Rifat Kerim Akgonul - 24 Oct 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
24 Oct 2025
Net transactions value
-$1,370,072
Form type
4
Filing time
28 Oct 2025, 16:30:14 UTC
Previous filing
12 Sep 2025
Next filing
03 Dec 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 28 Oct 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 +27% $26.24 116,380 24 Oct 2025 Direct
transaction PEGA Common stock Options Exercise $442,200 +15,000 +13% $29.48 131,380 24 Oct 2025 Direct
transaction PEGA Common stock Options Exercise $321,800 +10,000 +7.6% $32.18 141,380 24 Oct 2025 Direct
transaction PEGA Common stock Options Exercise $339,000 +20,000 +14% $16.95 161,380 24 Oct 2025 Direct
transaction PEGA Common stock Tax liability $3,129,072 -47,692 -30% $65.61 113,688 24 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 -25,000 -33% $0.000000 50,000 24 Oct 2025 Common stock 25,000 $26.24 Direct F1
transaction PEGA Stock Options Options Exercise $0 -15,000 -52% $0.000000 13,908 24 Oct 2025 Common stock 15,000 $29.48 Direct F1
transaction PEGA Stock Options Options Exercise $0 -10,000 -28% $0.000000 25,190 24 Oct 2025 Common stock 10,000 $32.18 Direct F1
transaction PEGA Stock Options Options Exercise $0 -20,000 -15% $0.000000 115,364 24 Oct 2025 Common stock 20,000 $16.95 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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