Pegasystems (PEGA) Director Rohit Ghai Receives Awards

What Happened Rohit Ghai, a director of Pegasystems, received director compensation on August 15, 2026 consisting of 3,868 unrestricted shares of common stock (acquired at $0.00) and a derivative award of 7,947 shares (reported at $0.00). The unrestricted shares were issued as consideration for his service for the annual term; the 7,947-item entry represents a non‑statutory stock option that fully vested on issuance. These were grants/awards (not open‑market purchases or sales).

Key Details

• Transaction date: 2026-08-15; Filing date (Form 4): 2026-08-18 (appears timely — within SEC two-business-day rule).
• Consideration/pricing: Both entries reported at $0.00 (standard for compensation grants); reported acquisition totals: 3,868 shares (unrestricted) and 7,947 derivative shares (option grant).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes: F1 = unrestricted common stock received for director service; F2 = non‑statutory stock option that fully vested on issuance as director compensation.
• Transaction type: Code A (award/grant). This is compensation, not a purchase or sale.

Context

• The 3,868 shares are outright stock issued as director pay; the 7,947 "derivative" entry is an option grant that creates the right to future shares if/when exercised (it was granted vested, but not exercised or sold in this filing).
• Director compensation grants are routine and do not necessarily signal a personal market view. No sale or exercise occurred in this report.