secwatch.observer — SEC 8-K summary
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Issuer:     PEGASYSTEMS INC (PEGA)
CIK:        0001013857
Form:       8-K
Filed at:   2025-06-23T23:59:59+00:00
Accession:  0001013857-25-000191
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 3.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pegasystems effects 2-for-1 forward stock split; shares begin trading split-adjusted June 23
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1013857/000101385725000191/0001013857-25-000191-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1013857/000101385725000191/pega-20250620.htm
  HTML page:      https://secwatch.observer/filing/0001013857-25-000191

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