{"schema_version":"secwatch.filing_event.v1","accession":"0001013857-26-000004","form_type":"8-K","ticker":"PEGA","cik":"0001013857","company_name":"PEGASYSTEMS INC","filed_at":"2026-01-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.398325+00:00","generated_at":"2026-05-16T11:00:42.835839+00:00","sec_items":["8.01","9.01"],"event_type":"litigation","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Pegasystems wins Supreme Court of Virginia appeal; $2B verdict overturned, retrial ordered","bullets":["Supreme Court of Virginia unanimously affirmed reversal of $2B trade secrets verdict against Pegasystems.","Court rejected all aspects of Appian's appeal; case remanded for retrial on VUTSA claims.","Pegasystems cites flawed jury instructions, improper burden shifting, and limits on evidence.","Appian's trade secrets claim remains but must be retried with corrected errors; no liability yet."],"urls":{"canonical":"https://secwatch.observer/filing/0001013857-26-000004","json":"https://secwatch.observer/filing/0001013857-26-000004.json","markdown":"https://secwatch.observer/filing/0001013857-26-000004.md","text":"https://secwatch.observer/filing/0001013857-26-000004.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1013857/000101385726000004/0001013857-26-000004-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1013857/000101385726000004/pega-20260108.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T11:00:42.835839+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}