8-K - Pegasystems Inc. | StockGist

AI Analysis

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On February 9, 2026, the Compensation Committee of Pegasystems Inc. approved the 2026 Section 16 Officer/ALT Member Corporate Incentive Compensation Plan for executive officers, covering January 1 to December 31, 2026, with funding based on 75% financial goals and 25% strategic goals, threshold at 70% for funding, and option for 50% of target bonus in RSUs vesting in 2027.

Key Takeaways

1Compensation Committee approved 2026 Incentive Plan on February 9, 2026

2Plan applies to Section 16 Officers and ALT Members for 2026

3Corporate Goals: 75% financial, 25% strategic weighting

4No funding if achievement below 70% threshold

5Executives may elect 50% target bonus as RSUs at 85% of grant date closing stock price

6RSUs vest 100% in March 2027 if threshold funded and individual performance met

7Exhibit 10.1: 2026 Section 16 Officer Corporate Incentive Compensation Plan

Current Report Details

Event Type

Management Change

Exhibits Only

Disclosure

Mandatory

Variant

8-K

Items Reported

5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On February 9,

Management Change

9.01

Financial Statements and Exhibits Exhibit No. Description 10.1 2026 Section 16 Officer Corporate Incentive Compensation Plan 104 Cover Page Interactive Data Fil

Exhibits Only

Exhibits (2)

10.1

EX-10.1

8-K