Form 4: PegaSystems SVP of Finance Sells 658 Shares

Efstathios A. Kouninis, SVP of Finance & CAO at PegaSystems, sold 658 shares of common stock at $89.9 on April 24, 2025.

Summary

• On April 24, 2025, Efstathios A. Kouninis, the SVP of Finance & CAO at PegaSystems Inc., sold 658 shares of the company's common stock.
• The sale price was $89.9 per share.
• Following the transaction, Kouninis still directly owns 1,000 shares of PegaSystems common stock.
• The filing indicates that the reported holdings do not include shares subject to unvested restricted stock units and/or options awards.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a sale of shares by a company insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.

Industry Context

Form 4 filings are a routine part of the US financial market, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The sale of shares by a company insider could be perceived differently by stakeholders.
• Some may view it as a lack of confidence in the company's future, while others may see it as a personal financial decision.

Key Dates

Keywords

Form 4, Insider Trading, Stock Sale, PEGASYSTEMS INC, PEGA, Efstathios A. Kouninis, SVP of Finance, CAO