STILLWELL KENNETH 4
4 · PEGASYSTEMS INC · Filed Mar 12, 2026
Research Summary
AI-generated summary of this filing
Pegasystems (PEGA) COO/CFO Kenneth Stillwell Sells 44,000 Shares
What Happened
Kenneth Stillwell, Pegasystems' (PEGA) COO and CFO, disposed of 44,000 shares in an open-market sale on March 10, 2026. The Form 4 reports a weighted average sale price of $44.81, totaling $1,971,640. This was a sale (S), which is commonly a routine liquidity event rather than a direct signal of company outlook.
Key Details
- Transaction date: March 10, 2026; Form 4 filed March 12, 2026 (no late filing indicated).
- Shares sold: 44,000; reported weighted-average price: $44.81; total proceeds: $1,971,640.
- Price range (per footnote F1): sales ranged from $44.52 to $45.42; the insider will provide, on request, the number of shares sold at each price.
- Transaction type: S = sale (open market or private sale as reported).
- Shares owned after transaction: not disclosed in the provided filing.
Context
Sales by executives are often routine (diversification, tax, liquidity) and are less informative than purchases when gauging insider confidence. This filing shows a straightforward sale of shares rather than an option exercise, grant, or gift.
Insider Transaction Report
Form 4
PEGASYSTEMS INCPEGA
STILLWELL KENNETH
COO, CFO
Transactions
- Sale
Common stock
[F1]2026-03-10$44.81/sh−44,000$1,971,640→ 109,123 total
Holdings
- 1,908(indirect: By Children)
Common stock
Footnotes (1)
- [F1]Represents the weighted average of sale prices, ranging from $44.52 to $45.42 . The individual has provided the Company, and undertakes to provide to the staff of the Security and Exchange Commission or any security holder of the Company, upon request, full information regarding the number of shares sold at each separate price.
Signature
/s/Kathryn Leach, Attorney-in-Fact for Kenneth Stillwell|2026-03-12