Lawrence Weber, a director of Pegasystems Inc., filed a Form 144 notice on October 29, 2026, proposing to sell 2,974 shares of Pegasystems common stock on NASDAQ.

Key Highlights

  • Proposed sale: 2,974 shares of Pegasystems Inc. common stock with an aggregate market value of $100,256.51.
  • Seller: Lawrence Weber, identified in the filing as a Director of Pegasystems Inc.
  • Approximate sale date: October 29, 2026, through Morgan Stanley Smith Barney LLC Executive Financial Services.
  • Share acquisition - tranche one: 600 shares acquired on August 15, 2024, via restricted stock vesting under a registered plan, from the issuer.
  • Share acquisition - tranche two: 2,374 shares acquired on August 15, 2025, via restricted stock vesting under a registered plan, from the issuer.
  • Shares outstanding: 163,663,545 shares of common stock outstanding, according to the filing.
  • Prior sales: The filing reports nothing to report for securities sold during the past three months.

Weber's Proposed Rule 144 Sale of Pegasystems Common Stock

According to the Form 144 notice filed with the U.S. Securities and Exchange Commission, Lawrence Weber, a director of Pegasystems Inc. (NASDAQ:PEGA), proposed to sell 2,974 shares of the company's common stock. The filing lists the aggregate market value of those shares at $100,256.51, and identifies Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004, as the named broker for the transaction.

The filing details two separate acquisition tranches underlying the proposed sale. The first tranche consisted of 600 shares acquired on August 15, 2024, through restricted stock vesting under a registered plan, with the issuer listed as the source. The second tranche consisted of 2,374 shares acquired on August 15, 2025, also through restricted stock vesting under a registered plan from the issuer. Both tranches are identified as common stock, and neither involved cash payment, with "Not Applicable" listed under nature of payment for each.

The filing notes that Pegasystems Inc. is headquartered at 225 Wyman Street, Suite 300, Waltham, Massachusetts 02451-1293, and carries SEC File Number 001-11859. The total shares of common stock outstanding are listed as 163,663,545. The filing's remarks section includes the standard Rule 144 representation that the seller does not know of any material adverse information regarding the issuer's current and prospective operations that has not been publicly disclosed.

What Was Disclosed

Pegasystems director Lawrence Weber filed a Form 144 on October 29, 2026, disclosing a proposed sale of 2,974 common shares valued at $100,256.51 in aggregate, with shares sourced from two restricted stock vestings in August 2024 and August 2025.