Pegasystems Inc. (PEGA) COO/CFO reports 1,908-share stock gift to children

Rhea-AI Filing Summary

Pegasystems Inc. executive Kenneth Stillwell, who serves as COO and CFO, reported a gift of company stock to his children. On 12/12/2025, he transferred 1,908 shares of Pegasystems common stock at a price of $0 per share, reflecting a personal, non-cash gift.

Following this transaction, Stillwell directly holds 126,880 shares of Pegasystems common stock and is listed as having an additional 1,908 shares held indirectly for his children. He disclaims beneficial ownership of the shares held by his children except to the extent of any pecuniary interest.

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^*

STILLWELL KENNETH

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
12/12/2025

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	12/12/2025		G		1,908(1)	D	$0	126,880	D
Common stock	12/12/2025		G		1,908(1)	A	$0	1,908	I	Reporting Person's children

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

Explanation of Responses:

1. These transactions reflect Mr. Stillwell's gift of shares to his children. Mr. Stillwell disclaims beneficial ownership of the shares held by his children except to the extent of his pecuniary interest therein.

Remarks:

	/s/Kathryn Leach, Attorney-in-Fact for Kenneth Stillwell	12/16/2025
	** 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 insider transaction did Pegasystems Inc (PEGA) disclose?

Pegasystems Inc reported that executive Kenneth Stillwell made a gift of 1,908 shares of Pegasystems common stock to his children on 12/12/2025 at a price of $0 per share.

How many Pegasystems (PEGA) shares does Kenneth Stillwell hold after the gift?

After the reported gift, Kenneth Stillwell directly owns 126,880 shares of Pegasystems common stock and is shown with 1,908 shares held indirectly for his children.

What is Kenneth Stillwell’s role at Pegasystems Inc (PEGA)?

Kenneth Stillwell is identified as an officer of Pegasystems Inc, holding the titles of COO (Chief Operating Officer) and CFO (Chief Financial Officer).

Was the Pegasystems (PEGA) share transfer a sale or a gift?

The transaction is coded as “G”, indicating a gift. The 1,908 shares were transferred to Mr. Stillwell’s children at a reported price of $0 per share.

Does Kenneth Stillwell claim full beneficial ownership of the Pegasystems shares held by his children?

No. The disclosure states that Mr. Stillwell disclaims beneficial ownership of the shares held by his children, except to the extent of his pecuniary interest in those shares.

How is the ownership of the gifted Pegasystems (PEGA) shares reported?

The 1,908 gifted shares are listed as indirectly owned through the reporting person’s children, while his directly owned shares are reported separately.