Form 4: PegaSystems SVP of Finance & CAO, Efstathios Kouninis, Reports Sale of Common Stock
SEC Form 4 Filing
Efstathios Kouninis, SVP of Finance & CAO at PegaSystems, reported the sale of 500 shares of common stock at a price of $99.25 on May 16, 2025, resulting in a beneficial ownership of zero shares.
Summary
- On May 16, 2025, Efstathios A. Kouninis, the SVP of Finance & CAO of Pegasystems Inc. (PEGA), sold 500 shares of common stock.
- The sale price was $99.25 per share.
- Following the transaction, Kouninis directly owns zero shares of Pegasystems Inc. common stock.
- The reported transaction was filed on May 20, 2025.
Sentiment
Score: 5
Explanation: This is a neutral report of an insider stock sale. The sentiment is neither positive nor negative without additional context.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in company stock. It is difficult to assess the context of this sale without more information.
Stakeholder Impact
- The sale of shares by an insider could be perceived negatively by some shareholders, but the impact is likely minimal given the small number of shares sold.
Key Dates
| Date | Description |
|---|---|
| 05/16/2025 | Date of transaction: Efstathios A. Kouninis sold 500 shares of common stock. |
| 05/20/2025 | Date of filing: The Form 4 was filed. |
Keywords
Form 4, Beneficial Ownership, Pegasystems, PEGA, Kouninis, Stock Sale, Insider Trading
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