Rifat Kerim Akgonul - 24 Jul 2025 Form 4 Insider Report for PEGASYSTEMS INC (PEGA)

Role
Chief Product Officer
Signature
/s/ Ewelina Kemp, Attorney-in-Fact for Rifat Kerim Akgonul
Issuer symbol
PEGA
Transactions as of
24 Jul 2025
Net transactions value
-$1,104,170
Form type
4
Filing time
28 Jul 2025, 17:03:32 UTC
Previous filing
10 Jun 2025
Next filing
04 Sep 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Akgonul Rifat Kerim Chief Product Officer C/O PEGASYSTEMS INC., 225 WYMAN STREET, STE 300, WALTHAM /s/ Ewelina Kemp, Attorney-in-Fact for Rifat Kerim Akgonul 28 Jul 2025 0001855325

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PEGA Common stock Options Exercise $688,156 +31,068 +40% $22.15 109,628 24 Jul 2025 Direct
transaction PEGA Common stock Tax liability $1,221,122 -21,189 -19% $57.63 88,439 24 Jul 2025 Direct
transaction PEGA Common stock Sale $571,204 -9,879 -11% $57.82 78,560 24 Jul 2025 Direct F1, F2

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 -31,068 -100% $0.000000 0 24 Jul 2025 Common stock 31,068 $22.15 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the weighted average of sale prices, ranging from $57.80 to $57.82. The individual 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.
F2 Total shares beneficially owned reflect a 2-for-1 stock split effectuated on June 20, 2025. Includes shares acquired on June 30, 2025 pursuant to the employee stock purchase plan.
F3 All share amounts and price data in this Form 4 have been restated to reflect a 2-for-1 forward stock split of Pegasystems Inc.'s common stock effectuated on June 20, 2025.
F4 Options vested 20% on the Date Exercisable in Table II, with the remaining 80% vesting in equal quarterly amounts over the next four years.