John Gerard Higgins - 03 Mar 2026 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: 03 Mar 2026
Net transactions value: $0
Form type: 4
Filing time: 05 Mar 2026, 16:23:54 UTC
Previous filing: 03 Mar 2026
Next filing: 09 Mar 2026
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	05 Mar 2026	0001915414

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PEGA	Common stock	Options Exercise		+6,462	+14%	$0.000000^*	52,794	04 Mar 2026	Direct	F1
transaction	PEGA	Common stock	Tax liability		-3,606	-6.8%	$45.01^*	49,188	04 Mar 2026	Direct
transaction	PEGA	Common stock	Options Exercise		+3,702	+7.5%	$0.000000^*	52,890	04 Mar 2026	Direct	F1
transaction	PEGA	Common stock	Tax liability		-2,066	-3.9%	$45.01^*	50,824	04 Mar 2026	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 Option	Award		+56,948		$0.000000^*	56,948	03 Mar 2026	Common stock	56,948	$45.01	Direct	F2
transaction	PEGA	Restricted Stock Units	Award		+22,342		$0.000000^*	22,342	03 Mar 2026	Common stock	22,342	$0.000000	Direct	F1, F3
transaction	PEGA	Restricted Stock Units	Award		+3,382		$0.000000^*	3,382	03 Mar 2026	Common stock	3,382	$0.000000	Direct	F1, F4
transaction	PEGA	Restricted Stock Units	Options Exercise		-3,702	-100%	$0.000000^*	0	04 Mar 2026	Common stock	3,702	$0.000000	Direct	F1, F5
transaction	PEGA	Restricted Stock Units	Options Exercise		-6,462	-25%	$0.000000^*	19,386	04 Mar 2026	Common stock	6,462	$0.000000	Direct	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents the right to receive, following vesting, one share of common stock.
F2	This stock option vests as to 25% of the shares subject thereto on the Date Exercisable in Table II, with the remaining 75% vesting in equal quarterly amounts over the following three years.
F3	25% of the restricted stock units vest on the Date Exercisable in Table II, and the remaining 75% vest in equal quarterly installments over the following three years.
F4	This award represents the election by the individual, as part of the Company's Corporate Incentive Compensation Plan (CICP), to receive half of their annual bonus in restricted share units. This restricted stock unit award vests 100% on the Date Exercisable in Table II, subject to attainment of the CICP performance threshold funding for the year ending December 31, 2026.
F5	This restricted stock unit award vested 100% based on the achievement of performance conditions under the Company's CICP related to the Company's financial results for the year ended December 31, 2025.