PEGA Director Christopher LaFond Receives Stock Award and Option Grant

What Happened
Christopher LaFond, a director of Pegasystems Inc. (PEGA), was awarded 3,868 unrestricted shares of common stock and granted a derivative award covering 7,947 shares on 2026-08-15 as compensation for his annual director term. Both transactions were reported on a Form 4 filed 2026-08-18. The reported acquisition prices are $0.00 (awards/compensation), indicating these were granted as director compensation rather than open-market purchases or sales.

Key Details

• Transaction date (period of report): 2026-08-15; Form 4 filed: 2026-08-18 (not marked late).
• Awards: 3,868 unrestricted shares @ $0.00 (grant/award).
• Derivative: 7,947-share non-statutory stock option fully vested on issuance @ $0.00 (granted as director compensation).
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Footnotes: F1 = shares received as director service compensation; F2 = non-statutory option fully vested on issuance as director compensation.
• No open-market purchases or sales reported in this filing.

Context
This is routine director compensation: outright restricted/common-share awards and an option grant issued for service, not a purchase or sale that signals immediate market sentiment. The derivative is an option granted and fully vested at issuance—exercise terms (exercise price, expiration) are not provided in the summary above, so check the full Form 4 for those details if you need them.