Pegasystems (PEGA) SVP Efstathios Kouninis Sells 982 Shares

What Happened Efstathios A. Kouninis, SVP and Chief Accounting Officer of Pegasystems (PEGA), sold 982 shares in an open-market transaction on September 16, 2026. The shares were sold at $37.35 each for total proceeds of $36,678. This was a sale (ticker code S) — sales are often routine liquidity events and do not necessarily indicate a change in the insider’s view of the company.

Key Details

• Transaction date: 2026-09-16
• Transaction type: Open-market sale (Code S)
• Shares sold: 982 at $37.35 per share
• Proceeds: $36,678
• Shares owned after transaction: Not specified in the provided filing
• Footnotes / plan disclosure: The provided filing information does not disclose a 10b5-1 plan or other special footnotes
• Filing timeliness: Report filed 2026-09-17 (next day), which is timely under Form 4 rules

Context Insider sales can be for many reasons (taxes, diversification, personal cash needs) and are not by themselves a reliable signal of company performance. Purchases are generally considered more informative about insider confidence. This Form 4 reports a straightforward open-market sale with no indicators in the provided data of a derivative exercise, grant, or other non-routine transaction.