Pegasystems (PEGA) Director Richard H. Jones Receives Awards

What Happened

• Richard H. Jones, a director of Pegasystems, was awarded equity on Aug 15, 2026 as director compensation. He received 3,868 unrestricted shares (reported at $0.00) and was granted a non‑statutory stock option covering 7,947 shares (reported at $0.00). The grants were compensation for his annual term; the awards are not open‑market purchases or sales.

Key Details

• Transaction date: 2026-08-15; Form 4 filed: 2026-08-18.
• Awards: 3,868 unrestricted common shares (price reported $0.00); option grant for 7,947 shares (reported $0.00).
• Total immediate/available shares: 3,868 common shares; total potential shares including option: 11,815 underlying shares.
• Footnotes: F1 — the 3,868 shares are unrestricted common stock issued for director service. F2 — the 7,947-share instrument is a non‑statutory stock option that fully vested on issuance as consideration for director service.
• Shares owned after the transaction: not specified in the provided summary.
• Filing timeliness: filed Aug 18, 2026 reporting Aug 15, 2026 transactions; no late‑filing flag indicated in the provided data.

Context

• These transactions are compensatory awards (Form 4 code A). The option grant increases potential future dilution if exercised; exercise and sale would be reported separately. Because the option was fully vested on grant, the holder can exercise under the option’s terms, but no exercise or sale is reported here. Awards made to directors as routine annual compensation do not necessarily signal a trading intent.