Form 4: Pegasystems VP of Finance Reports Stock Transactions Following RSU Vesting
SEC Form 4 Filing
Efstathios A. Kouninis, VP of Finance & CAO at Pegasystems, reports transactions related to the vesting of restricted stock units (RSUs) and subsequent tax withholding.
Summary
- On March 3, 2025, Efstathios A. Kouninis, VP of Finance & CAO at Pegasystems, filed a Form 4 with the SEC.
- The filing details transactions related to the vesting of restricted stock units (RSUs).
- These transactions include the acquisition of common stock upon RSU vesting and the disposal of shares to cover tax withholding obligations.
- The reported transactions occurred on March 3, 2025.
- The price of the disposed shares for tax withholding was $78.51.
- The filing indicates that these transactions were made pursuant to the vesting schedule of previously granted RSUs.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions related to RSU vesting. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard compensation practices involving stock-based compensation.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect standard compensation practices.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Date of earliest transaction and release date of vested RSUs. |
| 03/04/2025 | Date of Form 4 filing. |
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