[Form 4] Pegasystems Inc Insider Trading Activity

Insider Trade Summary

Net Seller: 90,000 shares

Net Sell 8 txns

Insider TREFLER ALAN

Role C.E.O. & Chairman

Sold 90,000 shs ($5.17M)

Type	Security	Shares	Price	Value
Sale	Common stock	45,000	$57.35	$2.58M
Sale	Common stock	37,536	$57.32	$2.15M
Sale	Common stock	7,464	$58.34	$435K
holding	Common stock	--	--	--
holding	Common stock	--	--	--
holding	Common stock	--	--	--
holding	Common stock	--	--	--
holding	Common stock	--	--	--

Holdings After Transaction: Common stock — 32,916,692 shares (Direct); Common stock — 3,211,006 shares (Indirect, Alan N. Trefler Irrevocable Non-GST Trust of 2022); Common stock — 10,134,542 shares (Indirect, Alan N. Trefler Grantor Retained Annuity Trust I of 2023); Common stock — 4,381,472 shares (Indirect, Alan N. Trefler Grantor Retained Annuity Trust II of 2023); Common stock — 15,000,000 shares (Indirect, Alan N. Trefler Grantor Retained Annuity Trust I of 2024); Common stock — 12,000,000 shares (Indirect, Alan N. Trefler Grantor Retained Annuity Trust II of 2024)

Footnotes (4)

1. F1. Sold pursuant to a pre-arranged trading plan adopted by Mr. Trefler November 6, 2024 under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
2. F2. Represents the weighted average of sale prices, ranging from $56.94 to $57.93. The individual has provided the Company, and undertakes to provide to the staff of the Security and Exchange Commission or any security holder of the Company, upon request, full information regarding the number of shares sold at each separate price.
3. F3. Represents the weighted average of sale prices, ranging from $57.94 to $58.75. The individual has provided the Company, and undertakes to provide to the staff of the Security and Exchange Commission or any security holder of the Company, upon request, full information regarding the number of shares sold at each separate price.
4. F4. Represents the weighted average of sale prices, ranging from $56.86 to $57.69. The individual has provided the Company, and undertakes to provide to the staff of the Security and Exchange Commission or any security holder of the Company, upon request, full information regarding the number of shares sold at each separate price.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 08/07/2025 - 05:09 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
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).

X

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^*

TREFLER ALAN

(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)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	C.E.O. & Chairman

3. Date of Earliest Transaction (Month/Day/Year)
08/05/2025

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								3,211,006	I	Alan N. Trefler Irrevocable Non-GST Trust of 2022
Common stock								10,134,542	I	Alan N. Trefler Grantor Retained Annuity Trust I of 2023
Common stock								4,381,472	I	Alan N. Trefler Grantor Retained Annuity Trust II of 2023
Common stock								15,000,000	I	Alan N. Trefler Grantor Retained Annuity Trust I of 2024
Common stock								12,000,000	I	Alan N. Trefler Grantor Retained Annuity Trust II of 2024
Common stock	08/05/2025		S		37,536(1)	D	$57.32(2)	32,969,156	D
Common stock	08/05/2025		S		7,464(1)	D	$58.34(3)	32,961,692	D
Common stock	08/06/2025		S		45,000(1)	D	$57.35(4)	32,916,692	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:

1. Sold pursuant to a pre-arranged trading plan adopted by Mr. Trefler November 6, 2024 under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.

2. Represents the weighted average of sale prices, ranging from $56.94 to $57.93. The individual has provided the Company, and undertakes to provide to the staff of the Security and Exchange Commission or any security holder of the Company, upon request, full information regarding the number of shares sold at each separate price.

3. Represents the weighted average of sale prices, ranging from $57.94 to $58.75. The individual has provided the Company, and undertakes to provide to the staff of the Security and Exchange Commission or any security holder of the Company, upon request, full information regarding the number of shares sold at each separate price.

4. Represents the weighted average of sale prices, ranging from $56.86 to $57.69. The individual has provided the Company, and undertakes to provide to the staff of the Security and Exchange Commission or any security holder of the Company, upon request, full information regarding the number of shares sold at each separate price.

Remarks:

	/s/ Ewelina Kemp, Attorney-in-Fact for Alan Trefler	08/07/2025
	** 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.