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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.

(Moderate)
(Negative)
Form Type
4

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 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)
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
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.

How many PEGASYSTEMS (PEGA) shares does the insider hold after this sale?

After the reported sale, Chief Product Officer Rifat Kerim Akgonul directly holds 104,804 shares of PEGASYSTEMS common stock, as stated in the Form 4 filing.

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 was the price of the PEGASYSTEMS (PEGA) shares sold by the insider?

The 7,000 PEGASYSTEMS common shares were sold at an average price of about $36.03 per share, according to the Form 4 disclosure.

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.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Product Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/11/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common stock09/11/2026S7,000D$36.03104,804D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
Remarks:
/s/ Ewelina Kemp, Attorney-in-Fact for Rifat Kerim Akgonul09/15/2026
** Signature of Reporting PersonDate
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)

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