Akgonul Rifat Kerim 4

What Happened
Akgonul Rifat Kerim, Chief Product Officer of Pegasystems (PEGA), sold 4,545 shares on May 19, 2026 at $33.35 per share, for total proceeds of approximately $151,576. The Form 4 records the transaction as a sale (code S) and notes it as an open-market or private sale.

Key Details

• Transaction date: May 19, 2026
• Price per share: $33.35
• Shares sold: 4,545
• Total proceeds: ~$151,576
• Transaction type/code: Sale (S) — reported as open-market or private sale
• Shares owned after transaction: Not disclosed in the filing
• Filing date: May 20, 2026 (filed promptly; not reported late)
• Footnotes/plan: No 10b5-1 plan, tax-withholding, or other footnotes were indicated in the provided filing

Context
This was a sale, which by itself does not necessarily indicate a change in the insider’s view of the company — insiders sell for many reasons (diversification, taxes, personal liquidity, scheduled plans). Purchases by insiders are generally considered more informative about confidence in the stock.