Form 4: PegaSystems Executive Trades Common Stock and RSUs

PegaSystems COO, CFO Kenneth Stillwell reports transactions involving the acquisition and disposition of common stock and restricted stock units.

Summary

• Kenneth Stillwell, COO and CFO of PegaSystems Inc., reported several transactions on June 4th and June 5th, 2026.
• He acquired 3,230 shares of common stock on June 4th at no cost and disposed of 1,272 shares at $35.11 per share.
• On June 5th, he acquired an additional 4,402 shares of common stock at no cost and disposed of 1,733 shares at $35.44 per share.
• Stillwell also acquired restricted stock units (RSUs) on June 4th and June 5th, representing the right to receive one share of common stock upon vesting.
• Vesting schedules for RSUs indicate that 25% vested on the date of grant, with the remainder vesting quarterly over three years.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral, reflecting routine executive compensation and stock sales rather than significant strategic shifts or performance indicators.

Positives

• Acquisition of 3,230 common stock shares on June 4th and 4,402 common stock shares on June 5th at no cost, indicating potential equity grants or compensation.
• Vesting of restricted stock units suggests continued incentive-based compensation and alignment with company performance.

Negatives

• Disposition of 1,272 common stock shares on June 4th and 1,733 common stock shares on June 5th, indicating the executive is selling shares.

Future Outlook

The vesting schedules for the restricted stock units indicate ongoing equity awards that will vest over the next three years, subject to continued employment.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard for reporting insider transactions. The reported acquisitions of stock and RSUs at zero cost are typical for executive compensation, while the dispositions represent the executive monetizing their holdings.

Stakeholder Impact

• Shareholders may observe insider selling, which can sometimes be interpreted negatively, though in this case, it appears to be part of a compensation plan.
• Employees may see the RSU grants as a positive sign of executive compensation and retention efforts.

Key Dates

Keywords

PegaSystems, PEGA, Form 4, Insider Trading, Stock Transaction, Restricted Stock Units, Common Stock, Executive Compensation, SEC Filing