Pegasystems exec exercises RSUs, withholds shares for tax

Pegasystems Inc. executive John Gerard Higgins reported multiple stock transactions involving restricted stock units and common shares on 2026-03-01.

Rhea-AI Filing Summary

Pegasystems Inc. executive John Gerard Higgins reported multiple stock transactions involving restricted stock units and common shares on 2026-03-01. He exercised several batches of restricted stock units at $0.00 per unit, converting them into directly held common stock.

Following these derivative exercises, his direct common stock holdings were reported at 47,729 shares in one entry. In a separate transaction coded "F," 1,397 common shares at $43.73 per share were withheld to cover tax obligations related to the equity awards, leaving 46,332 common shares directly owned.

Footnotes explain that each restricted stock unit converts into one share of common stock after vesting, with some awards vesting 20% initially and the remaining 80% in equal quarterly installments over four years, and others vesting 5% initially with the remaining 95% vesting quarterly over five years.

Insider Trade Summary

2,500 shares exercised/converted

Exercise 11 txns

Insider Higgins John Gerard

Role Chief, Client &Partner Success

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	1,028	$0.00	$0.00
Exercise	Restricted Stock Units	920	$0.00	$0.00
Exercise	Restricted Stock Units	184	$0.00	$0.00
Exercise	Restricted Stock Units	184	$0.00	$0.00
Exercise	Restricted Stock Units	184	$0.00	$0.00
Exercise	Common stock	1,028	$0.00	$0.00
Exercise	Common stock	920	$0.00	$0.00
Exercise	Common stock	184	$0.00	$0.00
Exercise	Common stock	184	$0.00	$0.00
Exercise	Common stock	184	$0.00	$0.00
Exercise Price or Tax Liability	Common stock	1,397	$43.73	$61K

Holdings After Transaction: Restricted Stock Units — 6,328 contracts (Direct); Common stock — 46,332 shares (Direct)

Footnotes (3)

1. F1. Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock.
2. F2. 20% of the restricted stock units vested on the Date Exercisable in Table II, and the remaining 80% vest in equal quarterly installments over the following four years.
3. F3. 5% of the restricted stock units vested on the Date Exercisable in Table II, with the remaining 95% vesting in equal quarterly installments over the following five years.

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Accepted by SEC EDGAR 03/03/2026 - 04:13 PM Learn about SEC filing dates

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^*

Higgins John Gerard

(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, Client &Partner Success

3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026

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	03/01/2026		M		1,028	A	$0	46,257	D
Common stock	03/01/2026		M		920	A	$0	47,177	D
Common stock	03/01/2026		M		184	A	$0	47,361	D
Common stock	03/01/2026		M		184	A	$0	47,545	D
Common stock	03/01/2026		M		184	A	$0	47,729	D
Common stock	03/01/2026		F		1,397	D	$43.73	46,332	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
Restricted Stock Units	$0	03/01/2026		M			1,028(1)	03/01/2023(2)	03/01/2027	Common stock	1,028	$0	4,114	D
Restricted Stock Units	$0	03/01/2026		M			920(1)	06/01/2021(3)	03/01/2026	Common stock	920	$0	0	D
Restricted Stock Units	$0	03/01/2026		M			184(1)	03/01/2024(2)	03/01/2028	Common stock	184	$0	1,476	D
Restricted Stock Units	$0	03/01/2026		M			184(1)	03/01/2022(2)	03/01/2026	Common stock	184	$0	0	D
Restricted Stock Units	$0	03/01/2026		M			184(1)	03/01/2023(2)	03/01/2027	Common stock	184	$0	738	D

Explanation of Responses:

1. Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock.

2. 20% of the restricted stock units vested on the Date Exercisable in Table II, and the remaining 80% vest in equal quarterly installments over the following four years.

3. 5% of the restricted stock units vested on the Date Exercisable in Table II, with the remaining 95% vesting in equal quarterly installments over the following five years.

Remarks:

	/s/Kathryn Leach, Attorney-in-Fact for John Gerard Higgins	03/03/2026
	** 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).
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