This is a routine director sale of vested restricted stock, not a CEO/CFO unloading. The dollar amount is immaterial relative to market cap. Monitor for any subsequent Form 4 filings to confirm execution, but no immediate read-through for the stock.
How the stock moved after the report
⚠ Clustered NEUTRAL VIEWSTOCK ABOVE ENTRY AT T+1- T+0 · Oct 29 $33.93entry
- T+1 · 7d ago +1.92%α +2.39% · $34.58
- T+5 · due 14h ago Pending
- T+5 · todayOpen
- T+20 · in 21d Pending
- T+60 · in 3mo Pending
Price Chart
REPLAYWatch the reaction play outHow similar events traded
Executive Summary
Director Lawrence Weber filed a Form 144 notice of intent to sell 2,974 shares of Pegasystems common stock, with an estimated aggregate market value of approximately $100,257 based on the filing date. The shares were acquired through restricted stock vesting under a registered plan in 2024 and 2025, and the sale is planned for execution on Nasdaq.
Key Facts
- Filer is Director Lawrence Weber, not an executive officer
- Proposed sale of 2,974 shares at an estimated value of $100,256.51
- Shares acquired via restricted stock vesting on 08/15/2024 (600 shares) and 08/15/2025 (2,374 shares)
- Sale intended to be executed on Nasdaq on 10/29/2026
- Broker is Morgan Stanley Smith Barney LLC Executive Financial Services
- Sale represents approximately 0.0017% of the company's $5.8B market cap
- Recent insider activity (30 days) shows only 1 sell totaling $34K, making this filing a notable uptick in insider selling intent
Financial Impact
Approximately $100,257 in value, representing a small fraction of market cap (0.0017%)
Risk Factors
- Form 144 is an intent to sell; the sale may not be executed
- Director sales, while routine, can sometimes precede broader insider selling patterns
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001950047-26-010470 |
| Document: 0001950047-26-010470-index.html | 0001950047-26-010470 |
| Document: 0001950047-26-010470.txt | 0001950047-26-010470 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Nov 4, 2026 1d ago | 144 | $35.15 | awaiting T+20 | awaiting T+20 | $34.36 (−2.25%) |
Nov 4, 2026 1d ago | Insider Cluster | $35.15 | awaiting T+20 | awaiting T+20 | $34.36 (−2.25%) |
Nov 4, 2026 2d ago | Court Ruling | $34.49 | awaiting T+20 | awaiting T+20 | $34.36 (+0.38%) |
Nov 2, 2026 3d ago | 144 | $34.35 | awaiting T+20 | awaiting T+20 | $34.36 (+0.03%) |
Oct 30, 2026 6d ago | SC 13G/A | $34.58 | awaiting T+20 | awaiting T+20 | $34.36 (−0.64%) |
Oct 29, 2026 7d ago | 144 | $33.93 | awaiting T+20 | awaiting T+20 | $34.36 (+1.27%) |
Oct 29, 2026 8d ago | GOVT-CONTRACT | $33.93 | awaiting T+20 | awaiting T+20 | $34.36 (+1.27%) |
Oct 28, 2026 8d ago | 144 | $34.11 | awaiting T+20 | awaiting T+20 | $34.36 (+0.73%) |
Oct 22, 2026 15d ago | Court Ruling | $36.42 | awaiting T+20 | awaiting T+20 | $34.36 (−5.66%) |
Oct 21, 2026 16d ago | Court Ruling | $36.65 | awaiting T+20 | awaiting T+20 | $34.36 (−6.25%) |
US Market Status
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