Derivative exercise or conversion — not an open-market buy.
Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell
View the official recordSEC Form 4 — Statement of Changes in Beneficial OwnershipAll the details
Dates, kept separate
Transaction date
Oct 23, 2025
Reporting period
Not applicable
Filed with the SEC
Oct 28, 2025
OfficerOption exercise
Context
Classification
option exercise
Code M — exercise or conversion of a derivative security
Planned / mechanical clue
Footnote references vesting of compensation awards
Only flagged when a footnote says so; never inferred
Source receipt
Record ID
0001353196-25-000015
Filed / recorded
Oct 28, 2025, 12:16 AM UTC
Added to OQRO
Oct 6, 2026, 8:46 PM UTC
Parser
form4-xml-v2
Data quality
Verified: identifiers matched exactly
Issuer
PEGASYSTEMS INC
Issuer CIK
1013857
Ticker
PEGA
Reporting person
Efstathios A Kouninis
Relationship
Officer
Officer title
SVP, Chief Accounting Officer
Security
Stock Options
Table
Derivative (Table II)
Transaction date
Oct 23, 2025
Transaction code
M
Shares / units
8,006
Price per share
$0.00
Acquired / disposed
Disposed (D)
Shares owned after
0
Ownership form
Direct
Amendment
No
Footnotes from the filing
The share amounts and price data in this Form 4 have been restated to reflect a 2-for-1 forward stock split of Pegasystems Inc.'s common stock effectuated on June 20, 2025.
20% of the shares subject to this option vested on the Date Exercisable set forth in Table II, and the remaining 80% of the shares vested in equal quarterly installments over the following four years.