secwatch.observer — SEC 8-K summary
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Issuer:     PEGASYSTEMS INC (PEGA)
CIK:        0001013857
Form:       8-K
Filed at:   2025-01-21T23:59:59+00:00
Accession:  0001013857-25-000008
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pega appoints Rohit Ghai (RSA CEO) to board effective Jan 16, 2025
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- Rohit Ghai appointed to Pega board effective Jan 16, 2025; board expands from 7 to 8 members.
- Ghai is CEO of RSA Security, with over 20 years in enterprise software, cybersecurity, and digital transformation.
- Compensation: $125k stock grant, $125k NSOs, $50k cash retainer (all prorated); joins Nominating & Corp Gov Committee.
- Ghai also serves on boards of D-Wave Systems and MHC; previously on Everbridge board.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1013857/000101385725000008/0001013857-25-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1013857/000101385725000008/pega-20250116.htm
  HTML page:      https://secwatch.observer/filing/0001013857-25-000008

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