Pegasystems (PEGA) SVP Efstathios Kouninis Sells 1,720 Shares

What Happened
Efstathios A. Kouninis, SVP and Chief Accounting Officer of Pegasystems (PEGA), sold a total of 1,720 shares in two open-market transactions: 860 shares on 2026-08-07 at $32.30 ($27,778) and 860 shares on 2026-08-10 at $33.10 ($28,466), for combined proceeds of $56,244. These were sales (dispositions), not purchases.

Key Details

• Transaction dates and amounts: 2026-08-07 — 860 shares @ $32.30 ($27,778); 2026-08-10 — 860 shares @ $33.10 ($28,466).
• Total shares sold: 1,720; total proceeds: $56,244.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Filing: Form 4 was filed on 2026-08-11 and reports both trades. Note that officers are generally required to file Form 4 within two business days; the Aug 7 trade appears reported more than two business days after the trade.
• No 10b5-1 plan, tax withholding, or other footnotes were provided in the supplied details.

Context
These transactions are insider sales, which are common and may reflect routine portfolio management, tax needs, or other personal reasons; they do not by themselves indicate company performance or insider sentiment. Purchases are generally more indicative of bullish insider conviction; this filing shows only sales.