STOCK TITAN

Pegasystems (PEGA) SVP Chief Accounting Officer sells 750 shares

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

Rhea-AI Filing Summary

Pegasystems Inc. senior executive EFSTATHIOS A. KOUNINIS reported selling company stock. As SVP and Chief Accounting Officer, he completed open-market sales totaling 750 shares of Pegasystems common stock on June 16, 2026 at prices around $32.31 per share, according to a Form 4 insider filing.

Positive

  • None.

Negative

  • None.
Insider KOUNINIS EFSTATHIOS A
Role SVP, Chief Accounting Officer
Sold 750 shs ($24K)
Type Security Shares Price Value
Sale Common stock 650 $32.3136 $21K
Sale Common stock 100 $32.315 $3K
Holdings After Transaction: Common stock — 2,476 shares (Direct, null)
Footnotes (1)
Total shares sold 750 shares Net insider sales reported for June 16, 2026
First sale size 100 shares Open-market sale of common stock on June 16, 2026
First sale price $32.3150 per share Price for 100-share open-market sale
Second sale size 650 shares Open-market sale of common stock on June 16, 2026
Second sale price $32.3136 per share Price for 650-share open-market sale
Role of insider SVP, Chief Accounting Officer Officer title of reporting person at Pegasystems Inc.
Form 4 regulatory
"according to a Form 4 insider filing"
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.
open-market sale financial
"transaction_action is described as an open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common stock financial
"security_title for both transactions is Common stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
SVP, Chief Accounting Officer financial
"officer_title is listed as SVP, Chief Accounting Officer"
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SEC Form 4
FORM 4UNITED 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*
KOUNINIS EFSTATHIOS A

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP, Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/16/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common stock06/16/2026S650D$32.31362,476D
Common stock06/16/2026S100D$32.3152,376D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
Remarks:
/s/ Kathryn Leach, Attorney-in-Fact for Efstathios A. Kouninis06/18/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did Pegasystems (PEGA) report for EFSTATHIOS A. KOUNINIS?

Pegasystems reported that SVP and Chief Accounting Officer EFSTATHIOS A. KOUNINIS sold 750 shares of common stock in the open market on June 16, 2026, as disclosed in a Form 4 insider trading report.

How many Pegasystems (PEGA) shares did the SVP Chief Accounting Officer sell?

The SVP and Chief Accounting Officer sold a total of 750 Pegasystems common shares. The filing shows two separate open-market sale transactions of 100 shares and 650 shares completed on June 16, 2026.

At what prices were the Pegasystems (PEGA) insider sales executed?

The reported insider sales were executed at prices near $32.31 per share. One 100-share trade was at $32.3150 per share, and a 650-share trade occurred at $32.3136 per share, based on the Form 4 disclosure.

Was the Pegasystems (PEGA) insider transaction a purchase or a sale?

The Pegasystems insider activity was a sale, not a purchase. EFSTATHIOS A. KOUNINIS executed two open-market sale transactions in Pegasystems common stock, totaling 750 shares sold on June 16, 2026.

Does the Pegasystems (PEGA) Form 4 show any option exercises or derivative trades?

The Form 4 only reports non-derivative common stock sales. The derivative section is empty, and the transaction summary shows no option exercises or other derivative security transactions for this reporting period.