• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Superconnector
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEW
    Legal
    Terms of usePrivacy policyCookie policy

    Pegasystems Inc. filed SEC Form 8-K: Material Modification to Rights of Security Holders, Other Events, Financial Statements and Exhibits

    6/23/25 4:05:53 PM ET
    $PEGA
    EDP Services
    Technology
    Get the next $PEGA alert in real time by email
    pega-20250620
    false000101385700010138572025-06-202025-06-20


    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549 
    ____________________
     FORM 8-K
    ____________________

    Current Report
    Pursuant to Section 13 or 15(d) of the
    Securities Exchange Act of 1934

    Date of Report (Date of earliest event reported): June 20, 2025
    ____________________
    PEGASYSTEMS INC.
    (Exact name of Registrant as specified in its charter)
    ____________________
    Massachusetts1-1185904-2787865
    (State or other jurisdiction of incorporation)(Commission File Number)(IRS Employer Identification No.)
    225 Wyman Street, Waltham, MA 02451
    (Address of principal executive offices, including zip code)

    (617) 374-9600
    (Registrant’s telephone number, including area code)

    Not Applicable
    (Former name or former address, if changed since last report)

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions:
    ☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
    ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
    ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
    ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
    Securities registered pursuant to Section 12(b) of the Act:
    Title of each classTrading symbol(s)Name of each exchange on which registered
    Common Stock, $.01 par value per sharePEGANASDAQ Global Select Market
    Indicate by check mark whether the Registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).                         
                                                    Emerging growth company ☐
    If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.      ☐



    Item 3.03. Material Modification to Rights of Security Holders.
    (a) The information set forth in Item and 8.01 below is hereby incorporated by reference into this Item 3.03.

    Item 8.01. Other Events.
    As previously disclosed in the Forms 8-K filed on February 12, 2025 and June 18, 2025 by Pegasystems Inc. (the “Company”) with the Securities and Exchange Commission (the “SEC”), on February 12, 2025 the Company’s board of directors approved a two-for-one forward stock split (the “Stock Split”) of the Company’s common stock, par value $0.01 (“Common Stock”), to be effected as a stock dividend, and a proportionate increase in the number of authorized shares of Common Stock from 200,000,000 to 400,000,000 (the “Authorized Share Increase”). The Stock Split and the Authorized Share Increase were subject to shareholder approval of an amendment to the Company’s Restated Articles of Organization (the "Charter Amendment”) and the filing of the Charter Amendment with the Secretary of State of the Commonwealth of Massachusetts. The requisite shareholder approval was obtained on June 17, 2025 and the Charter Amendment was then filed on June 17, 2025.

    Accordingly, as previously disclosed in the Form 8-K filed on February 12, 2025 and June 18, 2025 by the Company with the SEC, every one share of Common Stock outstanding on June 10, 2025, the record date for the Stock Split, received one additional share of Common Stock for each share of Common Stock held on the record date. The distribution occurred on June 20, 2025, and the Common Stock began trading on a post-split basis on June 23, 2025.

    As a result of the Stock Split, proportionate adjustments have been made to the number of shares of Common Stock issuable under the Company’s equity incentive plans and the number of shares underlying outstanding equity awards, as well as to the exercise price of any outstanding stock options.


    Item 9.01     Financial Statements and Exhibits
    Exhibit No.Description
    104
    Cover Page Interactive Data File (formatted as Inline XBRL)




    SIGNATURE

    Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
     
    Pegasystems Inc.
    Dated:June 23, 2025By:
    /s/ Matthew J. Cushing
    Matthew J. Cushing
    Senior Vice President, Chief Commercial Officer, General Counsel and Secretary


    Get the next $PEGA alert in real time by email

    Crush Q3 2025 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Recent Analyst Ratings for
    $PEGA

    DatePrice TargetRatingAnalyst
    1/14/2025$118.00Overweight
    KeyBanc Capital Markets
    8/1/2024$68.00 → $84.00Hold → Buy
    Loop Capital
    7/31/2024$85.00Mkt Perform → Mkt Outperform
    JMP Securities
    7/30/2024Mkt Perform → Outperform
    William Blair
    1/12/2024$52.00Underweight → Equal Weight
    Barclays
    7/5/2023$50.00 → $65.00Neutral → Outperform
    Exane BNP Paribas
    6/6/2023$48.00Neutral
    DA Davidson
    5/8/2023$56.00Buy
    Rosenblatt
    More analyst ratings

    $PEGA
    SEC Filings

    View All

    SEC Form 144 filed by Pegasystems Inc.

    144 - PEGASYSTEMS INC (0001013857) (Subject)

    9/3/25 4:22:00 PM ET
    $PEGA
    EDP Services
    Technology

    SEC Form 10-Q filed by Pegasystems Inc.

    10-Q - PEGASYSTEMS INC (0001013857) (Filer)

    7/22/25 4:10:25 PM ET
    $PEGA
    EDP Services
    Technology

    Pegasystems Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

    8-K - PEGASYSTEMS INC (0001013857) (Filer)

    7/22/25 4:07:41 PM ET
    $PEGA
    EDP Services
    Technology

    $PEGA
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    View All

    C.E.O. & Chairman Trefler Alan sold $2,623,565 worth of shares (45,000 units at $58.30), decreasing direct ownership by 0.10% to 45,024,364 units (SEC Form 4)

    4 - PEGASYSTEMS INC (0001013857) (Issuer)

    9/19/25 4:34:57 PM ET
    $PEGA
    EDP Services
    Technology

    C.E.O. & Chairman Trefler Alan gifted 11,808,689 shares, received a gift of 11,808,689 shares and sold $2,619,846 worth of shares (45,000 units at $58.22), decreasing direct ownership by 0.10% to 45,069,364 units (SEC Form 4)

    4 - PEGASYSTEMS INC (0001013857) (Issuer)

    9/17/25 4:21:32 PM ET
    $PEGA
    EDP Services
    Technology

    SVP of Finance & CAO Kouninis Efstathios A exercised 4,720 shares at a strike of $16.95, covered exercise/tax liability with 2,176 shares and sold $150,096 worth of shares (2,544 units at $59.00) (SEC Form 4)

    4 - PEGASYSTEMS INC (0001013857) (Issuer)

    9/16/25 5:04:04 PM ET
    $PEGA
    EDP Services
    Technology

    $PEGA
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    View All

    Director Rowlands Sharon T bought $504,218 worth of shares (8,600 units at $58.63), increasing direct ownership by 39% to 30,871 units (SEC Form 4)

    4 - PEGASYSTEMS INC (0001013857) (Issuer)

    6/13/24 5:06:30 PM ET
    $PEGA
    EDP Services
    Technology

    $PEGA
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    Pega Launches Industry's First Agentic Enterprise Transformation Platform

    Only Pega Infinity '25 combines AI design-time creativity with runtime predictability to effectively modernize legacy systems Pegasystems Inc. (NASDAQ:PEGA), The Enterprise Transformation CompanyTM, today announced the general availability of Pega Infinity '25, the industry's first agentic enterprise transformation platform to deliver trustworthy, predictable AI agents at scale. New features empower organizations to reimagine legacy systems, automate work with reliable AI agents, and boost productivity. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250924975521/en/Pega Blueprint's AI agents analyze and summarize legacy assets

    9/24/25 9:00:00 AM ET
    $PEGA
    EDP Services
    Technology

    Pega Launches First Payment Exceptions and Investigations Solution with Native Agentic Capabilities to Speed Resolution and Lower Costs

    Pega Smart Investigate Agentic Automation gives banks the flexibility to combine proven workflows with powerful generative AI capabilities Pegasystems Inc. (NASDAQ:PEGA), The Enterprise Transformation Company™, today announced Pega Smart Investigate Agentic Automation™, a new edition of its payment exceptions and investigations solution. Built on Pega's more than 40-year market leadership, it delivers the only payment exceptions and investigations software with native support for the latest SWIFT ISO 20022 standards and embedded agentic AI, enabling faster case resolution with lower operational cost. Pega's predictable AI gives financial institutions the flexibility to apply powerful agen

    9/16/25 9:00:00 AM ET
    $PEGA
    EDP Services
    Technology

    Pega Announces Quarterly Cash Dividend for Fourth Quarter of 2025

    Pegasystems Inc. (NASDAQ:PEGA), The Enterprise Transformation Company™, today announced a quarterly cash dividend of $0.03 per share, maintaining the company's current dividend program. The Q4 2025 dividend will be paid on October 15, 2025, to shareholders of record as of October 1, 2025. About Pega Pega provides the leading AI-powered platform for enterprise transformation. The world's most influential organizations trust our technology to reimagine how work gets done by automating workflows, personalizing customer experiences, and modernizing legacy systems. Since 1983, our scalable, flexible architecture has fueled continuous innovation, helping clients accelerate their path to the a

    9/15/25 9:00:00 AM ET
    $PEGA
    EDP Services
    Technology

    $PEGA
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    View All

    KeyBanc Capital Markets resumed coverage on Pegasystems with a new price target

    KeyBanc Capital Markets resumed coverage of Pegasystems with a rating of Overweight and set a new price target of $118.00

    1/14/25 8:06:36 AM ET
    $PEGA
    EDP Services
    Technology

    Pegasystems upgraded by Loop Capital with a new price target

    Loop Capital upgraded Pegasystems from Hold to Buy and set a new price target of $84.00 from $68.00 previously

    8/1/24 6:29:11 AM ET
    $PEGA
    EDP Services
    Technology

    Pegasystems upgraded by JMP Securities with a new price target

    JMP Securities upgraded Pegasystems from Mkt Perform to Mkt Outperform and set a new price target of $85.00

    7/31/24 6:32:53 AM ET
    $PEGA
    EDP Services
    Technology

    $PEGA
    Financials

    Live finance-specific insights

    View All

    Pega Announces Quarterly Cash Dividend for Fourth Quarter of 2025

    Pegasystems Inc. (NASDAQ:PEGA), The Enterprise Transformation Company™, today announced a quarterly cash dividend of $0.03 per share, maintaining the company's current dividend program. The Q4 2025 dividend will be paid on October 15, 2025, to shareholders of record as of October 1, 2025. About Pega Pega provides the leading AI-powered platform for enterprise transformation. The world's most influential organizations trust our technology to reimagine how work gets done by automating workflows, personalizing customer experiences, and modernizing legacy systems. Since 1983, our scalable, flexible architecture has fueled continuous innovation, helping clients accelerate their path to the a

    9/15/25 9:00:00 AM ET
    $PEGA
    EDP Services
    Technology

    Pega's AI Strategy Powers Continued Acceleration in Q2 2025

    Annual Contract Value (ACV) grows 16% year over year as reported and 14% in constant currency Pega Cloud ACV increases 28% year over year as reported and 25% in constant currency Pega Cloud backlog increases 30% year over year as reported and 26% in constant currency Cash flow from operations and free cash flow grow over 30% year over year Pegasystems Inc. (NASDAQ:PEGA), the Enterprise Transformation Company™, released its financial results for the second quarter of 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250722695089/en/Total ACV Growth and Pega Cloud ACV Growth "Our unique approach to AI was a key dri

    7/22/25 4:05:00 PM ET
    $PEGA
    EDP Services
    Technology

    Pega to Announce Financial Results for the Second Quarter of 2025 and Host Conference Call and Webcast

    Pegasystems Inc. (NASDAQ:PEGA), The Enterprise Transformation Company™, today announced it will report financial results for the second quarter of 2025 on Tuesday, July 22, 2025, after market close. A conference call and audio-only webcast will be conducted at 8:00 a.m. EDT on Wednesday, July 23, 2025. Members of the public and investors are invited to join the call and participate in the question and answer session by dialing 1 (800) 715-9871 (domestic) or 1 (646) 307-1963 (international) and using Conference ID 7346894, or via https://events.q4inc.com/attendee/586505740 by logging onto www.pega.com at least five minutes prior to the event's broadcast and clicking on the webcast icon in

    7/8/25 4:05:00 PM ET
    $PEGA
    EDP Services
    Technology

    $PEGA
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    Amendment: SEC Form SC 13G/A filed by Pegasystems Inc.

    SC 13G/A - PEGASYSTEMS INC (0001013857) (Subject)

    11/12/24 12:54:20 PM ET
    $PEGA
    EDP Services
    Technology

    Amendment: SEC Form SC 13G/A filed by Pegasystems Inc.

    SC 13G/A - PEGASYSTEMS INC (0001013857) (Subject)

    11/12/24 10:59:00 AM ET
    $PEGA
    EDP Services
    Technology

    Amendment: SEC Form SC 13G/A filed by Pegasystems Inc.

    SC 13G/A - PEGASYSTEMS INC (0001013857) (Subject)

    9/10/24 3:55:43 PM ET
    $PEGA
    EDP Services
    Technology

    $PEGA
    Leadership Updates

    Live Leadership Updates

    View All

    Pega Launches First Payment Exceptions and Investigations Solution with Native Agentic Capabilities to Speed Resolution and Lower Costs

    Pega Smart Investigate Agentic Automation gives banks the flexibility to combine proven workflows with powerful generative AI capabilities Pegasystems Inc. (NASDAQ:PEGA), The Enterprise Transformation Company™, today announced Pega Smart Investigate Agentic Automation™, a new edition of its payment exceptions and investigations solution. Built on Pega's more than 40-year market leadership, it delivers the only payment exceptions and investigations software with native support for the latest SWIFT ISO 20022 standards and embedded agentic AI, enabling faster case resolution with lower operational cost. Pega's predictable AI gives financial institutions the flexibility to apply powerful agen

    9/16/25 9:00:00 AM ET
    $PEGA
    EDP Services
    Technology

    Pega Hires New Leader to Drive Partner Program Transformation

    Industry veteran Daniel Kasun joins as head of global partner ecosystem to accelerate AI-driven legacy transformation through strategic partnerships Pegasystems Inc. (NASDAQ:PEGA), The Enterprise Transformation Company™, today announced the appointment of Daniel Kasun as head of global partner ecosystem. Reporting to John Higgins, chief of client and partner success, Kasun will lead the strategic evolution of Pega's partner ecosystem to help clients accelerate their legacy transformation journeys, including strengthening alliances with global systems integrators and hyperscalers, accelerating adoption of Pega GenAI™ and Pega Blueprint™ through partners, and expanding partner-influenced re

    7/8/25 9:00:00 AM ET
    $PEGA
    EDP Services
    Technology

    Pegasystems Set to Join S&P MidCap 400

    NEW YORK, May 19, 2025 /PRNewswire/ -- Pegasystems Inc. (NASD: PEGA) will replace Nordstrom Inc. (NYSE:JWN) in the S&P MidCap 400 effective prior to the opening of trading on Thursday, May 22. The Nordstrom family and El Puerto de Liverpool S.A.B. de C.V. (BMV:LIVEPOL) are acquiring Nordstrom in a deal expected to be completed on May 20. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name       Action Company Name Ticker GICS Sector May 22, 2025 S&P MidCap 400 Addition Pegasystems PEGA Information Technology May 22, 2025 S&P MidCap 400 Deletion Nordstrom JWN Consumer Discretionary For more information abou

    5/19/25 6:17:00 PM ET
    $JWN
    $PEGA
    $SPGI
    Clothing/Shoe/Accessory Stores
    Consumer Discretionary
    EDP Services
    Technology