Rifat Kerim Akgonul - 11 Sep 2025 Form 4 Insider Report for PEGASYSTEMS INC (PEGA)

Role
Chief Product Officer
Signature
/s/ Kathryn Leach, Attorney-in-Fact for Rifat Kerim Akgonul
Issuer symbol
PEGA
Transactions as of
11 Sep 2025
Net transactions value
-$1,078,838
Form type
4
Filing time
12 Sep 2025, 17:04:37 UTC
Previous filing
09 Sep 2025
Next filing
28 Oct 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/ Kathryn Leach, Attorney-in-Fact for Rifat Kerim Akgonul 12 Sep 2025 0001855325

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PEGA Common stock Options Exercise $656,000 +25,000 +35% $26.24 95,717 11 Sep 2025 Direct
transaction PEGA Common stock Tax liability $1,041,457 -17,916 -19% $58.13 77,801 11 Sep 2025 Direct
transaction PEGA Common stock Options Exercise $442,200 +15,000 +19% $29.48 92,801 11 Sep 2025 Direct
transaction PEGA Common stock Tax liability $649,952 -11,181 -12% $58.13 81,620 11 Sep 2025 Direct
transaction PEGA Common stock Options Exercise $321,800 +10,000 +12% $32.18 91,620 11 Sep 2025 Direct
transaction PEGA Common stock Tax liability $409,167 -7,694 -8.4% $53.18 83,926 11 Sep 2025 Direct
transaction PEGA Common stock Options Exercise $339,000 +20,000 +24% $16.95 103,926 11 Sep 2025 Direct
transaction PEGA Common stock Tax liability $737,263 -12,683 -12% $58.13 91,243 11 Sep 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 -25,000 -25% $0.000000 75,000 11 Sep 2025 Common stock 25,000 $26.24 Direct F1, F2
transaction PEGA Stock Options Options Exercise $0 -15,000 -34% $0.000000 28,908 11 Sep 2025 Common stock 15,000 $29.48 Direct F1, F2
transaction PEGA Stock Options Options Exercise $0 -10,000 -22% $0.000000 35,190 11 Sep 2025 Common stock 10,000 $32.18 Direct F1, F2
transaction PEGA Stock Options Options Exercise $0 -20,000 -13% $0.000000 135,364 11 Sep 2025 Common stock 20,000 $16.95 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Options vested 20% on Date Exercisable in Table II, with the remaining 80% vesting in equal quarterly amounts over the next four years.
F3 Options will vest in equal quarterly amounts over a four year period with the first vest occurring on February 2, 2023.