SEC Form 4 · accession 0001353196-26-000024
PEGASYSTEMS INC · PEGA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Efstathios A Kouninis
Officer — SVP, Chief Accounting Officer
Period of report
Aug 31, 2026
Accepted (ET)
Sep 2, 2026 · 4:03 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001013857
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stock | Aug 31, 2026 | M | 2,500 | $16.95 | A | 3,509 | D | |
| Common stock | Aug 31, 2026 | F | 1,488 | $36.50 | D | 2,021 | D | |
| Common stock | Aug 31, 2026 | S | 1,012 | $36.50 | D | 1,009 | D | |
| Common stock | Sep 1, 2026 | M | 206 | $0.00 | A | 1,215 | D | |
| Common stock | Sep 1, 2026 | F | 51 | $36.81 | D | 1,164 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF1 | $16.95 | Aug 31, 2026 | M | 2,500 | D | Feb 2, 2023 | Nov 2, 2032 | Common stock | 2,500 | 9,300 | D |
| Restricted Stock UnitsF2,F3 | $0.00 | Sep 1, 2026 | M | 206 | D | Mar 1, 2023 | Mar 1, 2027 | Common stock | 206 | 412 | D |
Explanation of responses
- F1Options will vest in equal quarterly amounts over a four year period with the first vest occurring on February 2, 2023.
- F2Each restricted stock unit represents the right to receive, following vesting, one share of common stock.
- F320% of the restricted stock units vested on the Date Exercisable in Table II, and the remaining 80% vest in equal quarterly installments over the following four years.