Pegasystems CPO sells 7,000 shares at $36.03
PEGASYSTEMS INC (PEGA) reported that Chief Product Officer Rifat Kerim Akgonul sold 7,000 shares of common stock on September 11, 2026, in an open-market or private transaction at approximately $36.03 per share.
Rhea-AI Filing Summary
PEGASYSTEMS INC (PEGA) reported that Chief Product Officer Rifat Kerim Akgonul sold 7,000 shares of common stock on September 11, 2026, in an open-market or private transaction at approximately $36.03 per share. Following this sale, he directly holds 104,804 PEGASYSTEMS common shares. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,000 shares
Net Sell
1 txn
Insider
Akgonul Rifat Kerim
Role
Chief Product Officer
Sold
7,000 shs ($252K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common stock | 7,000 | $36.03 | $252K |
Holdings After Transaction:
Common stock — 104,804 shares (Direct)
Key Figures
Shares sold: 7,000 shares
Sale price per share: $36.03 per share
Shares held after transaction: 104,804 shares
3 metrics
Shares sold
7,000 shares
Common stock sale reported for September 11, 2026
Sale price per share
$36.03 per share
Common stock sold on September 11, 2026
Shares held after transaction
104,804 shares
Direct common stock holdings after the September 11, 2026 sale
Key Terms
Common stock, Rule 10b5-1, open-market or private transaction
3 terms
Common stock financial
"sold 7,000 shares of common stock on September 11, 2026"
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.
Rule 10b5-1 regulatory
"No Rule 10b5-1 trading plan is reported"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
open-market or private transaction financial
"Sale in open market or private transaction at approximately $36.03"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PEGASYSTEMS (PEGA) disclose in this Form 4?
PEGASYSTEMS disclosed that Chief Product Officer Rifat Kerim Akgonul sold 7,000 shares of common stock on September 11, 2026 in an open-market or private transaction at about $36.03 per share.
Was the PEGASYSTEMS (PEGA) insider trade under a Rule 10b5-1 plan?
No. The Form 4 indicates that the Rule 10b5-1 checkbox is not marked, so the reported 7,000-share sale was not affirmed as being made under a Rule 10b5-1 trading plan.
What role does the reporting person hold at PEGASYSTEMS (PEGA)?
The reporting person, Rifat Kerim Akgonul, serves as Chief Product Officer of PEGASYSTEMS INC, as identified in the Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.