secwatch.observer — SEC 8-K summary
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Issuer:     PEGASYSTEMS INC (PEGA)
CIK:        0001013857
Form:       8-K
Filed at:   2024-03-11T23:59:59+00:00
Accession:  0001013857-24-000063
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pegasystems sets 2024 executive salaries: CEO $600k, COO $550k, plus incentives
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- CEO Alan Trefler base salary $600,000 with 100% target bonus.
- COO/CFO Kenneth Stillwell base $550,000; target bonus 80% of salary.
- Aggregate target incentive plan payments: $1,598,500 and £193,000.
- Leon Trefler eligible for $410,000 sales commission; John Higgins eligible for £180,000 commission.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1013857/000101385724000063/0001013857-24-000063-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1013857/000101385724000063/pega-20240305.htm
  HTML page:      https://secwatch.observer/filing/0001013857-24-000063

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer