4/A: Pegasystems SVP Amends Beneficial Ownership Filing, Corrects Share Count

Efstathios A. Kouninis, SVP of Finance & CAO at Pegasystems Inc., filed an amended Form 4 to correct an overstatement of his beneficial ownership by 155 shares.

Summary

• Efstathios A. Kouninis, the Senior Vice President of Finance & Chief Accounting Officer (CAO) of Pegasystems Inc. (PEGA), filed an amended Form 4 (Form 4/A).
• The purpose of this amendment is to correct an error in a previously filed Form 4, specifically addressing an overstatement of Mr. Kouninis's beneficial ownership.
• The original filing on June 3, 2025, incorrectly reported his beneficial ownership, which has now been corrected to reflect 155 fewer shares.
• The amendment was signed on June 5, 2025, by Ewelina Kemp, Attorney-in-Fact for Mr. Kouninis.

Sentiment

Score: 5

Explanation: The filing is a routine amendment to correct a minor clerical error in beneficial ownership, indicating a neutral impact on company sentiment as it does not reflect operational performance or strategic changes.

Future Outlook

NA

Management Comments

• Efstathios A. Kouninis, SVP of Finance & CAO, amended his beneficial ownership statement to correct an overstatement of 155 shares, ensuring accuracy in his reported holdings.

Industry Context

This filing is a routine compliance amendment for an individual executive's share ownership and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: The correction of 155 shares in an executive's beneficial ownership is a minor clerical adjustment and is not expected to have any material impact on overall company value or operations.

Key Dates

Keywords

Pegasystems, PEGA, SEC Form 4/A, Beneficial Ownership, Insider Trading, Executive Compensation, Share Ownership Amendment