Pegasystems (PEGA) COO/CFO exercises 2,350 stock units
Pegasystems' COO/CFO Kenneth Stillwell exercised 2,350 restricted stock units into common stock on September 1, 2026. 925 shares were withheld to cover the exercise price or tax obligations at $36.81 per share. Stillwell now holds 4,702 RSUs and 1,908 common shares indirectly for his children. The transaction was not part of a Rule 10b5-1 trading plan.
How this was made
The 30-second read
Why it matters
The transaction is routine and does not introduce new strategic or financial guidance.
Market read
Limited to PEGA investors; no broader market move.
What to watch
The withholding of 925 shares for tax may indicate higher personal tax liability, but does not change the overall equity stake.
Background
Form 4 filing discloses insider RSU exercises; standard corporate governance disclosure.
Ticker impact
COO/CFO Kenneth Stillwell exercised 2,350 RSUs on Sep 1 2026, withholding 925 shares for tax, leaving a net acquisition of shares.
Likely negligible effect on PEGA share price.
The transaction size is modest relative to market cap and involves a standard RSU vesting; no new strategic information is disclosed.
Market effects
None; the filing does not affect the broader software/CRM sector.
None; limited to PEGA shareholders.
Minimal; only relevant to investors tracking PEGA insider activity.
Counterpoint
Even small insider purchases can signal confidence; some traders may view the net acquisition as a subtle bullish cue.
Key entities
- ExecutiveKenneth Stillwell
PEGA COO and CFO who exercised RSUs.
