Pegasystems (NASDAQ: PEGA) product chief sells 3,000 shares
Rhea-AI Filing Summary
PEGASYSTEMS INC (PEGA) reported that Chief Product Officer Rifat Kerim Akgonul sold a total of 3,000 shares of common stock on 2026-08-25. The sales were reported as open-market or private transactions at prices of $33.9801 and $34.00 per share. Post-transaction share holdings were not reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,000 shares
Net Sell
2 txns
Insider
Akgonul Rifat Kerim
Role
Chief Product Officer
Sold
3,000 shs ($102K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common stock | 1,700 | $33.9801 | $58K |
| Sale | Common stock | 1,300 | $34.00 | $44K |
Holdings After Transaction:
Common stock — 108,049 shares (Direct)
Key Figures
Shares sold (first transaction): 1,700 shares of common stock
Price per share (first transaction): $33.9801 per share
Shares sold (second transaction): 1,300 shares of common stock
+2 more
5 metrics
Shares sold (first transaction)
1,700 shares of common stock
Sale on 2026-08-25 by Chief Product Officer Rifat Kerim Akgonul
Price per share (first transaction)
$33.9801 per share
Open-market or private sale of 1,700 PEGA shares on 2026-08-25
Shares sold (second transaction)
1,300 shares of common stock
Sale on 2026-08-25 by Chief Product Officer Rifat Kerim Akgonul
Price per share (second transaction)
$34.00 per share
Open-market or private sale of 1,300 PEGA shares on 2026-08-25
Total shares sold
3,000 shares of common stock
Aggregate of two reported sales on 2026-08-25
Key Terms
open market or private transaction, Form 4, beneficially owned
3 terms
open market or private transaction market
"transaction_code_description: "Sale in open market or private transaction""
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
beneficially owned financial
"field for shares beneficially owned following the reported transactions"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
FAQ
What insider transaction did PEGA report for Rifat Kerim Akgonul?
PEGASYSTEMS INC reported that Chief Product Officer Rifat Kerim Akgonul sold a total of 3,000 shares of PEGA common stock on 2026-08-25 in two separate transactions.
Were the 2026-08-25 PEGA insider sales under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is unchecked, and there is no footnote indicating a trading plan. The sales are reported simply as open-market or private transactions.
Does the Form 4 state Rifat Kerim Akgonul’s PEGA holdings after the sale?
No. For these transactions, the field for shares beneficially owned following the reported transactions is not filled in, so this Form 4 does not state Akgonul’s post-transaction holdings.
AI-generated analysis. How Rhea-AI works. Not financial advice.
