[Form 4] Pegasystems Inc Insider Trading Activity

Rhea-AI Filing Summary

John Gerard Higgins, Chief, Client & Partner Success at Pegasystems Inc. (PEGA), reported multiple transactions on 09/05/2025 and 09/07/2025. The Form 4 shows two restricted stock unit award entries (2,200 and 2,278 RSUs) that represent rights to receive one share per unit upon vesting, with specified exercisable and expiration dates and staggered vesting: 25% vested on the Date Exercisable and the remainder vesting quarterly over three years. The filing also reports two dispositions of common stock (1,228 shares at $53.81 and 1,272 shares at $55.51). Following the reported transactions the filing shows beneficial ownership totals changing between 41,140 and 43,418 shares in different lines. The form is signed by an attorney-in-fact on 09/09/2025.

Insights

Financial Analyst

TL;DR: Routine insider RSU awards and small share disposals; likely compensation-related and not materially dilutive.

The Form 4 documents receipt of 2,200 and 2,278 restricted stock units and contemporaneous dispositions of 1,228 and 1,272 common shares at $53.81 and $55.51 respectively. The RSU entries specify vesting mechanics (25% at the stated Date Exercisable, remainder quarterly over three years). Changes in beneficial ownership are shown across lines (ranging ~41k–43k shares). For investors, these are routine executive compensation and selling activities disclosed under Section 16.

Corporate Governance Expert

TL;DR: Disclosure is standard: issuance of RSUs and reported share sales by an officer; timing and signatures are in order.

The filing identifies the reporting person as an officer and includes required detail for non-derivative and derivative holdings, including exercisable/expiration dates for the RSUs and an explicit explanation that each RSU equals one share upon vesting. The form is properly executed by counsel. No governance issues or unusual transfer mechanisms are presented in the disclosed transactions.

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

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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)
09/05/2025

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	09/05/2025		M		2,200(1)	A	$0	42,368	D
Common stock	09/05/2025		F		1,228	D	$53.81	41,140	D
Common stock	09/07/2025		M		2,278(1)	A	$0	43,418	D
Common stock	09/07/2025		F		1,272	D	$55.51	42,146	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(1)	$0	09/05/2025		M			2,200	03/05/2025(2)	03/05/2028	Common stock	2,200	$0	22,012	D
Restricted Stock Units(1)	$0	09/07/2025		M			2,278	03/07/2024(2)	03/07/2027	Common stock	2,278	$0	13,670	D

Explanation of Responses:

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

2. This restricted stock unit award vested 25% on the Date Exercisable in Table II, with the remaining 75% vesting in equal quarterly amounts over the remaining 3 years.

Remarks:

	/s/ Ewelina Kemp, Attorney-in-Fact for John Gerard Higgins	09/09/2025
	** 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).
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