AI brief of an SEC Form 8-K · Pegasystems (PEGA)

Pegasystems approves 2025 executive bonus plan with optional stock-based payout

Neutral Impact 2 of 5 shareholder Written later

Pegasystems' Compensation Committee approved the 2025 Section 16 Officer incentive compensation plan on February 4, 2025, covering the period January 1 to December 31, 2025. Bonuses depend on financial goals (75% weight) and strategic goals (25% weight), with no funding if goal attainment falls below 70%. The plan lets executives take half of their target bonus as restricted stock units priced at a 15% discount, which ties executive pay to share price and future vesting.

Key points

  • Plan approved February 4, 2025 for the January 1 to December 31, 2025 incentive period
  • Corporate goals weighted 75% financial and 25% strategic; no funding if achievement is below 70%
  • Executives may elect to receive 50% of target bonus in RSUs, calculated at 85% of fair market value on the grant date
  • RSUs vest 100% on or about the 2026 payout date, subject to threshold funding and continued employment

The filing

CompanyPegasystems (PEGA)
Form8-K, current report
Filed with the SECFeb 7, 2025, 4:52 PM ET
Accession number0001013857-25-000016

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 07, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.