Insider trade

Chair sold ~$530K of PEGA shares in the open market

Traded Feb 17, 2026 · Filed Feb 20, 2026

Why it stands out

Pegasystems's C.E.O. & Chairman sold $530K of Pegasystems shares. It was planned long ago, so it says very little.

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 Ownership

All the details

Chair$500K–$1MPre-arranged plan referenced

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$529,799

Shares × reported transaction price

Timing vs results

7 days after results of Feb 10, 2026, 63 days before results of Apr 21, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Planned / mechanical clue

Footnote references a pre-arranged trading plan (Rule 10b5-1)

Only flagged when a footnote says so; never inferred

After	Stock	S&P 500	Difference
7 days	−3.6%	−0.5%	−3.1%
30 days	−2.2%	−4.9%	+2.7%
90 days	−24.5%	+7.7%	−32.2%
180 days	−25.4%	+11.6%	−37.0%

Past results only. Not a forecast.

Sold pursuant to a pre-arranged trading plan adopted by Mr. Trefler on November 11, 2025 under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
Represents the weighted average of sale prices, ranging from $45.00 to $45.37. 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.