{"schema_version":"secwatch.filing_event.v1","accession":"0001013857-26-000019","form_type":"8-K","ticker":"PEGA","cik":"0001013857","company_name":"PEGASYSTEMS INC","filed_at":"2026-02-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.398723+00:00","generated_at":"2026-05-16T02:53:40.851426+00:00","sec_items":["5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"confidence":"high","headline":"Pegasystems approves 2026 executive incentive plan with 70% threshold and RSU election option","bullets":["Incentive plan funded based on 75% financial and 25% strategic goals; funding requires at least 70% achievement.","Executive officers may elect 50% of target bonus as RSUs valued at 85% of grant date closing price.","RSUs granted in March 2026, vest 100% on payout date in March 2027 conditional on threshold funding and individual performance.","If corporate goal achievement exceeds 100%, board may discretionarily enhance incentive funding.","Target incentive for each officer set by Compensation Committee at beginning of plan year."],"urls":{"canonical":"https://secwatch.observer/filing/0001013857-26-000019","json":"https://secwatch.observer/filing/0001013857-26-000019.json","markdown":"https://secwatch.observer/filing/0001013857-26-000019.md","text":"https://secwatch.observer/filing/0001013857-26-000019.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1013857/000101385726000019/0001013857-26-000019-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1013857/000101385726000019/pega-20260209.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T02:53:40.851426+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"}