---
schema_version: "secwatch.filing_event.v1"
accession: "0001013857-24-000235"
form_type: "8-K"
ticker: "PEGA"
cik: "0001013857"
company_name: "PEGASYSTEMS INC"
filed_at: "2024-11-01T23:59:59+00:00"
generated_at: "2026-05-30T06:47:27.906089+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Pegasystems repurchases $34.4M of 2025 convertible notes at 98.5% of par

## Summary
- Repurchased $34.4M principal of 0.75% convertible notes due 2025 at $98.50 per $100, plus accrued interest.
- After repurchase, $467.9M principal of notes remain outstanding.
- Company may pursue additional repurchases or exchanges depending on market conditions and liquidity.
- Transaction executed as privately negotiated purchase; discount reduces future interest obligations.

## SEC filing metadata
- accession: 0001013857-24-000235
- form_type: 8-K
- ticker: PEGA
- cik: 0001013857
- company_name: PEGASYSTEMS INC
- filed_at: 2024-11-01T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1013857/000101385724000235/0001013857-24-000235-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1013857/000101385724000235/pega-20241101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001013857-24-000235
- JSON: https://secwatch.observer/filing/0001013857-24-000235.json
- Plain text: https://secwatch.observer/filing/0001013857-24-000235.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.