{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-159880","form_type":"8-K","ticker":"PEGA","cik":"0001013857","company_name":"PEGASYSTEMS INC","filed_at":"2023-06-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.597655+00:00","generated_at":"2026-06-14T07:53:08.748692+00:00","sec_items":["7.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Pegasystems repurchases $29M of convertible notes at 91.375% of par","bullets":["Repurchased $29.0M principal amount of 0.75% convertible notes due 2025 at $91.375 per $100 par plus accrued interest.","Following repurchase, $502.27M in original principal of the notes remain outstanding.","Company may undertake further repurchases or exchanges in open market or private transactions depending on market conditions.","Repurchase at a discount reduces outstanding debt and future interest expense."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-159880","json":"https://secwatch.observer/filing/0001193125-23-159880.json","markdown":"https://secwatch.observer/filing/0001193125-23-159880.md","text":"https://secwatch.observer/filing/0001193125-23-159880.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1013857/000119312523159880/0001193125-23-159880-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1013857/000119312523159880/d451183d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T07:53:08.748692+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"}