PEGA PEGASYSTEMS INC
Price Chart
Executive Summary
Multiple C-suite executives at Pegasystems, including the CFO and Chief Product Officer, conducted stock transactions over a 7-day period, primarily involving derivative exercises and tax-related share withholdings. The cluster includes $2.6M in open-market sales, with the largest sale by CFO Kenneth Stillwell, representing modest insider selling activity.
Key Financial Metrics
Actionable Insight
Monitor for additional insider selling in the next 30 days; current activity appears consistent with routine option exercises and tax planning, not a strong negative signal given low dollar volume relative to market cap.
Key Facts
- CFO Kenneth Stillwell sold $1.97M in open-market transactions.
- Chief Product Officer Rifat Akgonul sold $352K in shares and surrendered $953K in shares for tax withholding.
- All derivative exercises were non-cash events (totaling 0 economic value).
- Total open-market sales: $2.6M across three insiders.
- Total cluster value (open-market sales only): ~0.036% of $7.2B market cap — below 0.1% threshold for materiality.
- No open-market purchases observed; all buying was via derivative exercises.
Financial Impact
$2.6M in open-market sales, primarily from CFO and C-suite executives
Risk Factors
- Perception of insider confidence erosion if selling continues in coming weeks.
- Concentration of selling among top executives (CFO, COO, CPO) could raise questions despite routine nature.
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (18 trades, 7d window) | cluster-PEGA-1773433172167 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 8, 2026
1d ago
|
8-K
| $35.10 awaiting T+20 | awaiting T+20 | — | $35.11 (+0.03%) |
|
Apr 24, 2026
6w ago
|
DEFA14A
| $36.77 $34.33 | ▼ −6.64% | ▼ −11.59% | $35.11 (−4.51%) |
|
Apr 21, 2026
7w ago
|
8-K
| $37.48 $33.50 | ▲ +10.62% | ▲ +13.78% | $35.11 (+6.32%) |
|
Mar 10, 2026
13w ago
|
Insider Cluster
| $44.66 $41.20 | ▼ −7.74% | ▼ −7.59% | $35.11 (−21.38%) |
|
Mar 10, 2026
13w ago
|
Insider Cluster
| $44.66 $41.20 | ▼ −7.74% | ▼ −7.59% | $35.11 (−21.38%) |
|
Mar 10, 2026
13w ago
|
Insider Cluster
| $44.66 $41.20 | ▼ −7.74% | ▼ −7.59% | $35.11 (−21.38%) |
|
Mar 10, 2026
13w ago
|
Insider Cluster
| $44.66 $41.20 | ▲ +7.74% | ▲ +7.59% | $35.11 (+21.38%) |
US Market Status
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