Efstathios A. Kouninis - 27 Oct 2025 Form 4 Insider Report for PEGASYSTEMS INC (PEGA)

Role
SVP, Chief Accounting Officer
Signature
/s/ Kathryn Leach, Attorney-in-Fact for Efstathios A. Kouninis
Issuer symbol
PEGA
Transactions as of
27 Oct 2025
Net transactions value
-$490,612
Form type
4
Filing time
28 Oct 2025, 16:21:13 UTC
Previous filing
27 Oct 2025
Next filing
03 Dec 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
KOUNINIS EFSTATHIOS A SVP, Chief Accounting Officer C/O PEGASYSTEMS INC., 225 WYMAN STREET, STE 300, WALTHAM /s/ Kathryn Leach, Attorney-in-Fact for Efstathios A. Kouninis 28 Oct 2025 0001353196

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PEGA Common stock Options Exercise $265,950 +11,250 +5461% $23.64 11,456 27 Oct 2025 Direct
transaction PEGA Common stock Tax liability $458,981 -6,825 -60% $67.25 4,631 27 Oct 2025 Direct
transaction PEGA Common stock Sale $297,581 -4,425 -96% $67.25 206 27 Oct 2025 Direct

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 Stock Options Options Exercise $0 -11,250 -100% $0.000000 0 27 Oct 2025 Common stock 11,250 $23.64 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This option vested in two instalments: 25% on the Date Exercisable in Table II, based on Pegasystems' satisfaction of certain performance criteria for the fiscal year ended December 31, 2023, and 75% on the first anniversary of the Date Exercisable, based on Pegasystems' satisfaction of certain performance criteria for the fiscal year ended December 31, 2024.