Pegasystems Inc. Reports Director Changes and Compensation
Ticker: PEGA · Form: 8-K · Filed: Feb 7, 2025 · CIK: 1013857
Sentiment: neutral
Topics: corporate-governance, executive-compensation, board-of-directors
Related Tickers: PEGA
TL;DR
PegaSys board shakeup & exec pay details filed Feb 4.
AI Summary
On February 4, 2025, Pegasystems Inc. filed an 8-K report detailing changes in its board of directors and executive compensation arrangements. The filing includes information regarding the election of directors and the appointment of certain officers, along with details on their compensatory arrangements. This report also covers financial statements and exhibits relevant to these corporate governance and compensation matters.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing is a routine corporate disclosure regarding board and executive changes, not indicating immediate financial distress or significant operational shifts.
Key Players & Entities
- Pegasystems Inc. (company) — Registrant
- February 4, 2025 (date) — Date of earliest event reported
- Massachusetts (jurisdiction) — State of incorporation
- 04-2787865 (tax_id) — IRS Employer Identification No.
- 225 Wyman Street, Waltham, MA 02451 (address) — Address of principal executive offices
- 617-374-9600 (phone_number) — Registrant's telephone number
FAQ
What specific changes were made to the board of directors?
The filing indicates the election of directors and departure of directors, but specific names and details of the changes are not provided in the provided text.
What are the key details of the compensatory arrangements for certain officers?
The filing mentions compensatory arrangements of certain officers, but the specific details of these arrangements are not included in the provided text.
What is the exact date of the earliest event reported in this 8-K?
The earliest event reported is dated February 4, 2025.
In which state was Pegasystems Inc. incorporated?
Pegasystems Inc. was incorporated in Massachusetts.
What is the primary business address of Pegasystems Inc.?
The primary business address is 225 Wyman Street, Waltham, MA 02451.
Filing Stats: 798 words · 3 min read · ~3 pages · Grade level 13 · Accepted 2025-02-07 16:52:41
Filing Documents
- pega-20250204.htm (8-K) — 27KB
- ex9912025section16altcicpp.htm (EX-99.1) — 28KB
- image_0a.jpg (GRAPHIC) — 23KB
- 0001013857-25-000016.txt ( ) — 214KB
- pega-20250204.xsd (EX-101.SCH) — 2KB
- pega-20250204_lab.xml (EX-101.LAB) — 21KB
- pega-20250204_pre.xml (EX-101.PRE) — 12KB
- pega-20250204_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits Exhibit No. Description 99.1 2025 Section 16 Officer/ALT Member Corporate Incentive Compensation Plan 104 Cover Page Interactive Data File (formatted as Inline XBRL) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Pegasystems Inc. Dated: February 7, 2025 By: /s/ Efstathios A. Kouninis Efstathios A. Kouninis Chief Accounting Officer, Senior Vice President and Treasurer