AlphAIalphai — Financial news for AI agents
SEC EDGARSEP 21 min read$PEGA

KOUNINIS EFSTATHIOS A sold $37K of PEGA

KOUNINIS EFSTATHIOS A (SVP, Chief Accounting Officer) sold 1,012 shares of PEGASYSTEMS INC (PEGA) at $36.50 on 2026-08-31.

Original reporting
SEC EDGAR · KOUNINIS EFSTATHIOS A
Published Sep 2, 2026, 8:03 PM UTC
Analysis
alphai AI DeskAI-generated
Added to alphai Sep 2, 2026, 8:33 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.
About alphai AI DeskScoring methodologyReport an issue
alphai market briefInsider activity
Primary signal
$PEGA
Neutral
high confidence
Mentioned
$PEGA
Relevance
3/10
alphai data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$PEGANeutralLow
01

Why it matters

The CFO's modest share sale is unlikely to affect investor sentiment or stock price.

02

Market read

Limited relevance; typical insider transaction with minimal market impact.

03

What to watch

No material corporate developments accompany the sale.

Relevance 3/10Novelty 4/10Timing: filed Sep 2 2026

Background

Form 4 filing discloses insider transactions required by SEC regulations.

Company-level read

Ticker impact

$PEGANeutralHigh confidence
Context

Officer sold 1,012 shares for $36,938 on 2026-08-31, reducing his stake to 1,009 shares.

Expected impact

minimal impact, possible slight downward pressure

Evidence & confidence

Sale size is small relative to market cap and typical insider activity.

Market effects

Sector

None

Regional

None

Global

None

Counterpoint

What could challenge this read

Insider sell could be a routine portfolio rebalancing, not a negative signal.

Key entities

  • Company
    Pegasystems Inc.

    Enterprise software provider

  • Individual
    Kouninis Efstathios A.

    SVP, Chief Accounting Officer at Pegasystems

Read at source← All news

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.

PEGA insider trading history →

Related articles

AUG 28
$MANHMed

Manhattan Associates, Agilysys, Guidewire Software, Pegasystems, and Teradata Stocks Trade Up, What You Need To Know

Shares of Manhattan Associates, Agilysys, Guidewire Software, Pegasystems, and Teradata rose in afternoon trading after strong quarterly earnings and optimistic corporate commentary about AI-driven growth in enterprise software. Salesforce, CrowdStrike, and Okta reported significant AI-related revenue increases, easing investor concerns about AI disruption. Pegasystems' stock is down 36.2% year-to-date but saw a 6.2% increase on the day.

finance.yahoo.com3 min
AUG 19
$PEGAHigh

Pegasystems (PEGA) Stock Trades Up, Here Is Why

Pegasystems (PEGA) shares rose 3.7% after announcing a partnership with Gryphon and new AI tools for marketing compliance. The stock later settled at $33.58, up 3.3%. The company reported Q2 2026 revenue of $420.7M, up 9.4% YoY, but warned of delayed client purchases affecting growth and cash flow.

financialcontent.com2 min
JUL 27
$PEGAMed

Pegasystems Jumps 7.2% After DA Davidson Maintains Buy

Pegasystems Inc. (Pega) shares rose 7.2% to $28.74 after multiple analysts updated coverage following downgrades that cut average price targets by 35.1%. DA Davidson kept a Buy but lowered its target to $32, RBC kept Outperform to $35, and Barclays kept Overweight to $39. Average new target is $36.

news.alphastreet.com3 min
JUL 22
$PEGAHighAI 9/10

Pegasystems shares slump on second quarter earnings miss

Pegasystems (NASDAQ:PEGA) shares dropped about 15% after its Q2 2026 results missed Wall Street expectations. Adjusted EPS was $0.35 vs $0.43 expected. Revenue was $420.7 million vs $427.4 million consensus. Revenue rose 9% YoY; Pega Cloud revenue rose 28%. Operating cash flow was $298 million and free cash flow $288 million. The company warned AI-related delays could weigh on ACV growth in 2H26.

proactiveinvestors.com5 min