Pegasystems (PEGA) product chief sells 4,545 common shares

Rhea-AI Filing Summary

Pegasystems Inc Chief Product Officer Rifat Kerim Akgonul sold 4,545 shares of common stock in an open-market transaction at $33.35 per share. After this sale, he directly holds 107,070 shares of Pegasystems common stock, indicating he retained the vast majority of his position.

Insider Trade Summary

Net Seller: 4,545 shares ($151,576)

Net Sell 1 txn

Insider Akgonul Rifat Kerim

Role Chief Product Officer

Sold 4,545 shs ($152K)

Type	Security	Shares	Price	Value
Sale	Common stock	4,545	$33.35	$152K

Holdings After Transaction: Common stock — 107,070 shares (Direct, null)

Footnotes (1)

Key Figures

Shares sold: 4,545 shares Sale price: $33.35 per share Shares owned after sale: 107,070 shares +1 more

4 metrics

Shares sold 4,545 shares Common stock sold in open-market transaction on 2026-05-19

Sale price $33.35 per share Price for Pegasystems common stock in reported sale

Shares owned after sale 107,070 shares Direct holdings following the Form 4 transaction

Net share change -4,545 shares Net effect of reported insider transactions

Key Terms

open-market sale, Common stock, Form 4

3 terms

open-market sale financial

"The transaction action is described as an open-market sale of common stock."

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Common stock financial

"The security title for the transaction is listed as Common stock."

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 regulatory

"This insider transaction is disclosed in a Form 4 insider filing."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

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 MASSACHUSETTS 02451

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/19/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	05/19/2026		S		4,545	D	$33.35	107,070	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:

Remarks:

	/s/ Ewelina Kemp, Attorney-in-Fact for Rifat Kerim Akgonul	05/20/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Pegasystems (PEGA) report for Rifat Kerim Akgonul?

Pegasystems reported that Chief Product Officer Rifat Kerim Akgonul sold 4,545 shares of common stock in an open-market transaction. This disposition was recorded on a Form 4 insider filing and reflects a routine sale of existing holdings.

At what price did the Pegasystems executive sell his PEGA shares?

Rifat Kerim Akgonul sold his Pegasystems common stock at $33.35 per share. This reported price reflects the sale consideration for each share in the open-market transaction disclosed in the Form 4 filing.

How many Pegasystems shares does the insider hold after the reported sale?

Following the transaction, Rifat Kerim Akgonul directly holds 107,070 shares of Pegasystems common stock. This post-transaction balance, disclosed in the Form 4, shows he continues to maintain a substantial equity stake in the company.

Was the Pegasystems Form 4 transaction a purchase or a sale of shares?

The Form 4 for Pegasystems shows a sale of shares, not a purchase. The transaction is coded as an open-market sale, indicating the insider disposed of 4,545 shares of common stock rather than acquiring new shares.

What type of security did the Pegasystems insider trade in this Form 4?

The insider traded Pegasystems common stock in this Form 4 filing. No derivative securities, such as options or warrants, were reported in connection with this transaction, and the derivative holdings section in the filing is empty.