Company insider dossier

Pegasystems Inc insider intelligence

PEGA filings assessed for conviction, transaction quality, insider breadth, clustering, freshness, and price confirmation.

Terminal chart Weekly report Factor intelligence Technology Software - Application Data API
17/100

Concentrated distribution

73/100 confidence
Exchange
NASDAQ
Sector
Technology
Industry
Software - Application
Latest evidence
16 Jun 2026

Investment committee read

Concentrated distribution

Priced common-share disposals are concentrated enough to warrant review, but they are not treated as a standalone bearish forecast.

Review exposure and filing context

Evidence in favour

  • Participation spans 5 named insiders rather than one filing source.

Decision risks

  • Qualifying disposal events outnumber acquisitions, although disposals receive a lower directional weight.
  • The latest qualifying filing is more than 30 days old.
Conviction17Concentrated distribution
Confidence73Well supported
Named insiders5participating in the tape
Controlled events30directional common-share events
Acquisition value$439.3Knormalized amount
Disposal value$1.8Mnormalized amount

Price confirmation map

Weekly price with common-share events

Acquisitions and disposals are aligned to the nearest completed weekly bar.

66.1956.3546.5036.6626.82 Disposal · 16 Jun 2026 · $21.0KDisposal · 16 Jun 2026 · $3.2KAcquisition · 7 Jun 2026 · Not reportedAcquisition · 7 Jun 2026 · Not reportedAcquisition · 7 Jun 2026 · Not reportedAcquisition · 7 Jun 2026 · Not reportedAcquisition · 7 Jun 2026 · Not reportedDisposal · 7 Jun 2026 · $71.3KDisposal · 7 Jun 2026 · $44.2KDisposal · 7 Jun 2026 · $38.3KDisposal · 7 Jun 2026 · $36.3KDisposal · 7 Jun 2026 · $2.8KAcquisition · 5 Jun 2026 · Not reportedAcquisition · 5 Jun 2026 · Not reportedAcquisition · 5 Jun 2026 · Not reportedAcquisition · 5 Jun 2026 · Not reportedAcquisition · 5 Jun 2026 · Not reportedDisposal · 5 Jun 2026 · $61.4KDisposal · 5 Jun 2026 · $43.5KDisposal · 5 Jun 2026 · $37.7KDisposal · 5 Jun 2026 · $30.7KDisposal · 5 Jun 2026 · $3.8KAcquisition · 4 Jun 2026 · Not reportedAcquisition · 4 Jun 2026 · Not reportedAcquisition · 4 Jun 2026 · Not reportedAcquisition · 4 Jun 2026 · Not reportedAcquisition · 4 Jun 2026 · Not reportedDisposal · 4 Jun 2026 · $44.7KDisposal · 4 Jun 2026 · $31.7KDisposal · 4 Jun 2026 · $27.5KDisposal · 4 Jun 2026 · $22.3KDisposal · 4 Jun 2026 · $2.8KAcquisition · 1 Jun 2026 · Not reportedAcquisition · 1 Jun 2026 · Not reportedAcquisition · 1 Jun 2026 · Not reportedAcquisition · 1 Jun 2026 · Not reportedAcquisition · 1 Jun 2026 · Not reportedAcquisition · 1 Jun 2026 · Not reportedDisposal · 1 Jun 2026 · $33.1KDisposal · 1 Jun 2026 · $27.7KDisposal · 1 Jun 2026 · $20.5KDisposal · 1 Jun 2026 · $20.3KDisposal · 1 Jun 2026 · $16.5KDisposal · 1 Jun 2026 · $3.7KDisposal · 1 Jun 2026 · $1.8KDisposal · 29 May 2026 · $26.1KDisposal · 19 May 2026 · $151.6KDisposal · 5 May 2026 · $636.9KAcquisition · 5 May 2026 · $439.3KDisposal · 5 May 2026 · $305.6KDisposal · 1 Apr 2026 · $43.2K
Feb 2025Aug 2026
Weekly closeCommon-share acquisitionCommon-share disposal

Market confirmation

Price and trend context

Latest close
32.74 USD
One-week move
+7.2%
Four-week move
+4.8%
Fair-value gap
-16.3%
Trend signal
Inactive
Relative strength
-39.1

Directional balance

Controlled event mix

3.3%acquisition
Acquisition events
1
Disposal events
29
Net value
-$1.4M

Cadence

Twelve-week filing pressure

Volume shows attention. Controlled events determine direction.

125 May
6401 Jun
008 Jun
215 Jun
022 Jun
029 Jun
006 Jul
013 Jul
020 Jul
027 Jul
003 Aug
010 Aug

Named participants

Insider conviction by person

STILLWELL, KENNETHCOO, CFO318 events
TREFLER, LEONChief of Clients and Markets204 events
AKGONUL, RIFAT KERIMChief Product Officer195 events
HIGGINS, JOHN GERARDChief, Client &Partner Success195 events
KOUNINIS, EFSTATHIOS ASVP, Chief Accounting Officer158 events

Evidence quality

Security and transaction context

Common equity51
Equity compensation21
Options and derivatives1
Other securities0

Role architecture

Who is participating

Other executive56
Finance leadership17

Transaction evidence

Auditable PEGA filing ledger

Showing 31 to 60 of 73.

TREFLER, LEONChief of Clients and Markets
DisposalCommon equity
866 sharesCommon stock
$30.7KDirectional evidence
KOUNINIS, EFSTATHIOS ASVP, Chief Accounting Officer
DisposalCommon equity
108 sharesCommon stock
$3.8KDirectional evidence
AKGONUL, RIFAT KERIMChief Product Officer
AcquisitionCommon equity
1616 sharesCommon stock
Not reportedContext evidence
AKGONUL, RIFAT KERIMChief Product Officer
DisposalEquity compensation
1616 sharesRestricted Stock Units
Not reportedContext evidence
HIGGINS, JOHN GERARDChief, Client &Partner Success
DisposalEquity compensation
1616 sharesRestricted Stock Units
Not reportedContext evidence
HIGGINS, JOHN GERARDChief, Client &Partner Success
AcquisitionCommon equity
1616 sharesCommon stock
Not reportedContext evidence
KOUNINIS, EFSTATHIOS ASVP, Chief Accounting Officer
AcquisitionCommon equity
324 sharesCommon stock
Not reportedContext evidence
KOUNINIS, EFSTATHIOS ASVP, Chief Accounting Officer
DisposalEquity compensation
324 sharesRestricted Stock Units
Not reportedContext evidence
STILLWELL, KENNETHCOO, CFO
AcquisitionCommon equity
3230 sharesCommon stock
Not reportedContext evidence
STILLWELL, KENNETHCOO, CFO
DisposalEquity compensation
3230 sharesRestricted Stock Units
Not reportedContext evidence
TREFLER, LEONChief of Clients and Markets
AcquisitionCommon equity
1616 sharesCommon stock
Not reportedContext evidence
TREFLER, LEONChief of Clients and Markets
DisposalEquity compensation
1616 sharesRestricted Stock Units
Not reportedContext evidence
STILLWELL, KENNETHCOO, CFO
DisposalCommon equity
1272 sharesCommon stock
$44.7KDirectional evidence
HIGGINS, JOHN GERARDChief, Client &Partner Success
DisposalCommon equity
902 sharesCommon stock
$31.7KDirectional evidence
AKGONUL, RIFAT KERIMChief Product Officer
DisposalCommon equity
782 sharesCommon stock
$27.5KDirectional evidence
TREFLER, LEONChief of Clients and Markets
DisposalCommon equity
636 sharesCommon stock
$22.3KDirectional evidence
KOUNINIS, EFSTATHIOS ASVP, Chief Accounting Officer
DisposalCommon equity
79 sharesCommon stock
$2.8KDirectional evidence
AKGONUL, RIFAT KERIMChief Product Officer
DisposalEquity compensation
1176 sharesRestricted Stock Units
Not reportedContext evidence
AKGONUL, RIFAT KERIMChief Product Officer
AcquisitionCommon equity
1176 sharesCommon stock
Not reportedContext evidence
HIGGINS, JOHN GERARDChief, Client &Partner Success
DisposalEquity compensation
184 sharesRestricted Stock Units
Not reportedContext evidence
HIGGINS, JOHN GERARDChief, Client &Partner Success
AcquisitionCommon equity
1028 sharesCommon stock
Not reportedContext evidence
HIGGINS, JOHN GERARDChief, Client &Partner Success
AcquisitionCommon equity
184 sharesCommon stock
Not reportedContext evidence
HIGGINS, JOHN GERARDChief, Client &Partner Success
DisposalEquity compensation
1028 sharesRestricted Stock Units
Not reportedContext evidence
KOUNINIS, EFSTATHIOS ASVP, Chief Accounting Officer
AcquisitionCommon equity
204 sharesCommon stock
Not reportedContext evidence
KOUNINIS, EFSTATHIOS ASVP, Chief Accounting Officer
DisposalEquity compensation
204 sharesRestricted Stock Units
Not reportedContext evidence
STILLWELL, KENNETHCOO, CFO
DisposalEquity compensation
2352 sharesRestricted Stock Units
Not reportedContext evidence
STILLWELL, KENNETHCOO, CFO
AcquisitionCommon equity
2352 sharesCommon stock
Not reportedContext evidence
TREFLER, LEONChief of Clients and Markets
DisposalEquity compensation
1176 sharesRestricted Stock Units
Not reportedContext evidence
TREFLER, LEONChief of Clients and Markets
AcquisitionCommon equity
1176 sharesCommon stock
Not reportedContext evidence
STILLWELL, KENNETHCOO, CFO
DisposalCommon equity
926 sharesCommon stock
$33.1KDirectional evidence

Reading the dossier

Direction and confidence are separate

Conviction

The 0 to 100 score classifies deduplicated priced common-share evidence. Fifty is balanced or non-directional.

Confidence

Confidence rises with controlled event depth, named-insider breadth, fresh evidence, normalized values, and a longer observation span.

Disposals

Selling is not treated as the mirror image of buying. It carries less directional weight because taxes, diversification, compensation, and planned transactions can all create sales.

Price confirmation

The market chart tests whether the filing thesis is being confirmed or rejected by price, fair-value position, relative strength, and the current trend state.

Independent market research for education. This classification is not investment advice, a recommendation, a forecast, or an execution instruction.

Evidence context