Pegasystems (NASDAQ: PEGA) director now holds 25,548 shares
Rhea-AI Filing Summary
PEGASYSTEMS INC (PEGA) reported that Director Christopher LaFond received equity awards as compensation for his annual board term. He acquired 3,868 shares of unrestricted common stock and a fully vested non-statutory stock option for 7,947 shares at an exercise price of $32.32 per share, expiring on August 15, 2036. Following these awards, he directly holds 25,548 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,868 shares
Net Buy
2 txns
Insider
LAFOND CHRISTOPHER
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 shares (Direct);
Common stock — 25,548 shares (Direct)
Footnotes (2)
- F1. Represents shares of unrestricted common stock received as consideration for the reporting person's service as a Director for the annual term.
- 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
Non-statutory stock option shares: 7,947 shares
Option exercise price: $32.32 per share
+2 more
5 metrics
Unrestricted common shares granted
3,868 shares
Common stock award for service as Director for the annual term
Non-statutory stock option shares
7,947 shares
Option grant for Director’s annual term, fully vested on issuance
Option exercise price
$32.32 per share
Exercise price of non-statutory stock option granted August 15, 2026
Option expiration date
August 15, 2036
Expiration of the 7,947-share non-statutory stock option
Common shares held after award
25,548 shares
Director’s direct common stock holdings following the 3,868-share grant
Key Terms
Non-statutory stock option, unrestricted common stock, transaction code
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"
transaction code regulatory
"transaction_code": "A","transaction_code_description": "Grant, award, or other acquisition"
FAQ
What insider transactions did PEGA director Christopher LaFond report on this Form 4?
Christopher LaFond reported two equity awards tied to his annual director service: 3,868 shares of unrestricted common stock and a fully vested non-statutory stock option for 7,947 shares at $32.32 per share, expiring August 15, 2036.
What are the terms of Christopher LaFond’s new PEGA stock option grant?
LaFond received a non-statutory stock option for 7,947 shares of PEGASYSTEMS INC common stock, fully vested on issuance, with an exercise price of $32.32 per share and an expiration date of August 15, 2036, granted for his annual director service.
Was Christopher LaFond’s PEGA equity grant part of his director compensation?
Yes. The Form 4 states the 3,868 unrestricted common shares and the 7,947-share non-statutory option were granted as consideration for LaFond’s services as a Director for the annual term, indicating these awards represent board compensation rather than open-market transactions.
Did the PEGA Form 4 indicate any stock sales or disposals by Christopher LaFond?
No sales or disposals were reported. The Form 4 only shows acquisitions: an award of 3,868 unrestricted common shares and a fully vested non-statutory option for 7,947 shares, both classified with transaction code A (grant, award, or other acquisition).
AI-generated analysis. How Rhea-AI works. Not financial advice.
