Form 4: Pegasystems COO/CFO Gifts Shares to Children

Pegasystems Inc. COO and CFO Kenneth Stillwell reported gifting 1,908 shares of common stock to his children.

Summary

• Kenneth Stillwell, the Chief Operating Officer and Chief Financial Officer of Pegasystems Inc. (PEGA), reported a change in beneficial ownership.
• On December 12, 2025, Mr. Stillwell directly disposed of 1,908 shares of Pegasystems Inc. common stock.
• These shares were simultaneously acquired indirectly by his children as a gift, with a transaction price of $0 per share.
• Following this transaction, Mr. Stillwell directly beneficially owns 126,880 shares of common stock.
• His children indirectly beneficially own 1,908 shares, for which Mr. Stillwell disclaims beneficial ownership except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The filing reports a personal gift transaction by an insider, which is generally neutral in terms of market sentiment for the company's stock.

Future Outlook

This filing does not contain any forward-looking statements or guidance.

Industry Context

This filing reports a routine insider transaction (a gift of shares) and does not provide information related to broader industry trends or competitive landscape.

Related Party Transactions

• Kenneth Stillwell, COO and CFO, gifted 1,908 shares of Pegasystems Inc. common stock to his children.

Stakeholder Impact

• Minimal direct impact on shareholders, employees, customers, suppliers, or creditors, as this is a personal financial planning transaction by an executive.

Key Dates

Keywords

Pegasystems, PEGA, Kenneth Stillwell, Insider Transaction, Form 4, Stock Gift, Beneficial Ownership