Alan Trefler - 15 Sep 2025 Form 4 Insider Report for PEGASYSTEMS INC (PEGA)

Role
C.E.O. & Chairman, Director, 10%+ Owner
Signature
/s/ Ewelina Kemp, Attorney-in-Fact for Alan Trefler
Issuer symbol
PEGA
Transactions as of
15 Sep 2025
Net transactions value
-$2,619,846
Form type
4
Filing time
17 Sep 2025, 16:21:32 UTC
Previous filing
04 Sep 2025
Next filing
19 Sep 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
TREFLER ALAN C.E.O. & Chairman, Director, 10%+ Owner C/O PEGASYSTEMS INC., 225 WYMAN STREET, STE 300, WALTHAM /s/ Ewelina Kemp, Attorney-in-Fact for Alan Trefler 17 Sep 2024 0001032235

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PEGA Common stock Gift $0 -2,071,585 -65% $0.000000 1,139,421 15 Sep 2025 Alan N. Trefler Irrevocable Non-GST Trust of 2022 F2
transaction PEGA Common stock Gift $0 +2,071,585 $0.000000 2,071,585 15 Sep 2025 The Trefler 2025 Trust F2
transaction PEGA Common stock Gift $0 -6,798,085 -100% $0.000000 0 16 Sep 2025 Alan N. Trefler Grantor Retained Annuity Trust I of 2023 F1, F3
transaction PEGA Common stock Gift $0 -2,939,019 -100% $0.000000 0 16 Sep 2025 Alan N. Trefler Grantor Retained Annuity Trust II of 2023 F1, F3
transaction PEGA Common stock Gift $0 +9,737,104 +855% $0.000000 10,876,525 16 Sep 2025 Alan N. Trefler Irrevocable Non-GST Trust of 2022 F3
transaction PEGA Common stock Sale $2,482,657 -42,672 -0.09% $58.18 45,071,692 16 Sep 2025 Direct F4, F5, F6
transaction PEGA Common stock Sale $137,189 -2,328 -0.01% $58.93 45,069,364 16 Sep 2025 Direct F4, F6, F7
holding PEGA Common stock 10,879,283 15 Sep 2025 Alan N. Trefler Grantor Retained Annuity Trust I of 2024 F1
holding PEGA Common stock 8,703,426 15 Sep 2025 Alan N. Trefler Grantor Retained Annuity Trust II of 2024 F1
* 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 Reflects exempt transfers between the reporting person and the trust described in the Nature of Indirect Beneficial Ownership column .
F2 Transfer of shares from the Alan N. Trefler Irrevocable Non-GST Trust of 2022 to The Trefler 2025 Trust.
F3 Transfers of shares from the Alan N. Trefler Grantor Retained Annuity Trust I of 2023 and the Alan N. Trefler Grantor Retained Annuity Trust II of 2023 to the Alan N. Trefler Irrevocable Non-GST Trust of 2022.
F4 Sold pursuant to a pre-arranged trading plan adopted by Mr. Trefler on November 6, 2024 under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
F5 Represents the weighted average of sale prices, ranging from $57.79 to $58.78. The reporting person 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.
F6 Reflects exempt transfers between the reporting person and the grantor retained annuity trusts described on this Form 4.
F7 Represents the weighted average of sale prices, ranging from $58.79 to $59.25. The reporting person 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.