AlphAIAlphAI — Financial news for AI agents
SEC EDGARSEP 151 min read$PEGA

STILLWELL KENNETH sold $1.4M of PEGA

STILLWELL KENNETH (COO, CFO) sold 39,627 shares of PEGASYSTEMS INC (PEGA) at $35.77 ($1.42M total) on 2026-09-11.

Original reporting
SEC EDGAR · STILLWELL KENNETH
Published Sep 15, 2026, 8:21 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Sep 15, 2026, 8:27 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
Bearish
medium confidence
Mentioned
$PEGA
Relevance
6/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$PEGABearishLow
01

Why it matters

The sale reduces insider ownership, which may be interpreted as a bearish signal by investors.

02

Market read

Insider sales are closely watched; this $1.4M transaction could influence short-term trading.

03

What to watch

Potential upcoming corporate actions or compensation plans not disclosed.

Relevance 6/10Novelty 4/10Timing: transaction dated 2026-09-11, filed 2026-09-15

Background

Form 4 filings disclose insider transactions and are primary sources of new corporate information.

Company-level read

Ticker impact

$PEGABearishMedium confidence
Context

COO/CFO Kenneth Stillwell sold 39,627 shares for $1.4M, reducing his stake to 95,225 shares.

Expected impact

Potential modest dip in PEGA price over the next few days.

Evidence & confidence

A $1.4M sale by a senior executive is material enough to affect sentiment, though not large enough to drive a major move.

Market effects

Sector

Minimal impact on the broader enterprise software sector.

Regional

Limited to U.S. markets where PEGA trades.

Global

Low global relevance.

Counterpoint

What could challenge this read

The sale could be a routine portfolio rebalancing, not a lack of confidence.

Key entities

  • Officer
    Kenneth Stillwell

    COO/CFO of Pegasystems Inc.

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

OCT 8
$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.

claimdepot.com2 min
SEP 17
$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.

investing.com2 min