Pegasystems (PEGA) CFO and COO sells 44,000 shares in open market

Rhea-AI Filing Summary

Pegasystems Inc. COO and CFO Kenneth Stillwell reported an open-market sale of 44,000 shares of common stock on March 10, 2026 at a weighted-average price of $44.81 per share. The sale price ranged from $44.52 to $45.42. After this transaction, he directly holds 109,123 Pegasystems shares and reports indirect ownership of 1,908 shares held for his children.

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
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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^*

STILLWELL KENNETH

(Last) (First) (Middle)

C/O PEGASYSTEMS INC.

225 WYMAN STREET, STE 300

(Street)

WALTHAM MA 02451

(City) (State) (Zip)

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)
	COO, CFO

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

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

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

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

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	03/10/2026		S		44,000	D	$44.81(1)	109,123	D
Common stock								1,908	I	Reporting Person's children

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:

1. Represents the weighted average of sale prices, ranging from $44.52 to $45.42 . The individual has provided the Company, and undertakes to provide to the staff of the Security and Exchange Commission or any security holder of the Company, upon request, full information regarding the number of shares sold at each separate price.

Remarks:

	/s/Kathryn Leach, Attorney-in-Fact for Kenneth Stillwell	03/12/2026
	** 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.

FAQ

What did Pegasystems (PEGA) executive Kenneth Stillwell report in this Form 4 filing?

Kenneth Stillwell, Pegasystems’ COO and CFO, reported an open-market sale of company stock. He sold 44,000 shares of Pegasystems common stock and updated his remaining direct and indirect ownership positions in the company following the transaction.

How many Pegasystems (PEGA) shares did Kenneth Stillwell sell and at what price?

He sold 44,000 shares of Pegasystems common stock in an open-market transaction. The weighted-average sale price was $44.81 per share, with individual trade prices ranging from $44.52 to $45.42 across the reported transactions.

How many Pegasystems (PEGA) shares does Kenneth Stillwell hold after the reported sale?

After the sale, Kenneth Stillwell holds 109,123 Pegasystems shares directly. The filing also reports indirect ownership of 1,908 additional shares held for his children, giving a clearer picture of his total reported economic exposure to Pegasystems stock.

What role does Kenneth Stillwell hold at Pegasystems (PEGA) in this insider transaction?

In this filing, Kenneth Stillwell is identified as Pegasystems’ Chief Operating Officer and Chief Financial Officer. His positions make this Form 4 an executive insider transaction, providing visibility into trading activity by a senior member of Pegasystems’ management team.

What price range did Kenneth Stillwell receive for his Pegasystems (PEGA) share sale?

The reported sale used a weighted-average price of $44.81 per share. Individual trades occurred within a price range from $44.52 to $45.42, as disclosed in a footnote that also notes detailed price breakdowns are available upon request.