Pegasystems (PEGA) executive Trefler acquired 2,202 shares
Insider transactions reported
Leon Trefler (Chief of Clients and Markets at Pegasystems Inc., PEGA) reported that they acquired 2,202 shares, and gave up 537 shares at $47.05 to cover taxes or an exercise price on Mar 5, 2026. After these transactions the filing shows 123,062 shares held directly.
- Reporting person
- Trefler Leon
- Role
- Chief of Clients and Markets
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Mar 5, 2026 | Exercise or conversion of a derivative (M) | Common stock1 | +2,202 | - | - | 123,599 direct |
| Mar 5, 2026 | Shares withheld for taxes or exercise price (F) | Common stock | -537 | $47.05 | $25.3K | 123,062 direct |
Options and other derivatives
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Mar 5, 2026 | Exercise or conversion of a derivative (M) | Restricted Stock UnitsOn 2,202 Common stock1, 2 | -2,202 | - | - | 17,608 direct |
Holdings before and after
- Common stock: 121,397 to 123,062 direct
- Restricted Stock Units: 19,810 to 17,608 direct
Footnotes from the filing
- 1. Each restricted stock unit represents the right to receive, following vesting, one share of common stock.
- 2. 25% of the restricted stock units vest on the Date Exercisable in Table II, and the remaining 75% vest in equal quarterly installments over the following three years.
Transaction codes in this filing
- Exercise or conversion of a derivative:
- Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
- Shares withheld for taxes or exercise price:
- Code F marks shares handed back or withheld to pay taxes or an exercise price. No sale happens in the market.
FAQ
What did Trefler report in this PEGA Form 4?
Leon Trefler (Chief of Clients and Markets at Pegasystems Inc., PEGA) reported that they acquired 2,202 shares, and gave up 537 shares at $47.05 to cover taxes or an exercise price on Mar 5, 2026. After these transactions the filing shows 123,062 shares held directly.
How many PEGA shares does Trefler hold after this filing?
The filing shows 123,062 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
What does transaction code M mean on an SEC Form 4?
Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
Historical context for PEGA
Across the 16 sessions after earlier PEGA headlines, the stock closed higher 6 times and lower 9 times, with a median move of 1.3% in either direction. This shows timing only: many things move a stock in a session, and these figures do not show that any headline caused a move.
| Session | Earlier headline | PEGA | SPY |
|---|---|---|---|
| Mar 5, 2026 | Pega Blueprint Updates Make Vibe Coding Enterprise Ready | +0.5% | -0.6% |
| Mar 3, 2026 | MetLife, Unum Group, Wells Fargo, AWS, and Cognizant to Keynote at PegaWorld 2026 | +0.9% | -0.9% |
| Feb 25, 2026 | Consumers Demand More from AI-Powered Customer Service, Says Research | -0.5% | +0.8% |
| Feb 18, 2026 | Pega to Present at Upcoming Investor Conferences | +0.4% | +0.5% |
| Feb 12, 2026 | Pegasystems upgraded by Barclays with a new price target | +7.0% | -1.5% |
| Feb 11, 2026 | Innovation Accelerates Pega's Q4 2025 Growth | -11.9% | -0.0% |
Earlier insider filings at PEGA
- Mar 9, 2026COO, CFO Stillwell Kenneth covered exercise/tax liability with 1,733 shares and converted options into 4,402 shares, increasing direct ownership by 2% to 149,958 units (SEC Form 4)
- Mar 9, 2026SVP, Chief Accounting Officer Kouninis Efstathios A converted options into 440 shares and covered exercise/tax liability with 108 shares, increasing direct ownership by 9% to 4,114 units (SEC Form 4)
- Mar 9, 2026Chief, Client &Partner Success Higgins John Gerard covered exercise/tax liability with 1,229 shares and converted options into 2,202 shares, increasing direct ownership by 2% to 51,797 units (SEC Form 4)
- Mar 9, 2026Chief Product Officer Akgonul Rifat Kerim converted options into 2,202 shares and covered exercise/tax liability with 647 shares, increasing direct ownership by 1% to 109,820 units (SEC Form 4)
- Mar 5, 2026SVP, Chief Accounting Officer Kouninis Efstathios A converted options into 3,500 shares and covered exercise/tax liability with 968 shares, increasing direct ownership by 203% to 3,782 units (SEC Form 4)
- Market cap
- 30-day
- Sector
- Technology
- Industry
- EDP Services
- Listed since
- 1996
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