John Gerard Higgins - 01 Sep 2025 Form 4 Insider Report for PEGASYSTEMS INC (PEGA)

Role
Chief, Client &Partner Success
Signature
/s/ Ewelina Kemp, Attorney-in-Fact for John Gerard Higgins
Issuer symbol
PEGA
Transactions as of
01 Sep 2025
Net transactions value
-$75,786
Form type
4
Filing time
04 Sep 2025, 16:52:40 UTC
Previous filing
13 Jun 2025
Next filing
09 Sep 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Higgins John Gerard Chief, Client &Partner Success C/O PEGASYSTEMS INC., 225 WYMAN STREET, STE 300, WALTHAM /s/ Ewelina Kemp, Attorney-in-Fact for John Gerard Higgins 04 Sep 2025 0001915414

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PEGA Common stock Options Exercise $0 +920 +2.4% $0.000000 39,985 01 Sep 2025 Direct F1
transaction PEGA Common stock Tax liability $27,864 -514 -1.3% $54.21 39,471 01 Sep 2025 Direct
transaction PEGA Common stock Options Exercise $0 +184 +0.47% $0.000000 39,655 01 Sep 2025 Direct F2
transaction PEGA Common stock Tax liability $5,584 -103 -0.26% $54.21 39,552 01 Sep 2025 Direct
transaction PEGA Common stock Options Exercise $0 +184 +0.47% $0.000000 39,736 01 Sep 2025 Direct F3
transaction PEGA Common stock Tax liability $5,584 -103 -0.26% $54.21 39,633 01 Sep 2025 Direct
transaction PEGA Common stock Options Exercise $0 +1,030 +2.6% $0.000000 40,663 01 Sep 2025 Direct F4
transaction PEGA Common stock Tax liability $31,171 -575 -1.4% $54.21 40,088 01 Sep 2025 Direct
transaction PEGA Common stock Options Exercise $0 +184 +0.46% $0.000000 40,272 01 Sep 2025 Direct F5
transaction PEGA Common stock Tax liability $5,584 -103 -0.26% $54.21 40,169 01 Sep 2025 Direct F6

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 Restricted Stock Units Options Exercise $0 -920 -33% $0.000000 1,840 01 Sep 2025 Common stock 920 $0.000000 Direct F1, F7, F8
transaction PEGA Restricted Stock Units Options Exercise $0 -184 -33% $0.000000 368 01 Sep 2025 Common stock 184 $0.000000 Direct F2, F7, F8
transaction PEGA Restricted Stock Units Options Exercise $0 -184 -14% $0.000000 1,106 01 Sep 2025 Common stock 184 $0.000000 Direct F3, F7, F8
transaction PEGA Restricted Stock Units Options Exercise $0 -1,030 -14% $0.000000 6,170 01 Sep 2025 Common stock 1,030 $0.000000 Direct F4, F7, F8
transaction PEGA Restricted Stock Units Options Exercise $0 -184 -9.1% $0.000000 1,846 01 Sep 2025 Common stock 184 $0.000000 Direct F5, F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a 5% vesting on September 1, 2025, with a release date of September 2, 2025, the first business day following vesting. The original grant was 9,207 restricted stock units, with 20% vesting on June 1, 2021, and the remaining 80% vesting in equal quarterly installments over the remaining four years.
F2 Represents a 5% vesting on September 1, 2025, with a release date of September 2, 2025, the first business day following vesting. The original grant was 1,842 restricted stock units, with 20% vesting on March 1, 2022, and the remaining 80% vesting in equal quarterly installments over the remaining four years.
F3 Represents a 5% vesting on September 1, 2025, with a release date of September 2, 2025, the first business day following vesting. The original grant was 1,844 restricted stock units, with 20% vesting on March 1, 2023, and the remaining 80% vesting in equal quarterly installments over the remaining four years.
F4 Represents a 5% vesting on September 1, 2025, with a release date of September 2, 2025, the first business day following vesting. The original grant was 10,285 restricted stock units, with 20% vesting on March 1, 2023 and the remaining 80% vesting in equal quarterly installments over the remaining four years.
F5 Represents a 5% vesting on September 1, 2025, with a release date of September 2, 2025, the first business day following vesting. The original grant was 1,845 restricted stock units, with 20% vesting on March 1, 2024, and the remaining 80% vesting in equal quarterly installments over the remaining four years.
F6 Beneficial ownership totals reflect Pegasystems Inc.'s 2-for-1 forward stock split effectuated on June 20, 2025, and a correction to the number of shares directly held, which was previously incorrectly reported as lower (on a pre-split basis) due to an administrative error. Includes shares acquired on June 30, 2025 pursuant to the employee stock purchase plan.
F7 Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock.
F8 All share amounts 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.