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SEC EDGAROCT 301 min read$PEGA

Akgonul Rifat Kerim sold $249K of PEGA

Akgonul Rifat Kerim (Chief Product Officer) sold 7,084 shares of PEGASYSTEMS INC (PEGA) at $35.22 ($0.25M total) on 2026-10-28.

Original reporting
SEC EDGAR · Akgonul Rifat Kerim
Published Oct 30, 2026, 8:05 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Oct 30, 2026, 8:08 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
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

A modest insider sell typically has limited price impact unless the insider is a major shareholder or the amount is large.

02

Market read

The filing provides a small, routine insider sell that is unlikely to drive significant trading activity.

03

What to watch

The insider holds a sizable stake (≈98k shares) and may retain confidence in the business.

Relevance 4/10Novelty 3/10Timing: post‑market filing today

Background

SEC Form 4 filing discloses insider transactions; such filings are primary sources for insider activity.

Company-level read

Ticker impact

$PEGANeutralMedium confidence
Context

Chief Product Officer Akgonul Rifat Kerim sold 7,084 shares for $249,499, reducing his stake to 97,958 shares.

Expected impact

likely slight downward pressure as the market prices the insider sell.

Evidence & confidence

A $250K sale by a C-level executive is routine and unlikely to move the stock significantly.

Market effects

Sector

Minimal impact on the enterprise‑software sector.

Regional

No notable regional effect.

Global

Limited relevance; only affects PEGA shareholders.

Counterpoint

What could challenge this read

The sale could be unrelated to company fundamentals and merely portfolio rebalancing.

Key entities

  • company
    Pegasystems Inc.

    Enterprise software provider listed on NYSE under ticker PEGA.

  • person
    Akgonul Rifat Kerim

    Chief Product Officer of 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 →

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