Welcome to our dedicated page for PEGASYSTEMS SEC filings (Ticker: PEGA), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Pegasystems Inc. filings document regulatory disclosures for a Massachusetts software company whose business centers on AI-powered enterprise transformation, workflow automation, customer engagement, and legacy-system modernization. Current 8-K reports record quarterly and annual financial results, Pega Cloud and Annual Contract Value metrics, share repurchase authorization updates, exit and disposal activity costs, and litigation-related events.
Proxy materials disclose board matters, executive compensation, equity awards, pay-versus-performance data, and shareholder voting items. Other current reports describe executive incentive compensation plans and governance actions tied to the company's operating and capital-allocation framework.
PegaSystems Inc. reported softer results for the quarter ended March 31, 2026. Total revenue was $429.97 million, down about 10% from $475.63 million a year earlier, as subscription license and consulting revenue declined, partly offset by strong Pega Cloud growth.
Net income fell to $32.76 million from $85.42 million, and diluted earnings per share decreased to $0.18 from $0.46. Profitability was pressured by higher selling, marketing, research, and especially general and administrative expenses, which included increased legal costs outside the ordinary course of business.
Despite lower earnings, cash generation was solid. Operating cash flow rose to $212.25 million and free cash flow to $206.53 million. The company ended the quarter with $473.95 million in cash, cash equivalents, and marketable securities, no borrowings under its $100 million credit facility, and significant remaining share repurchase capacity after buying back 3.5 million shares for $167.3 million.
Pegasystems Inc. reported softer results for Q1 2026, with total revenue of $429.973 million, down 10% from $475.633 million a year earlier. GAAP net income fell to $32.764 million from $85.422 million, and GAAP diluted EPS declined to $0.18 from $0.46.
Despite lower revenue and earnings, the company’s subscription engine remains strong. Total annual contract value (ACV) increased 12% year over year to $1.622 billion, led by Pega Cloud ACV growth of 29%. Cash flow from operations reached $212.251 million and free cash flow was $206.525 million, both above $200 million.
Pegasystems Inc. executive Kenneth Stillwell, the company’s COO and CFO, reported an open-market sale of 1,000 shares of common stock at $43.17 per share. The sale was made pursuant to a pre-arranged Rule 10b5-1 trading plan adopted by Mr. Stillwell. After the transaction, he directly holds 108,532 common shares. A separate entry shows 1,908 shares held indirectly for his children, which reflects ongoing indirect ownership rather than a new trade.
Kenneth Stillwell reported proposed sales of Common Stock via Rule 144/10b5-1 notices. The filing lists multiple transactions including 44,000 shares sold on 03/10/2026 for $1,971,640.00, and earlier 1,000; 1,000; and 4,000 share sales on 03/02/2026, 02/02/2026, and 01/02/2026 with associated proceeds shown.
Pegasystems Inc — The Vanguard Group filed Amendment No. 2 to a Schedule 13G/A reporting 0 shares beneficially owned of Pegasystems common stock, representing 0% of the class. The filing explains an internal realignment on January 12, 2026 and states certain Vanguard subsidiaries will report holdings separately in reliance on SEC Release No. 34-39538. The amendment is signed by Ashley Grim on 03/27/2026.
PEGASYSTEMS INC senior vice president and chief accounting officer Efstathios A. Kouninis reported an open-market sale of 1,000 shares of common stock at $42.88 per share. After this transaction on March 17, 2026, he directly holds 3,365 common shares.
Pegasystems Inc. Chief Product Officer Rifat Kerim Akgonul reported a combination of option exercises and share dispositions. He exercised stock options for 30,000 shares of common stock at $23.64 per share, converting a fully vested grant into owned shares. On the same date, he sold 7,594 shares of common stock in an open-market transaction at $43.39 per share and had 22,406 shares withheld at $43.36 per share to cover tax obligations. Following these transactions, he directly owns 119,023 shares of Pegasystems common stock.
Morgan Stanley Smith Barney LLC submitted a Form 144 reporting proposed sales of Common stock tied to restricted stock vesting under a registered plan. The filing lists scheduled vesting events and share quantities, including 201 shares vesting 12/07/2025 and 266 shares vesting 12/05/2025, among other dates and amounts.
PEGA submitted a Form 144 notice for the proposed sale of 7,594 shares of common stock to occur on 03/16/2026, described as resulting from an exercise of options under a registered plan with cash as the consideration method. The filing lists three prior sales by Rifat Kerim Akgonul in the past three months: 03/11/2026 (8,088 shares, $352,353.72), 03/02/2026 (7,000 shares, $306,904.50), and 02/13/2026 (7,000 shares, $302,155.00).
Pegasystems Chief Product Officer Rifat Kerim Akgonul exercised stock options for 30,000 shares of common stock at an exercise price of $23.64 per share. The options were fully vested at the time of exercise.
To cover related obligations, 21,912 shares were disposed of at $43.49 per share as a tax-withholding transaction, and 8,088 shares were sold in an open-market transaction at $43.565 per share. After these transactions, Akgonul directly owned 111,429 shares of Pegasystems common stock.