[Form 4] Pegasystems Inc Insider Trading Activity
Sharon T. Rowlands, a director of Pegasystems Inc. (PEGA), received equity as director compensation. She was granted 2,374 shares of unrestricted common stock and a fully vested non-statutory option for 5,168 shares with an exercise price of $52.66 and an expiration in 2035. The option is exercisable immediately. After the reported transactions and a 2-for-1 stock split, Rowlands beneficially owns 67,730 shares. The stock shares were issued as annual director compensation and the option was granted and vested on issuance.
Sharon T. Rowlands, membro del consiglio di Pegasystems Inc. (PEGA), ha ricevuto azioni come compenso per il ruolo di direttrice. Le sono state assegnate 2.374 azioni ordinarie senza restrizioni e un'opzione non statutaria completamente maturata per 5.168 azioni con prezzo di esercizio di $52,66 e scadenza nel 2035. L'opzione 猫 esercitabile immediatamente. Dopo le operazioni segnalate e un frazionamento azionario 2-per-1, Rowlands detiene utilmente 67.730 azioni. Le azioni sono state emesse come compenso annuale per il consiglio e l'opzione 猫 stata concessa e maturata al momento dell'emissione.
Sharon T. Rowlands, directora de Pegasystems Inc. (PEGA), recibi贸 acciones como remuneraci贸n por su puesto en la junta. Se le otorgaron 2.374 acciones ordinarias sin restricciones y una opci贸n no estatutaria totalmente consolidada por 5.168 acciones con precio de ejercicio de $52,66 y vencimiento en 2035. La opci贸n es ejercitable de inmediato. Tras las transacciones informadas y un split de acciones 2 por 1, Rowlands posee de forma beneficiosa 67.730 acciones. Las acciones se emitieron como compensaci贸n anual por su cargo en la junta y la opci贸n fue concedida y consolidada al emitirse.
Pegasystems Inc. (PEGA)鞚� 鞚挫偓鞚� Sharon T. Rowlands電� 鞚挫偓 氤挫垬搿� 欤检嫕鞚� 氚涭晿鞀惦媹雼�. 攴鸽厐電� 鞝滍暅 鞐嗠姅 氤错喌欤� 2,374欤检檧 頄夓偓臧� $52.66, 毵岅赴 2035雲勳澑 鞕勳爠 旆摑(non-statutory) 鞓奠厴 5,168欤茧ゼ 攵�鞐皼鞎橃姷雼堧嫟. 頃措嫻 鞓奠厴鞚� 歃夓嫓 頄夓偓 臧�電ロ暕雼堧嫟. 氤搓碃霅� 瓯半灅鞕� 2雽�1 鞎‰┐攵勴暊 鞚错泟 Rowlands電� 鞁れ鞝侅溂搿� 67,730欤茧ゼ 氤挫湢頃橁碃 鞛堨姷雼堧嫟. 鞚� 欤检嫕鞚� 鞐瓣皠 鞚挫偓 氤挫垬搿� 氚滍枆霅橃棃鞙茧┌ 鞓奠厴鞚� 氚滍枆 鞁滌爯鞐� 攵�鞐悩鞏� 氇憪 旆摑霅橃棃鞀惦媹雼�.
Sharon T. Rowlands, administratrice de Pegasystems Inc. (PEGA), a re莽u des actions en r茅mun茅ration de son r么le d'administratrice. Elle s'est vu attribuer 2 374 actions ordinaires sans restriction et une option non statutaire enti猫rement acquise portant sur 5 168 actions, avec un prix d'exercice de 52,66 $ et une 茅ch茅ance en 2035. L'option est exer莽able imm茅diatement. Apr猫s les op茅rations d茅clar茅es et un split d'actions 2 pour 1, Rowlands d茅tient de mani猫re b茅n茅ficiaire 67 730 actions. Les actions ont 茅t茅 茅mises comme r茅mun茅ration annuelle des administrateurs et l'option a 茅t茅 accord茅e et acquise 脿 l'茅mission.
Sharon T. Rowlands, Direktorin von Pegasystems Inc. (PEGA), erhielt Aktien als Verg眉tung f眉r ihre Direktorenrolle. Ihr wurden 2.374 unverbriefte Stammaktien sowie eine vollst盲ndig ausge眉bte nicht-statutengem盲脽e Option 眉ber 5.168 Aktien mit einem Aus眉bungspreis von $52,66 und Ablauf im Jahr 2035 gew盲hrt. Die Option ist sofort aus眉bbar. Nach den gemeldeten Transaktionen und einem 2-f眉r-1-Aktiensplit besitzt Rowlands wirtschaftlich 67.730 Aktien. Die Aktien wurden als j盲hrliche Direktorenverg眉tung ausgegeben, und die Option wurde bei Gew盲hrung sofort vollt眉chtig.
- Director received equity compensation (2,374 unrestricted shares and 5,168 options), which aligns director incentives with shareholders
- Options fully vested on issuance, providing clear immediate alignment rather than deferred vesting
- None.
Insights
TL;DR: Director equity grants align management and shareholder interests but have limited near-term market impact.
These transactions consist of annual director compensation: a small grant of unrestricted stock and a non-statutory option that vested on issuance. The option strike of $52.66 and the relatively modest size (5,168 options) suggest the award is routine compensation rather than a significant capital event. The post-transaction beneficial ownership of 67,730 shares (after a 2-for-1 split) provides alignment but is unlikely, by itself, to materially affect valuation or share supply.
TL;DR: Equity-for-service grants are standard governance practice to align directors with shareholders.
The reporting shows the director received unrestricted shares as annual service consideration and a fully vested, non-statutory option granted for the same term. Immediate vesting on issuance should be reviewed against the company鈥檚 equity governance policies to confirm consistency with peer practices. The disclosure is clear about the nature of the awards and the impact of a recent 2-for-1 split on beneficial ownership.
Sharon T. Rowlands, membro del consiglio di Pegasystems Inc. (PEGA), ha ricevuto azioni come compenso per il ruolo di direttrice. Le sono state assegnate 2.374 azioni ordinarie senza restrizioni e un'opzione non statutaria completamente maturata per 5.168 azioni con prezzo di esercizio di $52,66 e scadenza nel 2035. L'opzione 猫 esercitabile immediatamente. Dopo le operazioni segnalate e un frazionamento azionario 2-per-1, Rowlands detiene utilmente 67.730 azioni. Le azioni sono state emesse come compenso annuale per il consiglio e l'opzione 猫 stata concessa e maturata al momento dell'emissione.
Sharon T. Rowlands, directora de Pegasystems Inc. (PEGA), recibi贸 acciones como remuneraci贸n por su puesto en la junta. Se le otorgaron 2.374 acciones ordinarias sin restricciones y una opci贸n no estatutaria totalmente consolidada por 5.168 acciones con precio de ejercicio de $52,66 y vencimiento en 2035. La opci贸n es ejercitable de inmediato. Tras las transacciones informadas y un split de acciones 2 por 1, Rowlands posee de forma beneficiosa 67.730 acciones. Las acciones se emitieron como compensaci贸n anual por su cargo en la junta y la opci贸n fue concedida y consolidada al emitirse.
Pegasystems Inc. (PEGA)鞚� 鞚挫偓鞚� Sharon T. Rowlands電� 鞚挫偓 氤挫垬搿� 欤检嫕鞚� 氚涭晿鞀惦媹雼�. 攴鸽厐電� 鞝滍暅 鞐嗠姅 氤错喌欤� 2,374欤检檧 頄夓偓臧� $52.66, 毵岅赴 2035雲勳澑 鞕勳爠 旆摑(non-statutory) 鞓奠厴 5,168欤茧ゼ 攵�鞐皼鞎橃姷雼堧嫟. 頃措嫻 鞓奠厴鞚� 歃夓嫓 頄夓偓 臧�電ロ暕雼堧嫟. 氤搓碃霅� 瓯半灅鞕� 2雽�1 鞎‰┐攵勴暊 鞚错泟 Rowlands電� 鞁れ鞝侅溂搿� 67,730欤茧ゼ 氤挫湢頃橁碃 鞛堨姷雼堧嫟. 鞚� 欤检嫕鞚� 鞐瓣皠 鞚挫偓 氤挫垬搿� 氚滍枆霅橃棃鞙茧┌ 鞓奠厴鞚� 氚滍枆 鞁滌爯鞐� 攵�鞐悩鞏� 氇憪 旆摑霅橃棃鞀惦媹雼�.
Sharon T. Rowlands, administratrice de Pegasystems Inc. (PEGA), a re莽u des actions en r茅mun茅ration de son r么le d'administratrice. Elle s'est vu attribuer 2 374 actions ordinaires sans restriction et une option non statutaire enti猫rement acquise portant sur 5 168 actions, avec un prix d'exercice de 52,66 $ et une 茅ch茅ance en 2035. L'option est exer莽able imm茅diatement. Apr猫s les op茅rations d茅clar茅es et un split d'actions 2 pour 1, Rowlands d茅tient de mani猫re b茅n茅ficiaire 67 730 actions. Les actions ont 茅t茅 茅mises comme r茅mun茅ration annuelle des administrateurs et l'option a 茅t茅 accord茅e et acquise 脿 l'茅mission.
Sharon T. Rowlands, Direktorin von Pegasystems Inc. (PEGA), erhielt Aktien als Verg眉tung f眉r ihre Direktorenrolle. Ihr wurden 2.374 unverbriefte Stammaktien sowie eine vollst盲ndig ausge眉bte nicht-statutengem盲脽e Option 眉ber 5.168 Aktien mit einem Aus眉bungspreis von $52,66 und Ablauf im Jahr 2035 gew盲hrt. Die Option ist sofort aus眉bbar. Nach den gemeldeten Transaktionen und einem 2-f眉r-1-Aktiensplit besitzt Rowlands wirtschaftlich 67.730 Aktien. Die Aktien wurden als j盲hrliche Direktorenverg眉tung ausgegeben, und die Option wurde bei Gew盲hrung sofort vollt眉chtig.
FAQ
What transactions did Sharon T. Rowlands report on Form 4 for PEGA?
How many shares does Sharon T. Rowlands beneficially own after the reported transactions?
When are the options exercisable and when do they expire?
What was the consideration or price paid for the shares and options reported?
Why were shares and options issued to the reporting person?
