EFSTATHIOS A. KOUNINIS - 09 Jun 2025 Form 4 Insider Report for PEGASYSTEMS INC (PEGA)

Role
SVP of Finance & CAO
Signature
/s/ Ewelina Kemp, Attorney-in-Fact for Efstathios A. Kouninis
Issuer symbol
PEGA
Transactions as of
09 Jun 2025
Transactions value $
$-4,201
Form type
4
Filing time
10 Jun 2025, 17:09:03 UTC
Previous filing
09 Jun 2025
Next filing
29 Jul 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
KOUNINIS EFSTATHIOS A SVP of Finance & CAO C/O PEGASYSTEMS INC., 225 WYMAN STREET, STE 300, WALTHAM /s/ Ewelina Kemp, Attorney-in-Fact for Efstathios A. Kouninis 10 Jun 2025 0001353196

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PEGA Common stock Options Exercise $0 +166 +100% $0.000000 332 09 Jun 2025 Direct F1
transaction PEGA Common stock Tax liability $-4,201 -41 -12.3% $102.46 291 09 Jun 2025 Direct F2, F3

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 -166 -12.5% $0.000000 1,164 09 Jun 2025 Common stock 166 $0.000000 Direct F1, F4, F5
* 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 June 7, 2025, with a release date of June 9, 2025, the first business day following vesting. The original grant was 2,660 restricted stock units, with a 25% vesting on March 7, 2024. The remaining 75% will vest in equal quarterly installments over the remaining three years.
F2 Tendered to issuer to satisfy tax withholding obligations of the reporting person, exempted pursuant to Rule 16b-3(e).
F3 Does not include shares of common stock subject to unvested restricted stock units and/or options awards.
F4 Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's common stock.
F5 Once vested, the shares of common stock are not subject to expiration.