secwatch.observer — SEC 8-K summary
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Issuer:     PEGASYSTEMS INC (PEGA)
CIK:        0001013857
Form:       8-K
Filed at:   2025-06-18T23:59:59+00:00
Accession:  0001013857-25-000185
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.03, 5.02, 5.07, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pegasystems shareholders approve 2-for-1 stock split; post-split trading expected June 23
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- Shareholders approved doubling authorized shares to 400M and 2-for-1 stock split.
- Stock split record date June 10; distribution expected June 20; post-split trading June 23.
- Also approved: director slate, say-on-pay, amended 2004 LTIP, and auditor ratification.
- Charter amendment filed with Massachusetts Secretary of State on June 17.
- Outstanding awards and option exercise prices will be adjusted proportionally.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1013857/000101385725000185/0001013857-25-000185-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1013857/000101385725000185/pega-20250617.htm
  HTML page:      https://secwatch.observer/filing/0001013857-25-000185

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