STOCK TITAN

[Form 4] PEGASYSTEMS INC Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
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Form Type
4
Rhea-AI Filing Summary

Pegasystems (PEGA) Chief Product Officer Rifat Kerim Akgonul filed a Form 4 reporting multiple option exercises and a share disposition on 10/24/2025. He exercised stock options for 25,000 shares at $26.24, 15,000 shares at $29.48, 10,000 shares at $32.18, and 20,000 shares at $16.95 (transaction code M). He also disposed of 47,692 shares at $65.61 (code F).

Following these transactions, beneficial ownership stood at 113,688 shares, held directly. The options exercised relate to grants with vesting schedules noted: certain grants vested 20% on the initial exercisability date with the remaining 80% in equal quarterly installments over four years, and one grant vesting in equal quarterly amounts over four years from its initial exercisability date.

Il Chief Product Officer di Pegasystems (PEGA), Rifat Kerim Akgonul, ha predisposto un modulo Form 4 riferendo diverse esercitazioni di opzioni e una disposizione di azioni il 24/10/2025. Ha esercitato opzioni su azioni per 25.000 azioni a 26,24 $, 15.000 azioni a 29,48 $, 10.000 azioni a 32,18 $ e 20.000 azioni a 16,95 $ (codice di transazione M). Ha inoltre disposto di 47.692 azioni a 65,61 $ (codice F).

Dopo queste operazioni, la proprietà beneficiaria ammontava a 113.688 azioni, detenute direttamente. Le opzioni esercitate riguardano grant con piani di vesting indicati: alcune grant hanno maturato il 20% nella data iniziale di esercitabilità, con il restante 80% ripartito in rate trimestrali uguali nel corso di quattro anni, e un'altra grant vanta la maturazione in importi trimestrali uguali nel corso di quattro anni dalla sua data iniziale di esercitabilità.

El Chief Product Officer de Pegasystems (PEGA), Rifat Kerim Akgonul, presentó un Form 4 reportando múltiples ejercicios de opciones y una disposición de acciones el 24/10/2025. Ejerció opciones sobre acciones para 25,000 acciones a 26,24$, 15,000 a 29,48$, 10,000 a 32,18$ y 20,000 a 16,95$ (código de transacción M). También dispuso de 47,692 acciones a 65,61$ (código F).

Después de estas operaciones, la participación beneficiaria quedó en 113,688 acciones, mantenidas directamente. Las opciones ejercidas se relacionan con otorgamientos con calendarios de vesting indicados: algunos otorgamientos se consolidaron en un 20% en la fecha inicial de ejercitabilidad con el 80% restante en cuotas trimestrales iguales durante cuatro años, y un otorgamiento adicional vence en cuotas trimestrales iguáles durante cuatro años desde su fecha inicial de ejercitabilidad.

Pegasystems (PEGA) 최고제품책임자 Rifat Kerim Akgonul이 2025년 10월 24일 다수의 옵션 행사 및 주식 처분을 보고하는 Form 4를 제출했습니다. 그는 25,000주를 26.24달러에, 15,000주를 29.48달러에, 10,000주를 32.18달러에, 20,000주를 16.95달러에 행사했고(거래 코드 M). 또한 47,692주를 65.61달러에 처분했습니다(코드 F).

이 거래 후 실질 보유 주식 수는 직접 보유로 113,688주에 이르렀습니다. 행사된 옵션은 명시된 베스팅 일정과 관련이 있습니다: 특정 보조금은 최초 행사 가능일에 20%가 베스트되고 남은 80%는 4년간 매 분기에 균등하게 분할 vesting되며, 또 다른 보조금은 최초 행사 가능일로부터 4년간 매 분기 균등하게 vesting됩니다.

Rifat Kerim Akgonul, directeur produit chez Pegasystems (PEGA), a déposé un Form 4 signalant plusieurs exercices d'options et une cession d'actions le 24/10/2025. Il a exercé des options d'achat sur actions pour 25 000 actions à 26,24 $, 15 000 actions à 29,48 $, 10 000 actions à 32,18 $ et 20 000 actions à 16,95 $ (code de transaction M). Il a également cédé 47 692 actions à 65,61 $ (code F).

Suite à ces transactions, la propriété bénéficiaire s'élevait à 113 688 actions, détenues directement. Les options exercées concernent des subventions avec des calendriers de vesting indiqués : certaines subventions ont été acquises à 20 % à la date initiale d'exercice avec les 80 % restants répartis en versements trimestriels égaux sur une période de quatre ans, et une subvention vesting en montants trimestriels égaux sur quatre ans à partir de sa date initiale d'éligibilité.

Pegasystems (PEGA) Chief Product Officer Rifat Kerim Akgonul hat am 24.10.2025 ein Form 4 eingereicht und mehrere Optionsausübungen sowie eine Aktienveräußerung gemeldet. Er übte Aktienoptionen für 25.000 Aktien zu 26,24 $, 15.000 Aktien zu 29,48 $, 10.000 Aktien zu 32,18 $ und 20.000 Aktien zu 16,95 $ (Transaktionscode M). Er veräußerte auch 47.692 Aktien zu 65,61 $ (Code F).

Nach diesen Transaktionen belief sich das wirtschaftliche Eigentum direkt auf 113.688 Aktien. Die ausgeübten Optionen beziehen sich auf Zuschüsse mit inbegriffenen Vesting-Plänen: Bestimmte Zuschüsse wurden am ersten Ausübungsdatum zu 20 % vesting, der verbleibende 80 % in gleichen vierteljährlichen Raten über vier Jahre, und ein Zuschuss vestet in gleichen vierteljährlichen Beträgen über vier Jahre ab seinem ersten Ausübungsdatum.

أفاد Rifat Kerim Akgonul، المسؤول التنفيذي عن المنتج في Pegasystems (PEGA)، بتقديم نموذج 4 يقر بتنفيذ عدة خيارات وتصفية أسهم في 24/10/2025. قام بتنفيذ خيارات أسهم لـ 25,000 سهم بسعر 26.24 دولارًا، و15,000 سهم بسعر 29.48 دولارًا، و10,000 سهم بسعر 32.18 دولارًا، و20,000 سهم بسعر 16.95 دولارًا (رمز المعاملة M). كما قام بتصفية 47,692 سهمًا بسعر 65.61 دولارًا (رمز F).

بعد هذه المعاملات، بلغ الملكية المستفيدة 113,688 سهمًا، مملوكة مباشرة. تتعلق الخيارات المنفذة بمنح ذات جداول تقاعد مذكورة: بعض المنح تقاعد بمعدل 20% عند تاريخ الاستحقاق الأول مع بقية 80% موزعة بالتساوي على أربعة أعوام ربع سنوية، وموضوع منح آخر يتقادم بمبالغ ربع سنوية متساوية على مدى أربعة أعوام من تاريخ استحقاقه الأول.

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Il Chief Product Officer di Pegasystems (PEGA), Rifat Kerim Akgonul, ha predisposto un modulo Form 4 riferendo diverse esercitazioni di opzioni e una disposizione di azioni il 24/10/2025. Ha esercitato opzioni su azioni per 25.000 azioni a 26,24 $, 15.000 azioni a 29,48 $, 10.000 azioni a 32,18 $ e 20.000 azioni a 16,95 $ (codice di transazione M). Ha inoltre disposto di 47.692 azioni a 65,61 $ (codice F).

Dopo queste operazioni, la proprietà beneficiaria ammontava a 113.688 azioni, detenute direttamente. Le opzioni esercitate riguardano grant con piani di vesting indicati: alcune grant hanno maturato il 20% nella data iniziale di esercitabilità, con il restante 80% ripartito in rate trimestrali uguali nel corso di quattro anni, e un'altra grant vanta la maturazione in importi trimestrali uguali nel corso di quattro anni dalla sua data iniziale di esercitabilità.

El Chief Product Officer de Pegasystems (PEGA), Rifat Kerim Akgonul, presentó un Form 4 reportando múltiples ejercicios de opciones y una disposición de acciones el 24/10/2025. Ejerció opciones sobre acciones para 25,000 acciones a 26,24$, 15,000 a 29,48$, 10,000 a 32,18$ y 20,000 a 16,95$ (código de transacción M). También dispuso de 47,692 acciones a 65,61$ (código F).

Después de estas operaciones, la participación beneficiaria quedó en 113,688 acciones, mantenidas directamente. Las opciones ejercidas se relacionan con otorgamientos con calendarios de vesting indicados: algunos otorgamientos se consolidaron en un 20% en la fecha inicial de ejercitabilidad con el 80% restante en cuotas trimestrales iguales durante cuatro años, y un otorgamiento adicional vence en cuotas trimestrales iguáles durante cuatro años desde su fecha inicial de ejercitabilidad.

Pegasystems (PEGA) 최고제품책임자 Rifat Kerim Akgonul이 2025년 10월 24일 다수의 옵션 행사 및 주식 처분을 보고하는 Form 4를 제출했습니다. 그는 25,000주를 26.24달러에, 15,000주를 29.48달러에, 10,000주를 32.18달러에, 20,000주를 16.95달러에 행사했고(거래 코드 M). 또한 47,692주를 65.61달러에 처분했습니다(코드 F).

이 거래 후 실질 보유 주식 수는 직접 보유로 113,688주에 이르렀습니다. 행사된 옵션은 명시된 베스팅 일정과 관련이 있습니다: 특정 보조금은 최초 행사 가능일에 20%가 베스트되고 남은 80%는 4년간 매 분기에 균등하게 분할 vesting되며, 또 다른 보조금은 최초 행사 가능일로부터 4년간 매 분기 균등하게 vesting됩니다.

Rifat Kerim Akgonul, directeur produit chez Pegasystems (PEGA), a déposé un Form 4 signalant plusieurs exercices d'options et une cession d'actions le 24/10/2025. Il a exercé des options d'achat sur actions pour 25 000 actions à 26,24 $, 15 000 actions à 29,48 $, 10 000 actions à 32,18 $ et 20 000 actions à 16,95 $ (code de transaction M). Il a également cédé 47 692 actions à 65,61 $ (code F).

Suite à ces transactions, la propriété bénéficiaire s'élevait à 113 688 actions, détenues directement. Les options exercées concernent des subventions avec des calendriers de vesting indiqués : certaines subventions ont été acquises à 20 % à la date initiale d'exercice avec les 80 % restants répartis en versements trimestriels égaux sur une période de quatre ans, et une subvention vesting en montants trimestriels égaux sur quatre ans à partir de sa date initiale d'éligibilité.

Pegasystems (PEGA) Chief Product Officer Rifat Kerim Akgonul hat am 24.10.2025 ein Form 4 eingereicht und mehrere Optionsausübungen sowie eine Aktienveräußerung gemeldet. Er übte Aktienoptionen für 25.000 Aktien zu 26,24 $, 15.000 Aktien zu 29,48 $, 10.000 Aktien zu 32,18 $ und 20.000 Aktien zu 16,95 $ (Transaktionscode M). Er veräußerte auch 47.692 Aktien zu 65,61 $ (Code F).

Nach diesen Transaktionen belief sich das wirtschaftliche Eigentum direkt auf 113.688 Aktien. Die ausgeübten Optionen beziehen sich auf Zuschüsse mit inbegriffenen Vesting-Plänen: Bestimmte Zuschüsse wurden am ersten Ausübungsdatum zu 20 % vesting, der verbleibende 80 % in gleichen vierteljährlichen Raten über vier Jahre, und ein Zuschuss vestet in gleichen vierteljährlichen Beträgen über vier Jahre ab seinem ersten Ausübungsdatum.

أفاد Rifat Kerim Akgonul، المسؤول التنفيذي عن المنتج في Pegasystems (PEGA)، بتقديم نموذج 4 يقر بتنفيذ عدة خيارات وتصفية أسهم في 24/10/2025. قام بتنفيذ خيارات أسهم لـ 25,000 سهم بسعر 26.24 دولارًا، و15,000 سهم بسعر 29.48 دولارًا، و10,000 سهم بسعر 32.18 دولارًا، و20,000 سهم بسعر 16.95 دولارًا (رمز المعاملة M). كما قام بتصفية 47,692 سهمًا بسعر 65.61 دولارًا (رمز F).

بعد هذه المعاملات، بلغ الملكية المستفيدة 113,688 سهمًا، مملوكة مباشرة. تتعلق الخيارات المنفذة بمنح ذات جداول تقاعد مذكورة: بعض المنح تقاعد بمعدل 20% عند تاريخ الاستحقاق الأول مع بقية 80% موزعة بالتساوي على أربعة أعوام ربع سنوية، وموضوع منح آخر يتقادم بمبالغ ربع سنوية متساوية على مدى أربعة أعوام من تاريخ استحقاقه الأول.

Pegasystems (PEGA) 首席产品官 Rifat Kerim Akgonul 于 2025/10/24 提交了 Form 4,报告了多项期权行使和一次股票处置。 他以 26.24 美元/股行使了 25,000 股股票期权,以 29.48 美元/股行使了 15,000 股,以 32.18 美元/股行使了 10,000 股,以及以 16.95 美元/股行使了 20,000 股(交易代码 M)。他还以 65.61 美元/股处置了 47,692 股(代码 F)。

经此等交易,实益所有权直接持有 113,688 股。行使的期权与具备的归属安排有关:某些授予在初始可行使日期就已 20% 获得归属,其余 80% 按四年内等额季度分期归属,另有一个授予在其初始可行使日期起四年内按相等的季度数额归属。

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).
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*
Akgonul Rifat Kerim

(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 Product Officer
3. Date of Earliest Transaction (Month/Day/Year)
10/24/2025
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 10/24/2025 M 25,000 A $26.24 116,380 D
Common stock 10/24/2025 M 15,000 A $29.48 131,380 D
Common stock 10/24/2025 M 10,000 A $32.18 141,380 D
Common stock 10/24/2025 M 20,000 A $16.95 161,380 D
Common stock 10/24/2025 F 47,692 D $65.61 113,688 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
Stock Options $26.24 10/24/2025 M 25,000 06/05/2023(1) 06/05/2032 Common stock 25,000 $0 50,000 D
Stock Options $29.48 10/24/2025 M 15,000 03/05/2019(1) 03/05/2028 Common stock 15,000 $0 13,908 D
Stock Options $32.18 10/24/2025 M 10,000 03/06/2020(1) 03/06/2029 Common stock 10,000 $0 25,190 D
Stock Options $16.95 10/24/2025 M 20,000 02/02/2023(2) 11/02/2032 Common stock 20,000 $0 115,364 D
Explanation of Responses:
1. Options vested 20% on the Date Exercisable in Table II, with the remaining 80% vesting in equal quarterly amounts over the next four years.
2. Option vests in equal quarterly amounts over a four-year period with the first vest occurring on the Date Exercisable in Table II.
Remarks:
/s/Kathryn Leach, Attorney-in-Fact for Rifat Kerim Akgonul 10/28/2025
** 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.

FAQ

What did PEGA’s Chief Product Officer report on Form 4?

He reported exercising options for 25,000 at $26.24, 15,000 at $29.48, 10,000 at $32.18, and 20,000 at $16.95, and disposing of 47,692 shares at $65.61.

What is the final beneficial ownership after the transactions for PEGA?

Beneficial ownership following the reported transactions is 113,688 shares, held directly.

When did the reported PEGA transactions occur?

All transactions were dated 10/24/2025.

What was the nature of the 47,692 PEGA shares transaction?

It was a disposition coded F at $65.61 per share.

What vesting terms are disclosed for the exercised PEGA options?

One set vested 20% on the initial date with 80% quarterly over four years; another vests in equal quarterly amounts over four years from its initial date.

What role does the reporting person hold at PEGA?

He is an Officer, serving as Chief Product Officer.
Pegasystems Inc

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11.31B
90.69M
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56.29%
3.4%
Software - Application
Services-computer Processing & Data Preparation
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United States
WALTHAM