Pegasystems CAO exercises 1,096 RSUs into stock
Pegasystems’ chief accounting officer settled RSUs into common stock over several days, with a portion of shares used to cover related obligations.
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Form Type
4
Rhea-AI Filing Summary
PEGASYSTEMS INC (PEGA) reported that Efstathios A. Kouninis, its SVP and Chief Accounting Officer, exercised restricted stock units into common stock on September 4–7, 2026. A total of 1,096 RSUs converted into common shares, and 269 shares of common stock were withheld or delivered to cover exercise price or tax liabilities. No Rule 10b5‑1 trading plan is reported.
Insider Trade Summary
1,096 shares exercised/converted
Exercise
9 txns
Insider
KOUNINIS EFSTATHIOS A
Role
SVP, Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 334 | $0.00 | $0.00 |
| Exercise | Common stock | 334 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common stock | 82 | $37.36 | $3K |
| Exercise | Restricted Stock Units F1, F2 | 440 | $0.00 | $0.00 |
| Exercise | Common stock | 440 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common stock | 108 | $37.36 | $4K |
| Exercise | Restricted Stock Units F1, F2 | 322 | $0.00 | $0.00 |
| Exercise | Common stock | 322 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common stock | 79 | $37.72 | $3K |
Holdings After Transaction:
Restricted Stock Units — 6,538 contracts (Direct);
Common stock — 1,991 shares (Direct)
Footnotes (2)
- F1. Each restricted stock unit represents the right to receive, following vesting, one share of common stock.
- F2. 25% of the restricted stock units vested on the Date Exercisable in Table II, and the remaining 75% vest in equal quarterly installments over the following three years.
Key Figures
RSUs exercised into common stock: 1,096 shares
Shares for exercise price or tax liability: 269 shares
RSUs exercised on September 4, 2026: 322 shares
+5 more
8 metrics
RSUs exercised into common stock
1,096 shares
Aggregate RSU conversions for September 4–7, 2026
Shares for exercise price or tax liability
269 shares
Common stock delivered or withheld under code F on September 4–7, 2026
RSUs exercised on September 4, 2026
322 shares
Restricted Stock Units converted into common stock
RSUs exercised on September 5, 2026
440 shares
Restricted Stock Units converted into common stock
RSUs exercised on September 7, 2026
334 shares
Restricted Stock Units converted into common stock
Tax/exercise shares on September 4, 2026
79 shares at $37.72 per share
Payment of exercise price or tax liability in common stock
Tax/exercise shares on September 5, 2026
108 shares at $37.36 per share
Payment of exercise price or tax liability in common stock
Tax/exercise shares on September 7, 2026
82 shares at $37.36 per share
Payment of exercise price or tax liability in common stock
Key Terms
Restricted Stock Units, exercise or conversion of derivative security, Payment of exercise price or tax liability
3 terms
Restricted Stock Units financial
"Each restricted stock unit represents the right to receive, following vesting, one share"
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.
exercise or conversion of derivative security financial
"Transaction code M is described as Exercise or conversion of derivative security"
Payment of exercise price or tax liability financial
"Transaction code F is described as Payment of exercise price or tax liability"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did PEGA report for Efstathios Kouninis?
PEGA reported that Efstathios A. Kouninis exercised 1,096 restricted stock units into common stock on September 4–7, 2026, and used or had 269 shares of common stock withheld or delivered to cover exercise price or tax liabilities related to those settlements.
How many PEGASYSTEMS INC (PEGA) RSUs were converted to common stock?
In total, 1,096 restricted stock units were exercised and converted into Pegasystems common stock across three dates: 322 on September 4, 440 on September 5, and 334 on September 7, 2026, each RSU representing the right to receive one share of common stock after vesting.
Were the PEGA insider transactions made under a Rule 10b5-1 trading plan?
No. The filing indicates that these transactions by Efstathios A. Kouninis were not made pursuant to a Rule 10b5-1 trading plan, as the document-level checkbox for such a plan is marked false and no footnote describes a pre-arranged trading plan.
What types of securities did the PEGA Form 4 transactions involve?
The Form 4 reports transactions in Restricted Stock Units that were exercised or converted, and in the underlying common stock. RSUs converted into shares at a stated price of $0.00 per unit, consistent with equity awards that settle into common stock upon vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
