Pegasystems Insider Sale: Larry Weber Disposes of 2,636 Shares

Rhea-AI Filing Summary

Pegasystems director Larry Weber reported a sale of company stock. The Form 4 shows a transaction on 09/10/2025 where 2,636 shares were sold at $56.98 each, leaving Mr. Weber with 10,632 shares beneficially owned. The form was signed by an attorney-in-fact on 09/11/2025. No derivative transactions or additional remarks were disclosed.

Positive

• Timely and complete disclosure of the insider sale with transaction date, price, and post-sale holdings
• Clear identification of reporting person as a director and use of proper Form 4 procedures

Negative

• Insider sale of 2,636 shares reduces beneficial ownership, which some investors may view negatively

Insights

Financial Analyst

TL;DR: A routine insider sale by a director; transaction size appears modest relative to typical institutional moves.

The filing documents a single non-derivative sale of 2,636 shares at $56.98 on 09/10/2025, reducing beneficial ownership to 10,632 shares. This is a straightforward disclosure under Section 16; there are no option exercises, purchases, or complex derivative actions reported. The transaction provides liquidity for the insider but does not, by itself, indicate a change in company fundamentals.

Corporate Governance Expert

TL;DR: Compliance appears complete and timely; signature by attorney-in-fact is properly disclosed.

The Form 4 is filed for a director and is marked as a single reporting person filing. The document includes the reporting persons address, relationship to the issuer (Director), transaction code (S for sale), and the post-transaction beneficial ownership. The signature block shows an attorney-in-fact executed the filing on 09/11/2025, which is a common practice for insiders and consistent with disclosure 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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hours per response:			0.5

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^*

WEBER LARRY

(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)
09/10/2025

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	09/10/2025		S		2,636	D	$56.98	10,632	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

Explanation of Responses:

Remarks:

	/s/ Ewelina Kemp, Attorney-in-Fact for Larry Weber	09/11/2025
	** 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 transaction did Larry Weber report on the PEGA Form 4?

He reported a sale of 2,636 common shares on 09/10/2025 at a price of $56.98 per share.

How many PEGA shares does Larry Weber beneficially own after the reported transaction?

Following the sale, he beneficially owns 10,632 shares.

Who signed the Form 4 for Larry Weber and when was it signed?

The form was signed by Ewelina Kemp, Attorney-in-Fact for Larry Weber on 09/11/2025.

Was any derivative activity reported for PEGA in this filing?

No. Table II shows no derivative securities acquired, disposed of, or beneficially owned.

What relationship to the issuer does the reporting person have?

The filer is identified as a Director of Pegasystems Inc.