Kenneth Stillwell - 01 Aug 2025 Form 4 Insider Report for PEGASYSTEMS INC (PEGA)

Role
COO, CFO
Signature
/s/ Ewelina Kemp, Attorney-in-Fact for Kenneth Stillwell
Issuer symbol
PEGA
Transactions as of
01 Aug 2025
Net transactions value
-$1,300,977
Form type
4
Filing time
05 Aug 2025, 17:09:21 UTC
Previous filing
29 Jul 2025
Next filing
04 Sep 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
STILLWELL KENNETH COO, CFO C/O PEGASYSTEMS INC., 225 WYMAN STREET, STE 300, WALTHAM /s/ Ewelina Kemp, Attorney-in-Fact for Kenneth Stillwell 05 Aug 2025 0001680115

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PEGA Common stock Sale $225,030 -3,900 -3.1% $57.70 119,968 01 Aug 2025 Direct F1, F2
transaction PEGA Common stock Sale $5,824 -100 -0.08% $58.24 119,868 01 Aug 2025 Direct F1
transaction PEGA Common stock Options Exercise $439,344 +25,920 +22% $16.95 145,788 04 Aug 2025 Direct
transaction PEGA Common stock Tax liability $860,823 -14,773 -10% $58.27 131,015 04 Aug 2025 Direct
transaction PEGA Common stock Sale $648,644 -11,147 -8.5% $58.19 119,868 04 Aug 2025 Direct 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 Stock Options Options Exercise $0 -25,920 -17% $0.000000 129,600 04 Aug 2025 Common stock 25,920 $16.95 Direct F4, F5
* 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. Stillwell August 29, 2024 under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
F2 Represents the weighted average of sale prices, ranging from $57.20 to $58.14. 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.
F3 Represents the weighted average of sale prices, ranging from $58.17 to $58.27. 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.
F4 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.
F5 Option vests in 16 equal quarterly installments over four years beginning on the Date Exercisable in Table II.