Form 4: PEGA: Insider Trades in Common Stock and RSUs

Efstathios A. Kouninis, SVP and Chief Accounting Officer at PEGA, reported transactions involving the acquisition and disposition of common stock and restricted stock units.

Summary

• Efstathios A. Kouninis, SVP, Chief Accounting Officer at PEGA, engaged in several transactions on June 4th and June 5th, 2026.
• On June 4th, 324 shares of common stock were acquired at $0 cost, increasing beneficial ownership to 2,622 shares. Additionally, 79 shares were disposed of at $35.11 per share, reducing beneficial ownership to 2,543 shares.
• On June 5th, 440 shares of common stock were acquired at $0 cost, increasing beneficial ownership to 2,983 shares. Furthermore, 108 shares were disposed of at $35.44 per share, reducing beneficial ownership to 2,875 shares.
• The filing also details transactions related to Restricted Stock Units (RSUs). On June 4th, 324 RSUs were acquired at $0 cost, with 25% vesting on March 4th, 2026, and the remainder vesting quarterly over three years. This resulted in 3,554 RSUs being beneficially owned.
• On June 5th, 440 RSUs were acquired at $0 cost, with 25% vesting on March 5th, 2025, and the remainder vesting quarterly over three years. This resulted in 3,082 RSUs being beneficially owned.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily details routine insider equity transactions related to compensation and personal trading, without significant positive or negative strategic implications.

Positives

• Acquisition of 324 and 440 shares of common stock at no cost on June 4th and June 5th, 2026, respectively, indicating potential equity-based compensation or grants.
• Acquisition of 324 and 440 Restricted Stock Units (RSUs) at no cost on June 4th and June 5th, 2026, respectively, which represent future potential equity ownership.

Negatives

• Disposition of 79 shares of common stock at $35.11 on June 4th, 2026, and 108 shares at $35.44 on June 5th, 2026, suggesting potential profit-taking or diversification by the reporting person.

Future Outlook

The vesting schedules for the Restricted Stock Units indicate continued equity grants and potential future share ownership over the next three years, contingent on continued employment and vesting conditions.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions. The reported acquisitions of stock and RSUs at $0 cost are typical for executive compensation packages, while the sales may represent personal financial planning or diversification strategies by the reporting individual.

Stakeholder Impact

• Shareholders: The transactions do not immediately suggest a significant impact on share price, as they are typical insider compensation and trading activities. However, the aggregate of insider selling could be monitored.
• Employees: The acquisition of RSUs by management reinforces the company's use of equity-based compensation, aligning executive interests with long-term shareholder value.
• Management: Efstathios A. Kouninis continues to hold a significant beneficial ownership in the company through acquired shares and vested RSUs.

Next Steps

• Continued vesting of Restricted Stock Units over the next three years.
• Potential future transactions by Efstathios A. Kouninis as disclosed in subsequent filings.

Key Dates

Keywords

PEGA, Form 4, Insider Trading, Common Stock, Restricted Stock Units, Equity Compensation, Beneficial Ownership, Securities Exchange Act