Pegasystems INC: management transactions · United States · SEC (Form 4)

About Pegasystems INC

Pegasystems Inc. (“Pega”) is a U.S.-based enterprise software company listed on the NASDAQ Global Select Market under the ticker PEGA in the United States. Incorporated in Massachusetts in 1983, the company has built a long-standing franchise in workflow automation, customer engagement, and enterprise decisioning software. Its corporate headquarters were relocated from Cambridge to Waltham, Massachusetts, effective January 1, 2025, reinforcing its roots in the Boston technology corridor. Pega’s core business is centered on helping large organizations modernize legacy systems, automate complex operations, and deliver more personalized customer experiences through AI-driven software. The company’s flagship portfolio, Pega Infinity, includes Pega Customer Decision Hub, which provides real-time decisioning and next-best-action capabilities; Pega Customer Service, designed to improve service interactions and employee productivity; and Pega Platform, which supports AI-powered workflow automation and application development. Pega also markets newer initiatives such as Pega Blueprint, aimed at accelerating application design and business transformation. From a competitive standpoint, Pegasystems operates in a highly fragmented and intensely contested market. Its competitors include major enterprise software vendors across CRM, business process automation, low-code development, decision management, and AI, including Microsoft, Salesforce, Oracle, IBM, SAP, and ServiceNow, all of which are named in the company’s regulatory filings. Pega’s competitive edge lies in its flexible architecture, strong integration capabilities, and its ability to address mission-critical workflows in large enterprises. The company is particularly focused on industries such as financial services, insurance, healthcare, and other large-scale service environments where orchestration and compliance are important. Geographically, Pega has a global footprint. While its principal operations are concentrated in the United States and India, the company also maintains offices across the Americas, Europe, and Asia-Pacific. Recent developments underscore the company’s push into AI and compliance-oriented automation. In early 2026, Pega announced new “vibe coding” capabilities in Pega Blueprint, achieved ISO/IEC 42001:2023 certification for Pega Cloud and GenAI-related services, and launched a collaboration with Moody’s to streamline customer lifecycle management and KYC processes for financial services clients. For French, Belgian, and Swiss investors, Pega represents a mature but innovation-led software name with exposure to long-duration digital transformation trends, while remaining subject to fierce competition and rapid technology shifts.