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Pegasystems (NASDAQ: PEGA) product chief sells 7,000 shares

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Pegasystems Inc. Chief Product Officer Rifat Kerim Akgonul sold 7,000 shares of common stock in an open-market transaction. The sale took place on February 13, 2026 at a price of $43.165 per share. After this transaction, Akgonul directly beneficially owned 105,894 shares of Pegasystems common stock.

Positive

  • None.

Negative

  • None.
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
Estimated average burden
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*
Akgonul Rifat Kerim

(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)
Chief Product Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026
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 02/13/2026 S 7,000 D $43.165 105,894 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/ Kathryn Leach, Attorney-in-Fact for Rifat Kerim Akgonul 02/17/2026
** 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 (PEGA) report for February 13, 2026?

Pegasystems reported that Chief Product Officer Rifat Kerim Akgonul sold 7,000 shares of common stock on February 13, 2026 at $43.165 per share. This was an open-market sale reported as a non-derivative transaction on Form 4.

How many Pegasystems (PEGA) shares does Rifat Kerim Akgonul own after the reported sale?

After the reported transaction, Rifat Kerim Akgonul beneficially owned 105,894 Pegasystems common shares directly. This figure reflects his holdings following the February 13, 2026 open-market sale of 7,000 shares at a price of $43.165 per share.

What was the price per share in the February 13, 2026 Pegasystems (PEGA) insider sale?

The reported sale by Pegasystems Chief Product Officer Rifat Kerim Akgonul was executed at $43.165 per share. The transaction involved 7,000 shares of common stock and was disclosed as an open-market sale on a Form 4 insider filing.

Who is the Pegasystems (PEGA) insider involved in the latest Form 4 filing?

The insider is Rifat Kerim Akgonul, Pegasystems’ Chief Product Officer. He reported an open-market sale of 7,000 shares of common stock on February 13, 2026 and held 105,894 shares directly after completing this transaction.

Was the February 13, 2026 Pegasystems (PEGA) insider transaction a buy or a sell?

The February 13, 2026 insider transaction was a sale. Chief Product Officer Rifat Kerim Akgonul executed an open-market sale of 7,000 Pegasystems common shares at $43.165 per share, as classified under transaction code “S” on the Form 4.
Pegasystems Inc

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7.41B
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Software - Application
Services-computer Processing & Data Preparation
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United States
WALTHAM