---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-142883"
form_type: "8-K"
ticker: "PEGA"
cik: "0001013857"
company_name: "PEGASYSTEMS INC"
filed_at: "2023-05-12T23:59:59+00:00"
generated_at: "2026-06-15T02:02:37.041198+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Pegasystems repurchases $35.73M of 0.75% convertible notes due 2025 at discount

## Summary
- Repurchased $35.73M principal at $90.87 per $100, plus accrued interest.
- After repurchase, $531.27M of the Notes remain outstanding.
- Company may seek additional repurchases via open market or private transactions.
- Repurchase priced at a ~9% discount to par value.

## SEC filing metadata
- accession: 0001193125-23-142883
- form_type: 8-K
- ticker: PEGA
- cik: 0001013857
- company_name: PEGASYSTEMS INC
- filed_at: 2023-05-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1013857/000119312523142883/0001193125-23-142883-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1013857/000119312523142883/d493123d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-142883
- JSON: https://secwatch.observer/filing/0001193125-23-142883.json
- Plain text: https://secwatch.observer/filing/0001193125-23-142883.txt

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