Leon Trefler - Apr 1, 2024 Form 4 Insider Report for PEGASYSTEMS INC (PEGA)

Signature
/s/ Ewelina Kemp, Attorney-in-Fact for Leon Trefler
Stock symbol
PEGA
Transactions as of
Apr 1, 2024
Transactions value $
-$48,278
Form type
4
Date filed
4/3/2024, 05:02 PM
Previous filing
Mar 11, 2024
Next filing
May 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PEGA Common stock Sale -$48.3K -752 -1.85% $64.20 39.9K Apr 1, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 Sold pursuant to a pre-arranged trading plan adopted by Mr. Trefler November 17, 2023 under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
F2 Does not include shares of common stock subject to unvested restricted stock units and/or options awards.