other_material
confidence high
sentiment neutral
materiality 0.30
Pegasystems effects 2-for-1 forward stock split; shares begin trading split-adjusted June 23
PEGASYSTEMS INC
- Record date for stock split was June 10, 2025; each share received one additional share.
- Distribution of additional shares occurred on June 20, 2025, and trading on post-split basis began June 23, 2025.
- Authorized shares increased from 200M to 400M via Charter Amendment approved by shareholders on June 17, 2025.
- Proportionate adjustments made to equity incentive plans, outstanding awards, and stock option exercise prices.
- Board initially approved split on Feb 12, 2025; shareholder vote obtained on June 17, 2025.
item 3.03item 8.01item 9.01