Pegasystems (PEGA) grants director 7,947 fully vested options at $32.32
Rhea-AI Filing Summary
PEGASYSTEMS INC (PEGA) director Sharon T. Rowlands reported equity awards for board service. On 2026-08-15, she received 3,868 shares of unrestricted common stock as consideration for her annual director term. The same day, she was granted a non-statutory stock option for 7,947 shares of common stock, fully vested on issuance, with an exercise price of $32.32 per share and an expiration date of 2036-08-15. Following these awards, she directly holds 3,868 common shares and the reported option, and indirectly holds 67,730 common shares through the “Sharon T. Rowlands Living Trust u/a/d 01/03/2020.”
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,868 shares
Net Buy
3 txns
Insider
Rowlands Sharon T
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 |
| holding | Common stock | -- | -- | -- |
Holdings After Transaction:
Stock Options — 7,947 shares (Direct);
Common stock — 3,868 shares (Direct);
Common stock — 67,730 shares (Indirect, Sharon T. Rowlands Living Trust u/a/d 01/03/2020)
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 stock grant: 3,868 shares
Stock option grant size: 7,947 shares
Option exercise price: $32.32 per share
+3 more
6 metrics
Unrestricted stock grant
3,868 shares
Common stock received as director compensation on 2026-08-15
Stock option grant size
7,947 shares
Non-statutory stock option granted on 2026-08-15
Option exercise price
$32.32 per share
Exercise price for the stock option granted 2026-08-15
Option expiration date
2036-08-15
Expiration of the non-statutory stock option
Direct shares after grant
3,868 shares
Total directly held common stock following reported transactions
Indirect trust holdings
67,730 shares
Common stock held via Sharon T. Rowlands Living Trust u/a/d 01/03/2020
Key Terms
Non-statutory stock option, unrestricted common stock, exercise price, indirect
4 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.
indirect financial
"ownership_type": "indirect""
FAQ
What equity awards did PEGA director Sharon T. Rowlands receive on 2026-08-15?
Sharon T. Rowlands received 3,868 shares of unrestricted PEGA common stock and a fully vested stock option for 7,947 shares as consideration for her annual director service term.
What are the key terms of Sharon T. Rowlands’ new PEGA stock option?
The non-statutory stock option covers 7,947 shares of PEGA common stock, has an exercise price of $32.32 per share, fully vested on issuance, and carries an expiration date of 2036-08-15.
Was Sharon T. Rowlands’ PEGA Form 4 filed under a Rule 10b5-1 plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not selected (aff_10b5_one is false), and the footnotes describe the awards as consideration for director service rather than transactions under a trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
