Higgins John Gerard, Chief of Client & Partner Success, has demonstrated a consistent pattern of selling activity in Pegasystems Inc. (PEGA) shares, with no recorded purchases across 53 transactions totaling $1.17 million in sales. The most recent disposals occurred in March 2026, with four open-market sales between March 1 and March 7: a $61,090.81 transaction on March 1, followed by two sales totaling $255,296.72 on March 4, a $57,824.45 sale on March 5, and a $60,089.28 transaction on March 7. Earlier activity shows a similar trend, with December 2025 sales including $76,568.46 on December 1, $70,053 on December 5, and $76,459.92 on December 7.
The filings indicate Higgins exclusively reduced his PEGA position through "F" coded transactions (open market or private sales), while multiple "M" and "A" coded entries reflect derivative transactions with no reported value. The absence of any buy transactions and the repeated pattern of sales—particularly the cluster of disposals in early March 2026—suggest an ongoing divestment strategy rather than isolated rebalancing. All sales were executed within a narrow price range, with individual transactions typically falling between $57,000 and $93,000, except for the larger $162,306.06 sale on March 4. The activity remains confined to a single issuer, with no diversification across other securities.
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