John Gerard Higgins - 05 Jun 2025 Form 4 Insider Report for PEGASYSTEMS INC (PEGA)

Signature
/s/ Ewelina Kemp, Attorney-in-Fact for John Gerard Higgins
Issuer symbol
PEGA
Transactions as of
05 Jun 2025
Net transactions value
-$62,367
Form type
4
Filing time
09 Jun 2025, 17:16:28 UTC
Previous filing
03 Jun 2025
Next filing
10 Jun 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Higgins John Gerard Chief, Client &Partner Success C/O PEGASYSTEMS INC., 225 WYMAN STREET, STE 300, WALTHAM /s/ Ewelina Kemp, Attorney-in-Fact for John Gerard Higgins 09 Jun 2025 0001915414

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PEGA Common stock Options Exercise $0 +1,101 +6.1% $0.000000 19,125 05 Jun 2025 Direct F1
transaction PEGA Common stock Tax liability $62,367 -615 -3.2% $101.41 18,510 05 Jun 2025 Direct F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PEGA Restricted Stock Units Options Exercise $0 -1,101 -8.3% $0.000000 12,106 05 Jun 2025 Common stock 1,101 $0.000000 Direct F1, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a 5% vesting on June 5, 2025. The original grant was 17,609 restricted stock units, with 25% vesting on March 5, 2025, and the remaining 75% vesting in equal quarterly installments over the next three years.
F2 Tendered to issuer to satisfy tax withholding obligations of the reporting person, exempted pursuant to Rule 16b-3(e).
F3 Does not include shares of common stock subject to unvested restricted stock units and/or options awards.
F4 Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock.
F5 Once vested, the shares of common stock are not subject to expiration.