SEC Filing Analysis: PEGASYSTEMS INC (PEGA)

Executive Summary

• Trading Significance: Low
• Key Takeaway: The COO and CFO, Kenneth Stillwell, disposed of 6,000 shares as a gift, a non-market transaction with no monetary value.
• Market Impact: Neutral. Gifts are typically personal in nature and do not reflect an insider's market sentiment.

Company Information

Field	Value
Company	PEGASYSTEMS INC
Ticker Symbol	PEGA
CIK	0001013857
Industry	SERVICES-COMPUTER PROCESSING & DATA PREPARATION

Insider Information

Field	Value
Name	STILLWELL KENNETH
CIK	0001680115
Title/Position	COO, CFO
Relationship	Officer

Transaction Details

Field	Value
Form Type	4
Transaction Date	2025-12-10
Transaction Code	G (Gift)
Security Type	Common stock
Shares Involved	6,000
Price Per Share	$0.00
Total Value	$0
Shares Owned After	128,788
Ownership Type	Direct

Financial Impact Assessment

Transaction Materiality

Metric	Value
Transaction Value	$0
% of Market Cap	0.00%
Shares Transacted	6,000
% of Shares Outstanding	0.0035%
Post-Transaction Ownership	128,788 shares (0.075% of outstanding)
Materiality Assessment	Low

Impact Evaluation

• Market Cap Context: The transaction has a value of $0 and involves a negligible number of shares relative to Pegasystems' $9.65 billion market capitalization.
• Ownership Concentration: The gift represents a small portion of the insider's direct holdings and reduces their already minimal ownership stake from approximately 0.078% to 0.075% of total shares outstanding.
• Transaction Significance: The transaction is classified as low significance. It is a gift (Code G), not a market sale, and the number of shares transacted represents an extremely small fraction (0.0035%) of the company's total shares outstanding.

Market Impact Analysis

Stock Impact Prediction

• Direction: Neutral
• Reasoning: A gift of shares is a non-market event and does not signal a change in the insider's outlook on the company's future performance. It is typically for estate planning or charitable purposes.

Volume & Sentiment

• Expected Volume Impact: None. As this was not an open market transaction, it will not directly impact trading volume.
• Sentiment Indicator: Neutral. The market generally does not react to insider gifts.