of options under a registered plan. It lists the sale method as cash and the role as Issuer.

Who is the filing agent listed on the PEGA Form 144?

The filer is Morgan Stanley Smith Barney LLC Executive Financial Services at 1 New York Plaza, 8th Floor. The excerpt places the transaction date as 05/05/2026 and identifies the market as NASDAQ.

Were there recent related sales by insiders on the filing?

Yes. The excerpt shows recent dispositions by Kenneth Stillwell and Kenneth Stillwell Jr., including a sale of 44,000 shares on 03/10/2026 for $1,971,670.80, plus two smaller sales of 1,000 shares each on 03/02/2026 and 04/01/2026.

Does the Form 144 state proceeds or pricing for the 8,383 shares?

The excerpt shows a numeric amount 305560.35 adjacent to the 8,383 shares in the filer row, dated 05/05/2026. The filing text does not label that number explicitly as proceeds in the provided excerpt.

What is the significance of 'exercise of options under a registered plan' on this form?

It indicates the shares listed arise from an option exercise under a registered plan, which is a routine source of shares offered for resale. The excerpt attaches the phrase directly to the 05/05/2026 entry and identifies the method as cash.