Form 4: Pegasystems' Chief Product Officer, Rifat Kerim Akgonul, Reports Stock Sale
SEC Form 4 Filing
Rifat Kerim Akgonul, Chief Product Officer of Pegasystems, reported the sale of 1,000 shares of common stock on October 28, 2024.
Summary
- On October 28, 2024, Rifat Kerim Akgonul, the Chief Product Officer of Pegasystems Inc., sold 1,000 shares of the company's common stock.
- The sale was executed at a price of $80.07 per share.
- Following the transaction, Akgonul directly owns 47,119 shares of Pegasystems common stock.
- The reporting was filed as a Form 4 with the Securities and Exchange Commission (SEC).
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale by a company officer, which is neutral in sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor potential alignment or misalignment of interests between management and shareholders.
Stakeholder Impact
- The stock sale may have a minor impact on shareholder sentiment, depending on the investor's interpretation of the transaction.
Key Dates
| Date | Description |
|---|---|
| October 2024 | Date of Power of Attorney execution. |
| 10/28/2024 | Date of the stock sale transaction. |
| 10/29/2024 | Date of the Form 4 filing. |
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