Leon Trefler - 23 Oct 2025 Form 4 Insider Report for PEGASYSTEMS INC (PEGA)

Signature
/s/Kathryn Leach, Attorney-in-Fact for Leon Trefler
Issuer symbol
PEGA
Transactions as of
23 Oct 2025
Transactions value $
-$1,553,972
Form type
4
Filing time
27 Oct 2025, 16:18:18 UTC
Previous filing
09 Sep 2025
Next filing
03 Dec 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Trefler Leon Chief of Clients and Markets C/O PEGASYSTEMS INC., 225 WYMAN STREET, STE 300, WALTHAM /s/Kathryn Leach, Attorney-in-Fact for Leon Trefler 27 Oct 2025 0001480560

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PEGA Common stock Options Exercise $385K +30.6K +25.75% $12.60 149K 23 Oct 2025 Direct
transaction PEGA Common stock Tax liability -$997K -15.7K -10.53% $63.40 134K 23 Oct 2025 Direct
transaction PEGA Common stock Sale -$942K -14.9K -11.12% $63.40 119K 23 Oct 2025 Direct F1

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 Options Options Exercise $0 -30.6K -100% $0.00 0 23 Oct 2025 Common stock 30.6K $12.60 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the weighted average of sale prices, ranging from $63.40 to $63.46. 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.
F2 The share amounts and price data in this Form 4 have been restated to reflect a 2-for-1 forward stock split of Pegasystems Inc.'s common stock effectuated on June 20, 2025.
F3 This option vested as to 20% of the shares subject to the option on the Date Exercisable set forth in Table II and as to the remaining 80% of shares in equal quarterly installments over the following four years.