$PEGA

Akgonul Rifat Kerim sold $102K of PEGA

Akgonul Rifat Kerim (Chief Product Officer) sold 3,000 shares of PEGASYSTEMS INC (PEGA) at an average of $33.99 ($33.98–$34.00, $0.10M total) across 2 trades on 2026-08-25.

Original reporting
SEC EDGAR · Akgonul Rifat Kerim
Published Aug 26, 2026, 8:10 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Aug 26, 2026, 8:52 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
AlphAI market briefInsider activity
Primary signal
$PEGA
Neutral
medium confidence
Mentioned
$PEGA
Relevance
4/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$PEGANeutralLow
01

Why it matters

The disclosed sale is modest and unlikely to affect PEGA's stock price significantly.

02

Market read

Small insider sell; limited trading relevance.

03

What to watch

Potential upcoming product milestones or earnings that may offset any short‑term sell pressure.

Relevance 4/10Novelty 4/10Timing: post‑market 2026-08-25

Background

Form 4 filings disclose insider trades; market participants monitor them for clues on insider sentiment.

Company-level read

Ticker impact

$PEGANeutralMedium confidence
Context

Chief Product Officer sold 3,000 shares for $101,966 on 2026-08-25 via open‑market transaction.

Expected impact

Limited downward pressure; unlikely to move price materially.

Evidence & confidence

Sale represents ~2.8% of insider's post‑transaction holdings and is under $0.2M, typical for routine diversification.

Market effects

No broader sector impact; insider activity is company‑specific.

None

None

Counterpoint

The sale could be a routine portfolio rebalancing rather than a negative signal.

Key entities

  • Akgonul Rifat Kerim

    Chief Product Officer of Pegasystems Inc.

Full insider trading history

This story covers one filing. See everything behind it: every insider buy and sell on record, 10b5-1 plans, late filings, and which officers and directors are trading.

Related articles

$PEGALow

Pegasystems class action alleges its AI secretly listened to U.S. Bank calls

A class action lawsuit was filed against Pegasystems Inc. on Oct. 2, 2026, alleging its AI software, Pega Voice AI, secretly listened to and analyzed U.S. Bank customer calls without consent. The plaintiffs claim the software, used by U.S. Bank, intercepted sensitive personal information, violating privacy laws in California, Massachusetts, and Pennsylvania. They seek damages and a court order to stop the alleged interception.

$PEGAMed

Why is Pegasystems stock sliding today?

Pegasystems (PEGA) stock fell 1.9% after JPMorgan downgraded it to Neutral, cutting its price target to $47 from $54. The bank cited execution risks and reduced revenue growth outlook, noting legal expenses and seasonal contract timing as near-term cash flow pressures. Management's adoption targets for Pega Cloud were deemed insufficient to offset growth concerns. The stock is trading near $36.14, down 38% year-to-date.