KOUNINIS EFSTATHIOS A 4

What Happened

• Efstathios A. Kouninis, SVP and Chief Accounting Officer of Pegasystems, reported an open-market sale of 1,000 shares of PEGA on 2026-03-17.
• The shares were sold at $42.88 each for total proceeds of $42,880. This was a sale (transaction code S), not a purchase or option exercise.

Key Details

• Transaction date: 2026-03-17; reported price: $42.88 per share; total value: $42,880.
• Filing date (Form 4): 2026-03-19 (filed two days after the trade).
• Shares owned after the transaction: not specified in the provided filing details.
• No 10b5‑1 plan, tax‑withholding note, or other footnotes were indicated in the excerpt provided.

Context

• This was an open‑market sale. Such sales can be routine (e.g., diversification or personal liquidity) and do not by themselves indicate the insider’s view of the company.