ALAN TREFLER - 16 Apr 2025 Form 4/A - Amendment Insider Report for PEGASYSTEMS INC (PEGA)

Role
C.E.O. & Chairman, Director, 10%+ Owner
Signature
/s/ Ewelina Kemp, Attorney-in-Fact for Alan Trefler
Issuer symbol
PEGA
Transactions as of
16 Apr 2025
Net transactions value
-$4,314,080
Form type
4/A - Amendment
Filing time
11 Jul 2025, 17:05:49 UTC
Date Of Original Report
21 Apr 2025
Previous filing
13 Mar 2025
Next filing
28 May 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
TREFLER ALAN C.E.O. & Chairman, Director, 10%+ Owner C/O PEGASYSTEMS INC., 225 WYMAN STREET, STE 300, WALTHAM /s/ Ewelina Kemp, Attorney-in-Fact for Alan Trefler 11 Jul 2025 0001032235

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PEGA Common stock Sale $1,014,507 -14,950 -0.09% $67.86 17,201,164 16 Apr 2025 Direct F1, F2
transaction PEGA Common stock Sale $1,032,819 -15,001 -0.09% $68.85 17,186,163 16 Apr 2025 Direct F1, F3
transaction PEGA Common stock Sale $107,656 -1,549 -0.01% $69.50 17,184,614 16 Apr 2025 Direct F1, F4
transaction PEGA Common stock Sale $2,084,927 -30,428 -0.18% $68.52 17,154,186 17 Apr 2025 Direct F1, F5, F6, F7
transaction PEGA Common stock Sale $74,172 -1,072 -0.01% $69.19 17,153,114 17 Apr 2025 Direct F1, F7, F8
holding PEGA Common stock 1,605,503 16 Apr 2025 Alan N. Trefler Irrevocable Non-GST Trust of 2022
holding PEGA Common stock 5,067,271 16 Apr 2025 Alan N. Trefler Grantor Retained Annuity Trust I of 2023
holding PEGA Common stock 2,190,736 16 Apr 2025 Alan N. Trefler Grantor Retained Annuity Trust II of 2023
holding PEGA Common stock 7,500,000 16 Apr 2025 Alan N. Trefler Grantor Retained Annuity Trust I of 2024
holding PEGA Common stock 6,000,000 16 Apr 2025 Alan N. Trefler Grantor Retained Annuity Trust II of 2024
* 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. Trefler November 6, 2024 under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
F2 Represents the weighted average of sale prices, ranging from $67.35 to $68.33. The individual has provided the Company, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Company, upon request, full information regarding the number of shares sold at each separate price.
F3 Represents the weighted average of sale prices, ranging from $68.38 to $69.34. The individual has provided the Company, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Company, upon request, full information regarding the number of shares sold at each separate price.
F4 Represents the weighted average of sale prices, ranging from $69.35 to $69.95. The individual has provided the Company, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Company, upon request, full information regarding the number of shares sold at each separate price.
F5 The original form 4, filed on April 21, 2025, is amended to correct an administrative error which overstated the amount of shares sold in this transaction by 54 shares.
F6 Represents the weighted average of sale prices, ranging from $68.01 to $69.00. The individual has provided the Company, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Company, upon request, full information regarding the number of shares sold at each separate price.
F7 The original Form 4, filed on April 21, 2025, reflected an administrative error in the amount of shares sold being overstated by 54 shares, which then led to the underreporting of Mr. Trefler's beneficial ownership by the same. This corrected form reflects the increase of Mr. Trefler's beneficial ownership by 54 shares.
F8 Represents the weighted average of sale prices, ranging from $69.08 to $69.35. The individual has provided the Company, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Company, upon request, full information regarding the number of shares sold at each separate price.