Alan Trefler sold $4.4M of PEGA
C.E.O. & Chairman at PEGASYSTEMS INC. 90,000 shares at an average of $49.29, traded Jan 21, 2026, filed Jan 23, 2026.
Score components
- +20RoleChair
- +25Trade size$4.4M at market
- 0Share of holdings soldSold 0.2% of holdings
- +8Cluster2 insiders selling within 14 days
- -2010b5-1 planPre-scheduled under a 10b5-1 plan
What happened after comparable sells
Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.
This signal so far: 1m -10.0%, 3m -25.9%, 6m -46.7%.
Price around the trade, and since
From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.
Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™
Rows in this filing
Every transaction in Form 4 0001032235-26-000002, as filed. Open on EDGAR
| Date | Transaction | Shares | Price | Value | Holdings after | Filed |
|---|---|---|---|---|---|---|
| Jan 21, 2026 | SOpen-market sale Common stock10b5-1 | -18,092 | $47.73 | $864k | 44,421,362 | Jan 23, 2026 |
| Jan 21, 2026 | SOpen-market sale Common stock10b5-1 | -7,824 | $48.61 | $380k | 44,413,538 | Jan 23, 2026 |
| Jan 21, 2026 | SOpen-market sale Common stock10b5-1 | -7,172 | $49.78 | $357k | 44,406,366 | Jan 23, 2026 |
| Jan 21, 2026 | SOpen-market sale Common stock10b5-1 | -11,790 | $50.79 | $599k | 44,394,576 | Jan 23, 2026 |
| Jan 21, 2026 | SOpen-market sale Common stock10b5-1 | -122 | $51.35 | $6,265 | 44,394,454 | Jan 23, 2026 |
| Jan 22, 2026 | SOpen-market sale Common stock10b5-1 | -7,694 | $48.75 | $375k | 44,386,760 | Jan 23, 2026 |
| Jan 22, 2026 | SOpen-market sale Common stock10b5-1 | -37,306 | $49.73 | $1.9M | 44,349,454 | Jan 23, 2026 |
Related signals
Other insiders at PEGASYSTEMS INC and this insider’s other filings.
| Score | Company | Insider | Value | Holdings | Filed |
|---|---|---|---|---|---|
| 1Weak | PEGASYSTEMS INC | Dianne Ledingham director | $34k 1,000 shares | -3% | |
| 46Moderate | PEGASYSTEMS INC | Efstathios A Kouninis SVP, Chief Accounting Officer | $37k 982 shares | -49% | |
| 16Weak | PEGASYSTEMS INC | Dianne Ledingham director | $38k 1,000 shares | -2% | |
| 43Moderate | PEGASYSTEMS INC | Rifat Kerim Akgonul Chief Product Officer | $252k 7,000 shares | -6% | |
| 72Notable | PEGASYSTEMS INC | Kenneth Stillwell COO, CFO | $1.4M 39,627 shares | -29% | |
| 31Weak | PEGASYSTEMS INC | Efstathios A Kouninis SVP, Chief Accounting Officer | $41k 1,063 shares | -48% | |
| 41Moderate | PEGASYSTEMS INC | Efstathios A Kouninis SVP, Chief Accounting Officer | $37k 1,012 shares | -50% | |
| 33Weak | PEGASYSTEMS INC | Rifat Kerim Akgonul Chief Product Officer | $102k 3,000 shares | -3% | |
| 42Moderate | PEGAsell PEGASYSTEMS INC | Efstathios A Kouninis SVP, Chief Accounting Officer | $56k 1,720 shares | -63% | |
| 20Weak | PEGAsell PEGASYSTEMS INC | Efstathios A Kouninis SVP, Chief Accounting Officer | $24k 750 shares | -24% |
Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.