Pegasystems (PEGA) Director Peter Gyenes Receives Stock Award

What Happened
Peter Gyenes, a director of Pegasystems Inc. (PEGA), was granted compensation on August 15, 2026: 3,868 unrestricted shares of common stock and a derivative award recorded as 7,947 shares (a non‑statutory stock option). Both entries show acquisition at $0.00, reflecting director compensation rather than an open‑market purchase.

Key Details

• Transaction date(s): August 15, 2026; Form 4 filed August 18, 2026. No late‑filing flag is indicated in the provided record.
• Grants: 3,868 shares of common stock (acquired at $0.00) and a derivative award of 7,947 shares (acquired at $0.00).
• Footnotes: F1 — the 3,868 shares are unrestricted stock received as consideration for the director annual term. F2 — the 7,947 item is a non‑statutory stock option that fully vested on issuance as director compensation.
• Shares owned after transaction: not disclosed in the provided filing.

Context
These transactions are director compensation (awards/grants), a routine form of non‑cash pay for board service; they are not open‑market buys or sales. The derivative entry represents an option grant that vested immediately on issuance per the footnote — not a sale or cashless exercise. For retail investors, such awards indicate company compensation practices but do not alone signal the director’s personal buying/selling view of the stock.