Pegasystems (PEGA) executive reports RSU vesting and tax share withholding

Rhea-AI Filing Summary

Pegasystems Inc. executive John Gerard Higgins reported routine equity compensation activity. He exercised 2,278 restricted stock units into common stock and, in a separate transaction, 1,272 common shares were withheld to cover tax obligations at a value of $34.71 per share. Following these transactions, he directly holds 57,735 shares of common stock and 6,836 restricted stock units that continue to vest over time.

Insider Trade Summary

2,278 shares exercised/converted

Mixed 3 txns

Insider Higgins John Gerard

Role Chief, Client &Partner Success

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	2,278	$0.00	--
Exercise	Common stock	2,278	$0.00	--
Tax Withholding	Common stock	1,272	$34.71	$44K

Holdings After Transaction: Restricted Stock Units — 6,836 shares (Direct, null); Common stock — 57,735 shares (Direct, null)

Footnotes (1)

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

Key Figures

Tax-withholding shares: 1,272 shares Exercise shares: 2,278 shares Share value for tax: $34.71 per share +2 more

5 metrics

Tax-withholding shares 1,272 shares Common stock withheld at $34.71 per share on 2026-06-07

Exercise shares 2,278 shares Common stock acquired via restricted stock unit exercise on 2026-06-07

Share value for tax $34.71 per share Value used for tax-withholding disposition of common stock

Post-transaction common shares 57,735 shares Direct Pegasystems common stock holdings after transactions

Post-transaction RSUs 6,836 units Restricted stock units remaining after partial vesting and conversion

Key Terms

Restricted Stock Units, tax-withholding disposition, derivative exercise/conversion, derivative security

4 terms

Restricted Stock Units financial

"The security title for one transaction is listed as "Restricted Stock Units"."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

tax-withholding disposition financial

"The transaction_action field describes one event as a "tax-withholding disposition"."

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

derivative exercise/conversion financial

"Two transactions have transaction_action labeled as "derivative exercise/conversion"."

derivative security financial

"The transaction_code_description notes an "Exercise or conversion of derivative security"."

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

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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^*

Higgins John Gerard

(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, Client &Partner Success

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/07/2026

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	06/07/2026		M		2,278	A	$0	57,735	D
Common stock	06/07/2026		F		1,272	D	$34.71	56,463	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	06/07/2026		M			2,278	03/07/2024(2)	03/07/2027	Common stock	2,278	$0	6,836	D

Explanation of Responses:

1. Each restricted stock unit represents the right to receive, following 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	06/09/2026
	** 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 transactions did Pegasystems (PEGA) report for John Gerard Higgins?

Pegasystems reported that executive John Gerard Higgins exercised 2,278 restricted stock units into common stock. In a related move, 1,272 common shares were withheld to satisfy tax liabilities, reflecting standard treatment of equity compensation rather than open-market buying or selling.

Did the Pegasystems (PEGA) executive buy or sell shares on the open market?

The filing does not show open-market purchases or sales. It records a derivative exercise of restricted stock units and a tax-withholding disposition, where 1,272 shares were withheld by the company to cover taxes, a common non-market equity compensation event.

How many Pegasystems (PEGA) shares does John Gerard Higgins now own directly?

After the reported transactions, John Gerard Higgins directly owns 57,735 shares of Pegasystems common stock. This figure reflects his updated equity stake following the restricted stock unit conversion and the separate share withholding to cover tax obligations.

What happened to John Gerard Higgins’ restricted stock units at Pegasystems (PEGA)?

He converted 2,278 restricted stock units into common stock as part of their scheduled vesting. The filing also shows he continues to hold 6,836 restricted stock units, which vest over a remaining three-year period according to the award’s vesting schedule.

Is the Form 4 transaction for Pegasystems (PEGA) a significant insider signal?

The Form 4 reflects routine compensation activity, not discretionary trading. It shows a standard restricted stock unit vesting and tax withholding. Such transactions typically carry limited informational value about the insider’s view of the stock’s prospects compared with open-market buys or sells.