[Form 4] Pegasystems Inc Insider Trading Activity

Rhea-AI Filing Summary

Pegasystems director Christopher Lafond received equity compensation as part of his annual director service: he was granted 2,374 unrestricted common shares and a non-statutory stock option covering 5,168 shares with a $52.66 exercise price. The option is exercisable immediately and expires on 08/15/2035.

The report shows Lafond owned 21,680 shares after the reported transactions; that post-transaction total reflects a 2-for-1 stock split effective 06/20/2025. All reported equity was granted as consideration for director service and the non-statutory option fully vested on issuance.

Positive

• Director compensation disclosed transparently: specific share and option quantities, exercise price, and vesting are provided
• Post-transaction ownership adjusted for stock split: filings explicitly note the 2-for-1 split on 06/20/2025, clarifying share totals

Negative

• None.

Insights

Financial Analyst

TL;DR: Director received immediate equity compensation comprising shares and a fully vested option; total holdings adjusted for a recent 2-for-1 split.

This Form 4 discloses routine director compensation rather than market-driven insider trading. The grant includes 2,374 unrestricted shares and a fully vested non-statutory option for 5,168 shares at a $52.66 strike, exercisable upon grant and expiring 08/15/2035. The reporter's post-transaction beneficial ownership is 21,680 shares after a 2-for-1 split on 06/20/2025. The filing contains clear, specific amounts and dates, indicating standard governance-driven equity awards.

Corporate Governance Expert

TL;DR: Disclosure aligns with standard governance practice: annual director service awards, immediate vesting, and disclosure of split-adjusted holdings.

The filing states the equity was granted expressly as consideration for the reporting person's annual director service. The non-statutory option is described as fully vested on issuance, which is permissible for director compensation but notable for retention and tax treatment. The Form 4 properly discloses the transaction dates (08/15/2025) and post-split beneficial ownership, satisfying Section 16 reporting requirements.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

LAFOND CHRISTOPHER

(Last) (First) (Middle)

C/O PEGASYSTEMS INC

225 WYMAN STREET, STE 300

(Street)

WALTHAM MA 02451

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PEGASYSTEMS INC [ PEGA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common stock	08/15/2025		A		2,374(1)	A	$0	21,680(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option	$52.66	08/15/2025		A		5,168(3)		08/15/2025	08/15/2035	Common stock	5,168	$0	5,168	D

Explanation of Responses:

1. Represents shares of unrestricted common stock received as consideration for the reporting person's service as a director for the annual term.

2. Total shares beneficially owned reflect a 2-for-1 stock split effected on June 20, 2025.

3. Non-statutory stock option fully vested on issuance and granted as consideration for the reporting person's service as a director for the annual term.

Remarks:

	/s/ Ewelina Kemp, Attorney-in-Fact for Christopher Lafond	08/19/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Christopher Lafond report on the Form 4 for PEGA?

He reported receiving 2,374 unrestricted common shares and a fully vested non-statutory option for 5,168 shares at a $52.66 strike on 08/15/2025.

How many PEGA shares does Christopher Lafond beneficially own after the transaction?

21,680 shares beneficially owned following the reported transactions, reflecting a 2-for-1 split effective 06/20/2025.

When does the reported option for PEGA expire and is it exercisable?

The option expires on 08/15/2035 and is listed as exercisable on 08/15/2025 (fully vested on issuance).

What was the exercise price of the stock option reported on PEGA Form 4?

$52.66 per share is the stated conversion/exercise price for the non-statutory option.

Why were the shares and option granted to Christopher Lafond?

The filing states they were granted as consideration for the reporting person's service as a director for the annual term.