Pegasystems director gets 3,868 shares, options

PEGASYSTEMS INC (PEGA) director Larry Weber reported equity compensation awards for his annual board term.

Rhea-AI Filing Summary

PEGASYSTEMS INC (PEGA) director Larry Weber reported equity compensation awards for his annual board term. He received 3,868 shares of unrestricted common stock as director consideration, increasing his direct common stock holdings to 14,500 shares. He was also granted a fully vested non-statutory stock option for 7,947 shares of common stock at an exercise price of $32.32 per share, expiring on August 15, 2036, also as consideration for his director service.

Insider Trade Summary

Grant/Award: 11,815 shares

Grant/Award 2 txns

Insider WEBER LARRY

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Stock Options F2	7,947	$0.00	$0.00
Grant/Award	Common stock F1	3,868	$0.00	$0.00

Holdings After Transaction: Stock Options — 7,947 contracts (Direct); Common stock — 14,500 shares (Direct)

Footnotes (2)

1. F1. Represents shares of unrestricted common stock received as consideration for the reporting person's service as a Director for the annual term.
2. F2. Non-statutory stock option fully vested on issuance and granted as consideration for the reporting person's services as a Director for the annual term.

Key Figures

Unrestricted common shares granted: 3,868 shares Post-transaction common stock holdings: 14,500 shares Stock options granted: 7,947 options +2 more

5 metrics

Unrestricted common shares granted 3,868 shares Common stock award as consideration for service as a Director for the annual term

Post-transaction common stock holdings 14,500 shares Direct PEGA common stock held by Larry Weber after the grant

Stock options granted 7,947 options Non-statutory stock option granted as director compensation

Option exercise price $32.32 per share Exercise price of the non-statutory stock option for 7,947 shares

Option expiration date August 15, 2036 Expiration of the non-statutory stock option granted to Larry Weber

Key Terms

Non-statutory stock option, unrestricted common stock, exercise price

3 terms

Non-statutory stock option financial

"Non-statutory stock option fully vested on issuance and granted as consideration"

A non-statutory stock option is a company-granted right that lets a person buy shares later at a set price but does not receive special tax-favored treatment under tax law. It matters to investors because when the option is used the holder usually pays ordinary income tax on the gain and the company records compensation cost and issues new shares, which can reduce existing owners’ percentage ownership—think of it like a coupon to buy stock that creates a taxable event and some dilution.

unrestricted common stock financial

"Represents shares of unrestricted common stock received as consideration"

exercise price financial

"conversion_or_exercise_price": "32.3200""

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What equity awards did PEGA director Larry Weber receive in this Form 4?

Larry Weber received 3,868 shares of unrestricted PEGA common stock and a fully vested stock option for 7,947 shares at an exercise price of $32.32 per share as compensation for his annual director term.

How many PEGA common shares does Larry Weber hold after these transactions?

After these awards, Larry Weber directly holds 14,500 shares of PEGA common stock. This reflects the addition of 3,868 unrestricted shares granted as consideration for his service as a director for the annual term.

What are the key terms of Larry Weber’s new PEGA stock option grant?

The new option covers 7,947 shares of PEGA common stock at an exercise price of $32.32 per share. It is a non-statutory stock option, fully vested on issuance, and expires on August 15, 2036.

Is Larry Weber’s PEGA stock option grant part of his director compensation?

Yes. The filing states the non-statutory stock option for 7,947 shares was granted as consideration for Larry Weber’s services as a Director for the annual term, and it vested fully on issuance.

Were Larry Weber’s recent PEGA transactions open-market buys or sells?

No. The reported PEGA transactions are grants/awards, not market trades. They include 3,868 unrestricted common shares and a fully vested stock option for 7,947 shares granted as director compensation.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 08/18/2026 - 04:37 PM EDT 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
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^*

WEBER LARRY

(Last) (First) (Middle)

C/O PEGASYSTEMS INC

225 WYMAN STREET, STE 300

(Street)

WALTHAM MASSACHUSETTS 02451

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	08/15/2026		A		3,868(1)	A	$0	14,500	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
Stock Options	$32.32	08/15/2026		A		7,947(2)		08/15/2026	08/15/2036	Common stock	7,947	$0	7,947	D

Explanation of Responses:

1. Represents shares of unrestricted common stock received as consideration for the reporting person's service as a Director for the annual term.

2. Non-statutory stock option fully vested on issuance and granted as consideration for the reporting person's services as a Director for the annual term.

Remarks:

	/s/ Ewelina Kemp, Attorney-in-Fact for Larry Weber	08/18/2026
	** 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.
* Form 4: SEC 1474 (03-26)