---
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"
generated_at: "2026-05-16T02:53:40.851426+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Pegasystems approves 2026 executive incentive plan with 70% threshold and RSU election option

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001013857-26-000019
- JSON: https://secwatch.observer/filing/0001013857-26-000019.json
- Plain text: https://secwatch.observer/filing/0001013857-26-000019.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.