Pegasystems (PEGA) executive Kouninis acquired 1,096 shares
Insider transactions reported
Efstathios A Kouninis (SVP, Chief Accounting Officer at Pegasystems Inc., PEGA) reported that they acquired 1,096 shares, and gave up 269 shares at an average $37.47 to cover taxes or an exercise price between Sep 4, 2026 and Sep 7, 2026. After these transactions the filing shows 1,991 shares held directly.
- Reporting person
- Kouninis Efstathios A
- Role
- SVP, Chief Accounting Officer
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Sep 4, 2026 | Exercise or conversion of a derivative (M) | Common stock | +322 | - | - | 1,486 direct |
| Sep 4, 2026 | Shares withheld for taxes or exercise price (F) | Common stock | -79 | $37.72 | $2,980 | 1,407 direct |
| Sep 5, 2026 | Exercise or conversion of a derivative (M) | Common stock | +440 | - | - | 1,847 direct |
| Sep 5, 2026 | Shares withheld for taxes or exercise price (F) | Common stock | -108 | $37.36 | $4,035 | 1,739 direct |
| Sep 7, 2026 | Exercise or conversion of a derivative (M) | Common stock | +334 | - | - | 2,073 direct |
| Sep 7, 2026 | Shares withheld for taxes or exercise price (F) | Common stock | -82 | $37.36 | $3,064 | 1,991 direct |
Options and other derivatives
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Sep 4, 2026 | Exercise or conversion of a derivative (M) | Restricted Stock UnitsOn 322 Common stock1, 2 | -322 | - | - | 3,232 direct |
| Sep 5, 2026 | Exercise or conversion of a derivative (M) | Restricted Stock UnitsOn 440 Common stock1, 2 | -440 | - | - | 2,642 direct |
| Sep 7, 2026 | Exercise or conversion of a derivative (M) | Restricted Stock UnitsOn 334 Common stock1, 2 | -334 | - | - | 664 direct |
Holdings before and after
- Common stock: 1,164 to 1,991 direct
- Restricted Stock Units: 3,554 to 664 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 vested 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 Kouninis report in this PEGA Form 4?
Efstathios A Kouninis (SVP, Chief Accounting Officer at Pegasystems Inc., PEGA) reported that they acquired 1,096 shares, and gave up 269 shares at an average $37.47 to cover taxes or an exercise price between Sep 4, 2026 and Sep 7, 2026. After these transactions the filing shows 1,991 shares held directly.
How many PEGA shares does Kouninis hold after this filing?
The filing shows 1,991 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 18 sessions after earlier PEGA headlines, the stock closed higher 8 times and lower 10 times, with a median move of 1.1% 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 |
|---|---|---|---|
| Aug 28, 2026 | Coforge Expands Strategic Partnership with Pega to Accelerate Enterprise AI Transformation | +0.8% | -0.2% |
| Aug 26, 2026 | Pega to Present at Upcoming Investor Conference | -0.5% | +0.0% |
| Aug 18, 2026 | Pega Advances Responsible AI for Customer Engagement with New Capabilities and Strategic Partnership | +1.9% | -0.7% |
| Aug 14, 2026 | Pega Announces Special Cash Dividend | -3.5% | -0.2% |
| Aug 6, 2026 | Pega Named a Leader in AI Platforms by Independent Research Firm | -0.4% | -0.2% |
| Aug 5, 2026 | Pega Expands FedRAMP Class D Certified Capabilities in Pega Cloud for Government | +0.2% | -0.2% |
Earlier insider filings at PEGA
- Sep 9, 2026Chief, Client &Partner Success Higgins John Gerard converted options into 6,098 shares and covered exercise/tax liability with 3,404 shares, increasing direct ownership by 5% to 60,110 units (SEC Form 4)
- Sep 9, 2026Chief Product Officer Akgonul Rifat Kerim converted options into 6,098 shares and covered exercise/tax liability with 2,950 shares, increasing direct ownership by 3% to 111,804 units (SEC Form 4)
- Sep 3, 2026SVP, Chief Accounting Officer Kouninis Efstathios A covered exercise/tax liability with 1,437 shares, sold $41,191 worth of shares (1,063 units at $38.75) and exercised 2,500 shares at a strike of $16.95 (SEC Form 4)
- Sep 2, 2026Chief of Clients and Markets Trefler Leon covered exercise/tax liability with 463 shares and converted options into 1,176 shares, increasing direct ownership by 0.56% to 127,724 units (SEC Form 4)
- Sep 2, 2026COO, CFO Stillwell Kenneth covered exercise/tax liability with 925 shares and converted options into 2,350 shares, increasing direct ownership by 1% to 127,058 units (SEC Form 4)
- Market cap
- 30-day
- Sector
- Technology
- Industry
- EDP Services
- Listed since
- 1996
Follow PEGA and get a push notification the moment its next story breaks.