Pegasystems Inc SEC Filings

Reporting person and role: Rifat Kerim Akgonul, Chief Product Officer of Pegasystems Inc. made multiple stock and restricted stock unit transactions in early September 2025.

On 09/05/2025 and 09/07/2025 Ms. Akgonul had restricted stock units vest and were converted into common shares (2,200 and 2,278 RSUs respectively). She acquired those vested shares (at $0 acquisition price) and her beneficial ownership rose to 75,819 shares at peak. Separate market sales executed under a pre-arranged Rule 10b5-1 plan occurred on 09/08/2025, disposing of 2,081 and 1,919 shares at weighted-average prices of $56.55 (range $55.95–$56.89) and $57.43 (range $57.15–$57.63), respectively, reducing holdings to 70,717 shares.

Leon Trefler, Chief of Clients and Markets at Pegasystems Inc. (PEGA), reported multiple transactions on Form 4 dated 09/05/2025–09/07/2025 showing both acquisitions and dispositions of the issuer's common stock and restricted stock units (RSUs). The filing shows acquisitions of 2,200 RSUs (09/05/2025) and 2,658 RSUs (09/07/2025) that convert one-for-one into common shares on vesting, increasing his beneficial ownership to 22,012 and 15,948 underlying shares respectively in Table II and to 119,845 total shares after the 09/07/2025 transactions in Table I. Reported dispositions include 866 shares sold at $53.81 and 1,046 shares sold at $55.51, reducing holdings to 117,187 and 118,799 after each sale. The RSU awards vest 25% on the stated date with the remainder vesting quarterly over three years. The form is signed by an attorney-in-fact on 09/09/2025.

Kenneth Stillwell, an officer of Pegasystems Inc. (PEGA), reported multiple transactions on Form 4. Restricted stock units vested and were converted into common shares on 09/05/2025 and 09/07/2025, resulting in acquisitions of 4,402 and 5,220 shares, respectively, at a $0 price per share. Offsetting cash dispositions recorded were 1,733 shares sold on 09/05/2025 at $53.81 and 2,055 shares sold on 09/07/2025 at $55.51. After these reported transactions, Mr. Stillwell beneficially owned 129,881 shares and directly owned 127,826 shares in the issuer, as shown on the Form 4.

Form 144 filed for Pegasystems Inc (PEGA) shows a proposed sale of 332 common shares through Morgan Stanley Smith Barney with an approximate aggregate market value of $19,132.06, and an approximate sale date of 09/08/2025. The shares were acquired on 09/05/2025 as restricted stock vesting under a registered plan and payment is recorded as 09/05/2025. The filer, Efsthathios A Kouninis, reported prior disposals in the past three months of 235 shares on 09/05/2025 (gross proceeds $12,925.00) and 582 shares on 07/28/2025 (gross proceeds $34,966.30). The filing notes 171,080,665 shares outstanding for the issuer and includes the standard insider representation regarding material nonpublic information.

Pegasystems Inc. reported a proposed sale under Rule 144 of 4,000 common shares through Morgan Stanley Smith Barney LLC with an aggregate market value of $222,040. The shares represent restricted stock units acquired on 06/01/2025 and are scheduled for sale on or about 09/08/2025. The issuer's reported shares outstanding are 171,080,665, making this planned sale immaterial in percentage terms to total outstanding shares. The filing also discloses a prior 10b5-1 sale of 2,000 shares on 09/02/2025 that generated $106,808.20 in gross proceeds. The filer affirms no undisclosed material adverse information.

Pegasystems Inc (PEGA) Form 144 notice reports a proposed sale of 235 common shares through Morgan Stanley Smith Barney LLC on 09/05/2025 on NASDAQ. The filing shows those shares have an aggregate market value of $12,925.00 and total outstanding shares of 171,080,665. The securities being offered were acquired via restricted stock vesting under a registered plan on 09/02/2025 (80 shares) and 09/01/2025 (155 shares), with payment dates matching acquisition dates. The filer, identified as Efstathios A Kouninis, previously sold 582 common shares on 07/28/2025 for gross proceeds of $34,966.30. The notice includes the standard representation that the seller does not possess undisclosed material adverse information.

Alan N. Trefler, identified as C.E.O. & Chairman, Director and a 10% owner of Pegasystems Inc. (PEGA), filed a Form 4 reporting changes in his beneficial ownership on 09/02/2025. The filing shows 2,496 restricted stock units vested (5% vesting) on that date, representing the remaining vesting schedule of an original grant of 24,976 RSUs. The Form 4 also reports a disposition of 1,025 common shares sold at $54.21 on 09/02/2025. Total beneficial ownership figures are reported after a 2-for-1 forward stock split effective June 20, 2025, with post-transaction beneficial ownership shown as 32,918,163 shares.

Leon Trefler, Chief of Clients and Markets at Pegasystems Inc. (PEGA), reported routine equity transactions tied to restricted stock unit vesting and small open-market sales. The filing shows 1,176 RSUs vested (release 9/2/2025) and 384 RSUs vested (release 9/2/2025), each converted to common stock. The report records open-market dispositions of 463 and 152 shares on 9/01/2025 and 9/02/2025 respectively at $54.21 per share. Following these transactions and a previously effected 2-for-1 forward stock split (effective 6/20/2025), Trefler's beneficial ownership is reported as 115,853.994 shares (direct). The filing includes a correction to previously reported direct holdings that were understated on a pre-split basis.

Kenneth Stillwell, an officer of Pegasystems Inc. (PEGA), reported vesting and sales of restricted stock units and common stock in Form 4 filings dated September 1–2, 2025. Two vesting events converted RSUs into common stock: 2,352 RSUs that vested September 1 (released September 2) and 1,152 RSUs that vested September 2. Separate sale transactions on September 1 and 2 disposed of 926 and 454 shares respectively at $54.21 per share. After these transactions the filing shows beneficial ownership of 122,220, 122,446, and reported derivative underlying balances of 14,104 and 2,306 shares in different rows; all share amounts were restated for a 2-for-1 forward stock split effected June 20, 2025. The transactions were signed by an attorney-in-fact on September 4, 2025.