Rifat Kerim Akgonul - Apr 23, 2025 Form 4 Insider Report for PEGASYSTEMS INC (PEGA)

Role
Chief Product Officer
Signature
/s/ Ewelina Kemp, Attorney-in-Fact for Rifat Kerim Akgonul
Stock symbol
PEGA
Transactions as of
Apr 23, 2025
Transactions value $
-$891,860
Form type
4
Date filed
4/25/2025, 05:33 PM
Previous filing
Mar 13, 2025
Next filing
May 5, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PEGA Common stock Sale -$175K -2K -3.53% $87.31 54.6K Apr 23, 2025 Direct F1
transaction PEGA Common stock Sale -$180K -2K -3.66% $90.00 52.6K Apr 23, 2025 Direct F1
transaction PEGA Common stock Sale -$537K -6K -11.4% $89.54 46.6K Apr 24, 2025 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Sold pursuant to a pre-arranged trading plan adopted by Mr. Akgonul November 25, 2024 under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
F2 Does not include shares of common stock subject to unvested restricted stock units and/or options awards. Includes shares acquired on March 31, 2025 pursuant to the company stock purchase plan.