Form 4: Pegasystems Director Larry Weber Reports Gift of Common Stock
SEC Form 4 Filing
Director Larry Weber reported a gift of 582 shares of Pegasystems Inc. common stock to family members on February 19, 2025.
Summary
- On February 19, 2025, Larry Weber, a director of Pegasystems Inc., reported a transaction involving the company's common stock.
- Weber gifted 582 shares of common stock to family members.
- Following the transaction, Weber directly owns 7,647 shares of Pegasystems Inc.
- The transaction was reported on February 21, 2025.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a gift of shares, which is neutral in sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The gift of shares by a director could be perceived as a positive sign, indicating confidence in the company's future, although the impact is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 02/19/2025 | Date of transaction: Larry Weber gifted common stock. |
| 02/21/2025 | Date of Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Pegasystems, PEGA, Larry Weber, Director, Common Stock, Gift
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