Pegasystems Unveils 2026 Executive Incentive Compensation Plan Tied to Performance Goals

Reuters
Feb 13
Pegasystems Unveils 2026 Executive Incentive Compensation Plan Tied to Performance Goals

Pegasystems Inc. has approved its 2026 Section 16 Officer/ALT Member Corporate Incentive Compensation Plan, which applies to executive officers for the period from January 1 to December 31, 2026. The plan establishes a bonus pool based on the achievement of specific performance goals, with financial goals weighted at 75% and strategic goals at 25%. The level of funding depends on the percentage achievement of these goals, and no bonus will be paid if this is below 70%. If the achievement exceeds 100%, an enhanced incentive may be funded at the Board’s discretion. Executive officers may choose to receive half of their target bonus in the form of restricted stock units (RSUs), calculated at 85% of the stock’s closing price on the grant date. The RSUs will be granted in March 2026 and will vest in 2027, subject to plan funding, continued employment, and individual performance.

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