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.
EFSTATHIOS A KOUNINIS submitted a Form 144 notice relating to the proposed sale of 750 shares of common stock that vested 03/04/2026. The filing also reports completed sales of 1,000 shares on 03/17/2026 and 750 shares on 05/29/2026, with proceeds shown for each transaction.
Form 144 notice for PEGA: Proposed resale of restricted shares. The filing lists 750 shares of Common Stock tied to restricted stock vesting under a registered plan dated 03/04/2026, with the broker identified as Morgan Stanley Smith Barney LLC. The document also reports a prior sale of 1,000 shares on 03/17/2026 for $42,880.00. The filing header shows 05/29/2026 as the filing date.
Pegasystems Inc Chief Product Officer Rifat Kerim Akgonul sold 4,545 shares of common stock in an open-market transaction at $33.35 per share. After this sale, he directly holds 107,070 shares of Pegasystems common stock, indicating he retained the vast majority of his position.
PEGA: A Form 144 notice reports proposed and recent sales of Common Stock tied to restricted stock vesting and open‑market dispositions. The notice lists 4,545 shares associated with restricted stock vesting on 03/04/2026, and three sales by Rifat Kerim Akgonul during March 2026 totaling 22,682 shares across 03/02/2026, 03/11/2026, and 03/16/2026.
PEGASYSTEMS INC COO and CFO Kenneth Stillwell reported a combination of option exercises, tax withholding, and share sales in company stock. He exercised stock options for 25,920 shares of common stock at $16.95 per share, then 17,537 shares were disposed of to cover tax obligations at $36.32 per share. He also sold 8,383 shares in an open-market transaction at $36.45 per share. After these transactions, he directly holds 108,532 common shares, with an additional 1,908 shares reported as indirectly held for his children.
Morgan Stanley Smith Barney LLC submitted a Form 144 relating to PEGA common stock, listing 8,383 shares to be sold on 05/05/2026 in connection with an exercise of options under a registered plan. The filing shows the sale method as cash and identifies the transaction role as Issuer.
The excerpt also lists recent dispositions by Kenneth Stillwell and Kenneth Stillwell Jr., including 44,000 shares sold on 03/10/2026 for $1,971,670.80 and smaller sales on 03/02/2026 and 04/01/2026.
Pegasystems Inc. filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2025, describing its enterprise AI decisioning and workflow automation platform, go-to-market strategy, and risks. The filing discloses $2.1 billion of revenue backlog as of December 31, 2025 and 169,043,716 shares outstanding as of January 30, 2026. It summarizes growth initiatives (AI, Blueprint, partnerships, Pega Cloud), operational metrics including 5,598 employees as of January 30, 2026, and material risks: intense competition, AI and regulatory uncertainty, reliance on third-party cloud hosts, cybersecurity exposure, and ongoing trade-secret litigation with Appian Corp., including a prior judgment and appellate proceedings.
Pegasystems Inc. is holding its 2026 Annual Meeting of Shareholders on June 16, 2026 in Waltham, Massachusetts. Shareholders will vote on electing eight directors for one-year terms, giving a non-binding advisory approval of named executive officer pay, and ratifying Deloitte & Touche LLP as independent auditor for 2026.
The proxy highlights strong 2025 performance, including 17% Annual Contract Value growth to $1,608 million and a 45% rise in free cash flow to $490,723 thousand, which led to above-target bonuses and performance option vesting. CEO total compensation for 2025 was $8,332,032, producing a CEO pay ratio of approximately 73 to 1. The Board emphasizes majority voting for directors, stock ownership guidelines, a compensation recovery policy, and a new Risk Subcommittee of the Audit Committee to oversee enterprise risk management and cybersecurity.
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.