Filing Details

Accession Number:
0001013857-25-000132
Form Type:
4
Zero Holdings:
No
Publication Time:
2025-05-13 17:08:52
Reporting Period:
2025-05-09
Filing Date:
2025-05-13
Accepted Time:
2025-05-13 17:08:52
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1013857 Pegasystems Inc PEGA Services-Computer Processing & Data Preparation (7374) 042787865
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1855325 Kerim Rifat Akgonul C/O Pegasystems Inc.
225 Wyman Street, Ste 300
Waltham MA 02451
Chief Product Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2025-05-09 12,000 $47.27 56,640 No 4 M Direct
Common Stock Disposition 2025-05-09 8,836 $92.77 47,804 No 4 F Direct
Common Stock Acquisiton 2025-05-09 12,000 $33.90 59,804 No 4 M Direct
Common Stock Disposition 2025-05-09 8,067 $92.77 51,737 No 4 F Direct
Common Stock Disposition 2025-05-09 4,454 $92.82 47,283 No 4 S Direct
Common Stock Disposition 2025-05-09 2,643 $92.92 44,640 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 F Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Options Disposition 2025-05-09 12,000 $0.00 12,000 $47.27
Common Stock Stock Options Disposition 2025-05-09 12,000 $0.00 12,000 $33.90
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
6,227 2025-03-07 2033-03-07 No 4 M Direct
77,682 2023-02-02 2032-11-02 No 4 M Direct
Footnotes
  1. Represents the exercise price of the stock options referenced in Table II and Mr. Akgonul's tax liability, which were paid by way of the Company withholding shares of equal value.
  2. Represents the weighted average of sale prices, ranging from $92.81 to $92.88. 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.
  3. Does not include shares of common stock subject to unvested restricted stock units and/or options awards.
  4. On March 7, 2023, the reporting person was granted an option to purchase 18,227 shares of common stock. The option vested in two installments: 25% vested on the first anniversary of the date of grant, and 75% vested on the second anniversary of the date of grant.
  5. Options will vest in equal quarterly installments over a four year period with the first vest occurring on February 2, 2023.