Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-10-14

PEGASYSTEMS INC (PEGA)

CEO Alan Trefler was paid $8,332,032 in fiscal year 2025, ↑ up 8.5% from fiscal year 2024, the 22nd percentile of its disclosed peer group (SEC filing 0001013857-26-000031 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$8,332,032 ↑
Alan Trefler total, FY2025
22nd
CEO pay percentile vs peers
73:1
CEO-to-median pay ratio
97.4%
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Sample answer — “What is the CEO’s total compensation?”
- Alan Trefler (Chairman and Chief Executive Officer), FY2025 total compensation $8,332,032 (base salary $600,000) [exec_comp, SEC accession 0001013857-26-000031, filed 2026-04-24]

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PEGA's next annual pay disclosure, estimated April 24, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Alan Trefler$600,000$0$0$7,001,532$720,000$0$10,500$8,332,032
Chairman and Chief Executive Officer
Kenneth Stillwell550,00002,258,4593,206,202330,343010,5006,355,504
Chief Operating Officer and Chief Financial Officer
Leon Trefler415,000523,6291,000,0592,096,390252,467010,5004,298,045
Chief of Clients and Markets
John Gerard Higgins520,841293,5401,143,5302,096,390170,103012,3864,236,791
Chief of Client and Partner Success
Rifat Kerim Akgonul491,26201,206,2362,096,390234,760010,5004,039,148
Chief Product Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Alan Trefler$8,332,032$7,681,854$5,549,906↑ +650,178
Kenneth Stillwell6,355,5046,004,6784,446,957↑ +350,826
Leon Trefler4,298,0453,983,6032,993,170↑ +314,442
John Gerard Higgins4,236,7913,890,8302,737,415↑ +345,961
Rifat Kerim Akgonul4,039,1483,574,1202,518,761↑ +465,028

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

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$8,332,032 Alan Trefler total, FY2025

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Data as of October 14, 2026 · Source: 0001013857-26-000031 · Velarion Executive Compensation Database, deposited on Zenodo (doi:10.5281/zenodo.22283855).

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01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Christopher LafondIndependent Director$334,530
Dianne LedinghamIndependent Director$310,030
Larry WeberIndependent Director$345,030
Peter GyenesIndependent Director$315,030
Richard JonesIndependent Director$310,030
Rohit GhaiIndependent Director$453,388
Sharon RowlandsIndependent Director$320,030
02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Kenneth StillwellCOO, CFO2026-05-05A25,920$17$439,344CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-05-05D25,92000Derivative, Class A CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-05-05D8,38336305,560CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-05-05D17,53736636,944CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-05-19D4,54533151,576CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-05-29D7503526,063CommonForm 4 ↗
Dividend-equivalent accruals2026-06-01—3,952——4 insiders, 6 accrual rows
Efstathios A. KouninisSVP, Chief Accounting Officer2026-06-01D50361,787CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-06-01A20400CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-06-01D7503727,743CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-06-01D2,35200Derivative, Class A CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-06-01D9263633,086CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-06-01A18400CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-06-01D103363,680CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-06-01D5743620,509CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-06-01A2,35200CommonForm 4 ↗
Leon TreflerChief of Clients and Markets2026-06-01A1,17600CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-06-01A1,02800CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-06-01D5693620,330CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-06-01A1,17600CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-06-01D103363,680CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-06-01A18400CommonForm 4 ↗
Leon TreflerChief of Clients and Markets2026-06-01D4633616,543CommonForm 4 ↗
Dividend-equivalent accruals2026-06-04—5,172——4 insiders, 4 accrual rows
Rifat Kerim AkgonulChief Product Officer2026-06-04A1,61600CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-06-04A32400CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-06-04A1,61600CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-06-04D3,23000Derivative, Class A CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-06-04D1,2723544,660CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-06-04D79352,774CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-06-04D7823527,456CommonForm 4 ↗
Leon TreflerChief of Clients and Markets2026-06-04A1,61600CommonForm 4 ↗
Leon TreflerChief of Clients and Markets2026-06-04D6363522,330CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-06-04A3,23000CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-06-04D9023531,669CommonForm 4 ↗
Dividend-equivalent accruals2026-06-05—440——1 insider, 1 accrual row
Leon TreflerChief of Clients and Markets2026-06-05A2,20000CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-06-05D1,2283543,520CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-06-05A2,20000CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-06-05D1,0643537,708CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-06-05D2,20000Derivative, Class A CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-06-05A2,20000CommonForm 4 ↗
Leon TreflerChief of Clients and Markets2026-06-05D2,20000Derivative, Class A CommonForm 4 ↗
Leon TreflerChief of Clients and Markets2026-06-05D8663530,691CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-06-05D4,40200Derivative, Class A CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-06-05D1,7333561,418CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-06-05A4,40200CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-06-05D108353,828CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-06-05A44000CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-06-05D2,20000Derivative, Class A CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-06-07D2,27800Derivative, Class A CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-06-07A2,27800CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-06-07D2,27800Derivative, Class A CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-06-07A2,27800CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-06-07D81352,812CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-06-07A33200CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-06-07D2,0553571,329CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-06-07A5,22200CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-06-07D1,1023538,250CommonForm 4 ↗
Leon TreflerChief of Clients and Markets2026-06-07D2,65800Derivative, Class A CommonForm 4 ↗
Dividend-equivalent accruals2026-06-07—332——1 insider, 1 accrual row
Kenneth StillwellCOO, CFO2026-06-07D5,22200Derivative, Class A CommonForm 4 ↗
Leon TreflerChief of Clients and Markets2026-06-07D1,0463536,307CommonForm 4 ↗
Leon TreflerChief of Clients and Markets2026-06-07A2,65800CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-06-07D1,2723544,151CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-06-16D6503221,004CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-06-16D100323,232CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-08-07D8603227,778CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-08-10D8603328,466CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-08-10D18,29233602,356CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-08-10A25,92017439,344CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-08-10D25,92000Derivative, Class A CommonForm 4 ↗
Rohit GhaiDirector2026-08-15A3,86800CommonForm 4 ↗
Richard JonesDirector2026-08-15A7,94700Derivative, Class A CommonForm 4 ↗
Christopher LafondDirector2026-08-15A3,86800CommonForm 4 ↗
Dianne LedinghamDirector2026-08-15A7,94700Derivative, Class A CommonForm 4 ↗
Dianne LedinghamDirector2026-08-15A3,86800CommonForm 4 ↗
Sharon RowlandsDirector2026-08-15A3,86800CommonForm 4 ↗
Rohit GhaiDirector2026-08-15A7,94700Derivative, Class A CommonForm 4 ↗
Larry WeberDirector2026-08-15A3,86800CommonForm 4 ↗
Peter GyenesDirector2026-08-15A7,94700Derivative, Class A CommonForm 4 ↗
Peter GyenesDirector2026-08-15A3,86800CommonForm 4 ↗
Christopher LafondDirector2026-08-15A7,94700Derivative, Class A CommonForm 4 ↗
Sharon RowlandsDirector2026-08-15A7,94700Derivative, Class A CommonForm 4 ↗
Larry WeberDirector2026-08-15A7,94700Derivative, Class A CommonForm 4 ↗
Richard JonesDirector2026-08-15A3,86800CommonForm 4 ↗
Dianne LedinghamDirector2026-08-25D6,24200CommonForm 4 ↗
Dianne LedinghamDirector2026-08-25A6,24200CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-08-25D1,7003457,766CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-08-25D1,3003444,200CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-08-31D2,50000Derivative, Class A CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-08-31D1,4883754,312CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-08-31A2,5001742,375CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-08-31D1,0123736,938CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-09-01A2,35000CommonForm 4 ↗
Dividend-equivalent accruals2026-09-01—3,960——4 insiders, 6 accrual rows
John Gerard HigginsChief, Client &Partner Success2026-09-01A1,03000CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-09-01D51371,877CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-09-01A20600CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-09-01D5693720,945CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-09-01D104373,828CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-09-01D104373,828CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-09-01A18600CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-09-01D5753721,166CommonForm 4 ↗
Leon TreflerChief of Clients and Markets2026-09-01A1,17600CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-09-01A1,17600CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-09-01A18600CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-09-01D2,35000Derivative, Class A CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-09-01D9253734,049CommonForm 4 ↗
Leon TreflerChief of Clients and Markets2026-09-01D4633717,043CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-09-03D1,0633941,191CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-09-03D1,4373955,684CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-09-03A2,5001742,375CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-09-03D2,50000Derivative, Class A CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-09-04A1,61600CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-09-04D79382,980CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-09-04A32200CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-09-04D1,2723847,980CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-09-04A3,23200CommonForm 4 ↗
Leon TreflerChief of Clients and Markets2026-09-04D6363823,990CommonForm 4 ↗
Leon TreflerChief of Clients and Markets2026-09-04A1,61600CommonForm 4 ↗
Dividend-equivalent accruals2026-09-04—5,170——4 insiders, 4 accrual rows
John Gerard HigginsChief, Client &Partner Success2026-09-04D9023834,023CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-09-04A1,61600CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-09-04D3,23200Derivative, Class A CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-09-04D7823829,497CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-09-05A44000CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-09-05A4,40200CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-09-05D1,2293745,915CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-09-05A2,20200CommonForm 4 ↗
Leon TreflerChief of Clients and Markets2026-09-05D8673732,391CommonForm 4 ↗
Dividend-equivalent accruals2026-09-05—440——1 insider, 1 accrual row
Efstathios A. KouninisSVP, Chief Accounting Officer2026-09-05D108374,035CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-09-05D4,40200Derivative, Class A CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-09-05D1,7333764,745CommonForm 4 ↗
Leon TreflerChief of Clients and Markets2026-09-05D2,20200Derivative, Class A CommonForm 4 ↗
Leon TreflerChief of Clients and Markets2026-09-05A2,20200CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-09-05D2,20200Derivative, Class A CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-09-05D1,0653739,788CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-09-05A2,20200CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-09-05D2,20200Derivative, Class A CommonForm 4 ↗
Dividend-equivalent accruals2026-09-07—334——1 insider, 1 accrual row
Rifat Kerim AkgonulChief Product Officer2026-09-07D1,1033741,208CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-09-07D2,28000Derivative, Class A CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-09-07D1,2733747,559CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-09-07A5,22000CommonForm 4 ↗
Leon TreflerChief of Clients and Markets2026-09-07D2,65800Derivative, Class A CommonForm 4 ↗
Leon TreflerChief of Clients and Markets2026-09-07D1,0463739,079CommonForm 4 ↗
Leon TreflerChief of Clients and Markets2026-09-07A2,65800CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-09-07A33400CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-09-07D82373,064CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-09-07D5,22000Derivative, Class A CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-09-07D2,0553776,775CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-09-07A2,28000CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-09-07D2,28000Derivative, Class A CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-09-07A2,28000CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-09-11D39,627361,417,438CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-09-11D7,00036252,210CommonForm 4 ↗
Alan TreflerDirector2026-09-14D2,399,69000CommonForm 4 ↗
Alan TreflerDirector2026-09-14A5,399,30300CommonForm 4 ↗
Alan TreflerDirector2026-09-14D2,999,61300CommonForm 4 ↗
Dianne LedinghamDirector2026-09-15D1,0003838,000CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-09-16D9823736,678CommonForm 4 ↗
Dianne LedinghamDirector2026-10-01D1,0003434,150CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

View all 180 transactions
InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Kenneth StillwellCOO, CFO2026-05-05A25,920$17$439,344CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-05-05D25,92000Derivative, Class A CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-05-05D8,38336305,560CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-05-05D17,53736636,944CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-05-19D4,54533151,576CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-05-29D7503526,063CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-06-01D20400Derivative, Class A CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-06-01D50361,787CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-06-01A20400CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-06-01D7503727,743CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-06-01D2,35200Derivative, Class A CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-06-01D9263633,086CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-06-01A18400CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-06-01D103363,680CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-06-01D5743620,509CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-06-01A2,35200CommonForm 4 ↗
Leon TreflerChief of Clients and Markets2026-06-01A1,17600CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-06-01A1,02800CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-06-01D1,17600Derivative, Class A CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-06-01D5693620,330CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-06-01A1,17600CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-06-01D18400Derivative, Class A CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-06-01D18400Derivative, Class A CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-06-01D1,02800Derivative, Class A CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-06-01D103363,680CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-06-01A18400CommonForm 4 ↗
Leon TreflerChief of Clients and Markets2026-06-01D1,17600Derivative, Class A CommonForm 4 ↗
Leon TreflerChief of Clients and Markets2026-06-01D4633616,543CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-06-04D1,61600Derivative, Class A CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-06-04A1,61600CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-06-04D32400Derivative, Class A CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-06-04A32400CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-06-04D1,61600Derivative, Class A CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-06-04A1,61600CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-06-04D3,23000Derivative, Class A CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-06-04D1,2723544,660CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-06-04D79352,774CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-06-04D7823527,456CommonForm 4 ↗
Leon TreflerChief of Clients and Markets2026-06-04A1,61600CommonForm 4 ↗
Leon TreflerChief of Clients and Markets2026-06-04D1,61600Derivative, Class A CommonForm 4 ↗
Leon TreflerChief of Clients and Markets2026-06-04D6363522,330CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-06-04A3,23000CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-06-04D9023531,669CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-06-05D44000Derivative, Class A CommonForm 4 ↗
Leon TreflerChief of Clients and Markets2026-06-05A2,20000CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-06-05D1,2283543,520CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-06-05A2,20000CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-06-05D1,0643537,708CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-06-05D2,20000Derivative, Class A CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-06-05A2,20000CommonForm 4 ↗
Leon TreflerChief of Clients and Markets2026-06-05D2,20000Derivative, Class A CommonForm 4 ↗
Leon TreflerChief of Clients and Markets2026-06-05D8663530,691CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-06-05D4,40200Derivative, Class A CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-06-05D1,7333561,418CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-06-05A4,40200CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-06-05D108353,828CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-06-05A44000CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-06-05D2,20000Derivative, Class A CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-06-07D2,27800Derivative, Class A CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-06-07A2,27800CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-06-07D2,27800Derivative, Class A CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-06-07A2,27800CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-06-07D81352,812CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-06-07A33200CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-06-07D2,0553571,329CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-06-07A5,22200CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-06-07D1,1023538,250CommonForm 4 ↗
Leon TreflerChief of Clients and Markets2026-06-07D2,65800Derivative, Class A CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-06-07D33200Derivative, Class A CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-06-07D5,22200Derivative, Class A CommonForm 4 ↗
Leon TreflerChief of Clients and Markets2026-06-07D1,0463536,307CommonForm 4 ↗
Leon TreflerChief of Clients and Markets2026-06-07A2,65800CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-06-07D1,2723544,151CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-06-16D6503221,004CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-06-16D100323,232CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-08-07D8603227,778CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-08-10D8603328,466CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-08-10D18,29233602,356CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-08-10A25,92017439,344CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-08-10D25,92000Derivative, Class A CommonForm 4 ↗
Rohit GhaiDirector2026-08-15A3,86800CommonForm 4 ↗
Richard JonesDirector2026-08-15A7,94700Derivative, Class A CommonForm 4 ↗
Christopher LafondDirector2026-08-15A3,86800CommonForm 4 ↗
Dianne LedinghamDirector2026-08-15A7,94700Derivative, Class A CommonForm 4 ↗
Dianne LedinghamDirector2026-08-15A3,86800CommonForm 4 ↗
Sharon RowlandsDirector2026-08-15A3,86800CommonForm 4 ↗
Rohit GhaiDirector2026-08-15A7,94700Derivative, Class A CommonForm 4 ↗
Larry WeberDirector2026-08-15A3,86800CommonForm 4 ↗
Peter GyenesDirector2026-08-15A7,94700Derivative, Class A CommonForm 4 ↗
Peter GyenesDirector2026-08-15A3,86800CommonForm 4 ↗
Christopher LafondDirector2026-08-15A7,94700Derivative, Class A CommonForm 4 ↗
Sharon RowlandsDirector2026-08-15A7,94700Derivative, Class A CommonForm 4 ↗
Larry WeberDirector2026-08-15A7,94700Derivative, Class A CommonForm 4 ↗
Richard JonesDirector2026-08-15A3,86800CommonForm 4 ↗
Dianne LedinghamDirector2026-08-25D6,24200CommonForm 4 ↗
Dianne LedinghamDirector2026-08-25A6,24200CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-08-25D1,7003457,766CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-08-25D1,3003444,200CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-08-31D2,50000Derivative, Class A CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-08-31D1,4883754,312CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-08-31A2,5001742,375CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-08-31D1,0123736,938CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-09-01A2,35000CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-09-01D18600Derivative, Class A CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-09-01A1,03000CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-09-01D20600Derivative, Class A CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-09-01D51371,877CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-09-01A20600CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-09-01D1,17600Derivative, Class A CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-09-01D5693720,945CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-09-01D18600Derivative, Class A CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-09-01D1,03000Derivative, Class A CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-09-01D104373,828CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-09-01D104373,828CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-09-01A18600CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-09-01D5753721,166CommonForm 4 ↗
Leon TreflerChief of Clients and Markets2026-09-01D1,17600Derivative, Class A CommonForm 4 ↗
Leon TreflerChief of Clients and Markets2026-09-01A1,17600CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-09-01A1,17600CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-09-01A18600CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-09-01D2,35000Derivative, Class A CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-09-01D9253734,049CommonForm 4 ↗
Leon TreflerChief of Clients and Markets2026-09-01D4633717,043CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-09-03D1,0633941,191CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-09-03D1,4373955,684CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-09-03A2,5001742,375CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-09-03D2,50000Derivative, Class A CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-09-04A1,61600CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-09-04D79382,980CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-09-04A32200CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-09-04D1,2723847,980CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-09-04A3,23200CommonForm 4 ↗
Leon TreflerChief of Clients and Markets2026-09-04D6363823,990CommonForm 4 ↗
Leon TreflerChief of Clients and Markets2026-09-04A1,61600CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-09-04D1,61600Derivative, Class A CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-09-04D9023834,023CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-09-04A1,61600CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-09-04D32200Derivative, Class A CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-09-04D3,23200Derivative, Class A CommonForm 4 ↗
Leon TreflerChief of Clients and Markets2026-09-04D1,61600Derivative, Class A CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-09-04D7823829,497CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-09-04D1,61600Derivative, Class A CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-09-05A44000CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-09-05A4,40200CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-09-05D1,2293745,915CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-09-05A2,20200CommonForm 4 ↗
Leon TreflerChief of Clients and Markets2026-09-05D8673732,391CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-09-05D44000Derivative, Class A CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-09-05D108374,035CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-09-05D4,40200Derivative, Class A CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-09-05D1,7333764,745CommonForm 4 ↗
Leon TreflerChief of Clients and Markets2026-09-05D2,20200Derivative, Class A CommonForm 4 ↗
Leon TreflerChief of Clients and Markets2026-09-05A2,20200CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-09-05D2,20200Derivative, Class A CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-09-05D1,0653739,788CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-09-05A2,20200CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-09-05D2,20200Derivative, Class A CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-09-07D33400Derivative, Class A CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-09-07D1,1033741,208CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-09-07D2,28000Derivative, Class A CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-09-07D1,2733747,559CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-09-07A5,22000CommonForm 4 ↗
Leon TreflerChief of Clients and Markets2026-09-07D2,65800Derivative, Class A CommonForm 4 ↗
Leon TreflerChief of Clients and Markets2026-09-07D1,0463739,079CommonForm 4 ↗
Leon TreflerChief of Clients and Markets2026-09-07A2,65800CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-09-07A33400CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-09-07D82373,064CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-09-07D5,22000Derivative, Class A CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-09-07D2,0553776,775CommonForm 4 ↗
John Gerard HigginsChief, Client &Partner Success2026-09-07A2,28000CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-09-07D2,28000Derivative, Class A CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-09-07A2,28000CommonForm 4 ↗
Kenneth StillwellCOO, CFO2026-09-11D39,627361,417,438CommonForm 4 ↗
Rifat Kerim AkgonulChief Product Officer2026-09-11D7,00036252,210CommonForm 4 ↗
Alan TreflerDirector2026-09-14D2,399,69000CommonForm 4 ↗
Alan TreflerDirector2026-09-14A5,399,30300CommonForm 4 ↗
Alan TreflerDirector2026-09-14D2,999,61300CommonForm 4 ↗
Dianne LedinghamDirector2026-09-15D1,0003838,000CommonForm 4 ↗
Efstathios A. KouninisSVP, Chief Accounting Officer2026-09-16D9823736,678CommonForm 4 ↗
Dianne LedinghamDirector2026-10-01D1,0003434,150CommonForm 4 ↗
03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Rifat Kerim AkgonulOPTION2025-03-0432,14564,290—128,580$1,096,145
Leon TreflerRSU2025-03-04——25,848—1,000,059
John Gerard HigginsRSU2025-03-04——25,848—1,000,059
Kenneth StillwellRSU2025-03-04——6,668—258,418
Kenneth StillwellRSU2025-03-04——51,694—2,000,041
Leon TreflerOPTION2025-03-0432,14564,290—128,5801,096,145
Rifat Kerim AkgonulRSU2025-03-04——25,848—1,000,059
Rifat Kerim AkgonulRSU2025-03-04——5,320—206,177
John Gerard HigginsRSU2025-03-04——3,702—143,471
Rifat Kerim AkgonulOPTION2025-03-04——64,290—1,000,245
Leon TreflerOPTION2025-03-04——64,290—1,000,245
Kenneth StillwellOPTION2025-03-04——128,578—2,000,460
John Gerard HigginsOPTION2025-03-04——64,290—1,000,245
Alan TreflerOPTION2025-03-04——450,018—7,001,532
John Gerard HigginsOPTION2025-03-0432,14564,290—128,5801,096,145
Kenneth StillwellOPTION2025-03-0435,35970,718—141,4361,205,742
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Rifat Kerim Akgonul$1,206,236$0$2,096,3900.0%
Leon Trefler1,000,05902,096,3900.0%
John Gerard Higgins1,143,53002,096,3900.0%
Kenneth Stillwell2,258,45903,206,2020.0%
Alan Trefler007,001,5320.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
John Gerard HigginsRSU25,848—$1,543,643
TreflerRSU13,290—793,679
Kenneth StillwellRSU51,694—3,087,166
Rifat Kerim AkgonulRSU19,810—1,183,053
TreflerRSU5,876—350,915
John Gerard HigginsRSU5,142—307,080
John Gerard HigginsRSU922—55,062
Rifat Kerim AkgonulOption81,00031.05—
Kenneth StillwellRSU39,620—2,366,106
Kenneth StillwellRSU26,104—1,558,931
Kenneth StillwellOption108,00031.05—
Rifat Kerim AkgonulRSU25,848—1,543,643
TreflerRSU25,848—1,543,643
John Gerard HigginsRSU19,810—1,183,053
TreflerOption450,01838.82—
Rifat Kerim AkgonulOption49,33616.95—
TreflerRSU19,810—1,183,053
John Gerard HigginsOption16,15642.7—
TreflerOption64,29038.82—
Kenneth StillwellRSU11,754—701,949
Rifat Kerim AkgonulOption1,57865.23—
John Gerard HigginsOption63068.04—
Rifat Kerim AkgonulRSU11,392—680,330
Kenneth StillwellOption3,94265.23—
Rifat Kerim AkgonulOption18,46442.7—
John Gerard HigginsRSU11,392—680,330
Kenneth StillwellRSU6,668—398,213
Rifat Kerim AkgonulRSU5,876—350,915
Rifat Kerim AkgonulRSU5,320—317,710
John Gerard HigginsRSU3,702—221,083
TreflerRSU2,498—149,181
John Gerard HigginsRSU1,660—99,135
Kenneth StillwellRSU1,152—68,797
John Gerard HigginsRSU920—54,942
Kenneth StillwellOption103,68016.95—
Rifat Kerim AkgonulRSU462—27,591
TreflerRSU384—22,932
John Gerard HigginsRSU184—10,988
TreflerOption8,54265.23—
Rifat Kerim AkgonulOption39,62031.05—
TreflerOption120,01442.7—
TreflerOption282,66431.05—
Kenneth StillwellOption36,92842.7—
Kenneth StillwellOption79,24031.05—
Rifat Kerim AkgonulOption64,29038.82—
TreflerOption1,31465.23—
Kenneth StillwellOption128,57838.82—
John Gerard HigginsOption3,18068.04—
John Gerard HigginsOption2,88868.04—
John Gerard HigginsOption4,74668.04—
TreflerOption94,50031.05—
John Gerard HigginsOption52,38416.95—
John Gerard HigginsOption39,62031.05—
John Gerard HigginsOption94,50031.05—
John Gerard HigginsOption64,29038.82—
TreflerOption18,46442.7—
TreflerOption49,33616.95—
TreflerOption39,62031.05—
05

Incentive-plan design — the Compensation Discussion & Analysis

The objective of the executive compensation program is to align executive compensation with the achievement of strategic and financial goals, focusing on long-term indicators of underlying business success rather than ancillary indicators like stock price or EPS. The program is built upon external competitiveness, internal equity, recognition of performance against short and long-term goals, and the sharing of success, with total compensation targeted above the median of a peer group.

CEO STI target (% of salary)100%
CEO LTI target (% of salary)—
Independent consultant—
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingfalse
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-16148,608,2363,960,27555,86597.4%Passed
20252025-06-1773,515,7631,776,71948,27397.64%Passed
20242024-06-1863,680,8454,745,93426,61393.06%Passed
20232023-06-2058,474,41511,061,73186,17184.09%Passed
20222022-06-2167,800,9902,441,64462,70996.52%Passed
20212021-06-2268,168,3114,321,69132,16594.04%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-06-1697.4%a
20252025-06-1797.64%b
20242024-06-1893.06%c

a. Approved under the standard stated in the filing — “For Proposal 2 (Advisory Vote on Executive Compensation) and Proposal 3 (Ratification of Independent Registered Public Accounting Firm), abstentions and broker non-votes will have no effect on the outcome because approval requires a majority of the votes cast.”.

b. Approved under the standard stated in the filing — “Banks and brokers that do not receive instructions with respect to Proposals 1, 2, 3, and 4 will not be allowed to vote these shares, which will then be counted as "broker non-votes" instead of votes "for" or "against." Abstentions and broker non-votes will have no effect on the outcome of voting with respect to Proposal 2 (Advisory Vote on Executive Compensation), Proposal 3 (Approval of the Plan), and Proposal 5 (Ratification of the Independent Registered Public Accounting Firm), because these proposals will be approved if the votes cast at the Annual Meeting in favor of the proposal exceed the votes cast at the Annual Meeting opposing the proposal.”.

c. Approved under the standard stated in the filing — “Banks and brokers that do not receive instructions with respect to Proposals 1 and 2 will not be allowed to vote these shares, which will then be counted as "broker non-votes" instead of votes "for" or "against." Abstentions and broker non-votes will have no effect on the outcome of voting with respect to Proposal 2 (Advisory Vote on Executive Compensation) and Proposal 3 (Ratification of the Independent Registered Public Accounting Firm), because these proposals will be approved if the votes cast at the Annual Meeting in favor of the proposal exceed the votes cast at the Annual Meeting opposing the proposal.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)73 : 1
CEO total compensation$8,332,032
Median employee compensation$113,833
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Rohit GhaiIndependent · Audit · Nominating and Corporate Governance · Newly elected$98,459$177,490$177,439——$453,388
Larry WeberIndependent · Audit · Compensation · Nominating and Corporate Governance (Chair)95,000125,015125,015——345,030
Christopher LafondIndependent · Nominating and Corporate Governance · Risk (Chair)84,500125,015125,015——334,530
Sharon RowlandsIndependent · Compensation (Chair) · Nominating and Corporate Governance70,000125,015125,015——320,030
Peter GyenesIndependent · Audit · Nominating and Corporate Governance65,000125,015125,015——315,030
Richard JonesIndependent · Compensation · Nominating and Corporate Governance60,000125,015125,015——310,030
Dianne LedinghamIndependent · Compensation · Nominating and Corporate Governance60,000125,015125,015——310,030
Alan TreflerEmployee director · Board Chair—————0
09

Board fee structure and ownership guideline

Annual cash retainer$50,000
Annual equity retainer$250,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)12,000 / 10,000 / 12,500
Stock ownership guidelinetors and officers has satisfied the applicable minimum share ownership level, except for those who are within their first 5 years of service.
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$532,959
Equity awards (grant-date value)$927,580
All other compensation$0
Total cost of the board$1,460,539

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies PEGASYSTEMS INC names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including PEGASYSTEMS INC.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1MongoDB, Inc.2026Chirantan Desai$114,583$52,601,945$0$114,133$52,830,661
2Okta, Inc.2026Todd McKinnon595,23335,684,2660561,71936,843,718
3Fair Isaac Corporation2025William Lansing750,00034,091,86001,100,00036,045,267
4PTC Inc.2025Neil Barua800,00021,720,45601,620,00024,315,129
5Twilio, Inc.2025Khozema Shipchandler1,100,00021,398,53901,507,00024,291,917
6Dynatrace, Inc.2026Rick McConnell695,00019,790,7640713,76521,234,453
7Guidewire Software, Inc.2025Mike Rosenbaum750,00012,280,2030975,00014,012,061
8PEGASYSTEMS INC2025Alan Trefler600,00007,001,532720,0008,332,032
9Veeva Systems Inc.2026Peter Gassner470,833000470,833
10Atlassian Corporation2026Michael Cannon-Brookes50,78600057,337

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
PEGASYSTEMS INC120%not disclosedNonot disclosed
Atlassian Corporation100%RSU 100not disclosedCompensia
Dynatrace, Inc.102.7%PSU 50 · RSU 50Yes — rTSR (relative Total Shareholder Return)Compensia, Inc.
Fair Isaac Corporation147%PSU 33 · RSU 33 · Other 33NoCompensia, Inc.
Guidewire Software, Inc.130%RSU 50 · PRSU 50NoSemler Brossy
MongoDB, Inc.146.34%not disclosedNoSemler Brossy Consulting Group, LLC
Okta, Inc.98.7%PSU 60 · RSU 40Yes — TSR relative to the TSR of the IndexCompensia
PTC Inc.135%PSU 60 · RSU 40Yes — Three Year Relative TSRPearl Meyer & Partners, LLC
Twilio, Inc.137.0%PSU 60 · RSU 40YesCompensia
Veeva Systems Inc.not disclosedOptions 100not disclosedCompensia

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

10d

Frequently asked questions

Who was the highest-paid executive at PEGASYSTEMS INC in fiscal 2025?
As disclosed, Alan Trefler (Chairman and Chief Executive Officer) was the highest-paid executive at PEGASYSTEMS INC in fiscal 2025, with total compensation of $8,332,032.
How does PEGASYSTEMS INC's chief executive pay compare to its disclosed peer group?
As disclosed, Alan Trefler's total compensation ranked at the 22nd percentile of PEGASYSTEMS INC's disclosed peer group.
What is PEGASYSTEMS INC's CEO-to-median employee pay ratio?
As disclosed, PEGASYSTEMS INC's CEO-to-median employee pay ratio was 73:1.
How did shareholders vote on PEGASYSTEMS INC's executive compensation?
As disclosed, 97.4% of shareholders supported PEGASYSTEMS INC's executive compensation in the latest say-on-pay vote.
How much does PEGASYSTEMS INC spend in total on board compensation for fiscal 2025?
As disclosed, PEGASYSTEMS INC reported total board compensation of $1,460,539 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Alan TreflerDEF 14A2026-04-240001013857-26-000031Section “Summary Compensation Table” · page 21. As printed: 8,332,032. Filing ↗machine: span 334047–334056
2Section 01, Kenneth StillwellDEF 14A2026-04-240001013857-26-000031Section “Summary Compensation Table” · page 21. As printed: 6,355,504. Filing ↗machine: span 348073–348082
3Section 01, Leon TreflerDEF 14A2026-04-240001013857-26-000031Section “Summary Compensation Table” · page 21. As printed: 4,298,045. Filing ↗
4Section 01, John Gerard HigginsDEF 14A2026-04-240001013857-26-000031Section “Summary Compensation Table” · page 21. As printed: 4,236,791. Filing ↗machine: span 377268–377277
5Section 01, Rifat Kerim AkgonulDEF 14A2026-04-240001013857-26-000031Section “Summary Compensation Table” · page 21. As printed: 4,039,148. Filing ↗machine: span 361711–361720
6Section 03, Rifat Kerim Akgonul OPTIONDEF 14A2026-04-240001013857-26-000031Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
7Section 03, Leon Trefler RSUDEF 14A2026-04-240001013857-26-000031Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 471091–471100
8Section 03, John Gerard Higgins RSUDEF 14A2026-04-240001013857-26-000031Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 458996–459005
9Section 03, Kenneth Stillwell RSUDEF 14A2026-04-240001013857-26-000031Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 427782–427789
10Section 03, Kenneth Stillwell RSUDEF 14A2026-04-240001013857-26-000031Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 429612–429621
11Section 03, Leon Trefler OPTIONDEF 14A2026-04-240001013857-26-000031Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
12Section 03, Rifat Kerim Akgonul RSUDEF 14A2026-04-240001013857-26-000031Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 443504–443513
13Section 03, Rifat Kerim Akgonul RSUDEF 14A2026-04-240001013857-26-000031Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 441024–441031
14Section 03, John Gerard Higgins RSUDEF 14A2026-04-240001013857-26-000031Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 456516–456523
15Section 03, Rifat Kerim Akgonul OPTIONDEF 14A2026-04-240001013857-26-000031Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 446457–446466
16Section 03, Leon Trefler OPTIONDEF 14A2026-04-240001013857-26-000031Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 474044–474053
17Section 03, Kenneth Stillwell OPTIONDEF 14A2026-04-240001013857-26-000031Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 431841–431850
18Section 03, John Gerard Higgins OPTIONDEF 14A2026-04-240001013857-26-000031Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 461949–461958
19Section 03, Alan Trefler OPTIONDEF 14A2026-04-240001013857-26-000031Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t14 · r5 · c19 · span 421541–421548
20Section 03, John Gerard Higgins OPTIONDEF 14A2026-04-240001013857-26-000031Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
21Section 03, Kenneth Stillwell OPTIONDEF 14A2026-04-240001013857-26-000031Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
22Section 07, pay ratioDEF 14A2026-04-240001013857-26-000031Section “CEO Pay Ratio”. As printed: 73 : 1. Filing ↗
23Section 08, Rohit GhaiDEF 14A2026-04-240001013857-26-000031Section “Director Compensation”. As printed: 453,388. Filing ↗machine: span 169476–169607
24Section 08, Larry WeberDEF 14A2026-04-240001013857-26-000031Section “Director Compensation”. As printed: 345,030. Filing ↗machine: span 185204–185335
25Section 08, Christopher LafondDEF 14A2026-04-240001013857-26-000031Section “Director Compensation”. As printed: 334,530. Filing ↗machine: span 177341–177472
26Section 08, Sharon RowlandsDEF 14A2026-04-240001013857-26-000031Section “Director Compensation”. As printed: 320,030. Filing ↗machine: span 182586–182717
27Section 08, Peter GyenesDEF 14A2026-04-240001013857-26-000031Section “Director Compensation”. As printed: 315,030. Filing ↗machine: span 172096–172227
28Section 08, Richard JonesDEF 14A2026-04-240001013857-26-000031Section “Director Compensation”. As printed: 310,030. Filing ↗machine: span 174716–174847
29Section 08, Dianne LedinghamDEF 14A2026-04-240001013857-26-000031Section “Director Compensation”. As printed: 310,030. Filing ↗machine: span 179964–180095
30Section 08, Alan TreflerDEF 14A2026-04-240001013857-26-000031Section “Director Compensation”. As printed: 0. Filing ↗
31Section 02, Kenneth Stillwell 2026-05-05Form 42026-05-060001680115-26-000022Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Kenneth Stillwell 2026-05-05Form 42026-05-060001680115-26-000022Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Kenneth Stillwell 2026-05-05Form 42026-05-060001680115-26-000022Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Kenneth Stillwell 2026-05-05Form 42026-05-060001680115-26-000022Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Rifat Kerim Akgonul 2026-05-19Form 42026-05-200001855325-26-000018Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Efstathios A. Kouninis 2026-05-29Form 42026-06-020001353196-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Efstathios A. Kouninis 2026-06-01Form 42026-06-020001353196-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Efstathios A. Kouninis 2026-06-01Form 42026-06-020001353196-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Efstathios A. Kouninis 2026-06-01Form 42026-06-020001353196-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Efstathios A. Kouninis 2026-06-01Form 42026-06-020001353196-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Kenneth Stillwell 2026-06-01Form 42026-06-020001680115-26-000024Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Kenneth Stillwell 2026-06-01Form 42026-06-020001680115-26-000024Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, John Gerard Higgins 2026-06-01Form 42026-06-020001915414-26-000012Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, John Gerard Higgins 2026-06-01Form 42026-06-020001915414-26-000012Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, John Gerard Higgins 2026-06-01Form 42026-06-020001915414-26-000012Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Kenneth Stillwell 2026-06-01Form 42026-06-020001680115-26-000024Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Leon Trefler 2026-06-01Form 42026-06-020001480560-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, John Gerard Higgins 2026-06-01Form 42026-06-020001915414-26-000012Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, Rifat Kerim Akgonul 2026-06-01Form 42026-06-020001855325-26-000020Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, Rifat Kerim Akgonul 2026-06-01Form 42026-06-020001855325-26-000020Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, Rifat Kerim Akgonul 2026-06-01Form 42026-06-020001855325-26-000020Insider equity transaction reported since the proxy statement. Filing ↗
52Section 02, John Gerard Higgins 2026-06-01Form 42026-06-020001915414-26-000012Insider equity transaction reported since the proxy statement. Filing ↗
53Section 02, John Gerard Higgins 2026-06-01Form 42026-06-020001915414-26-000012Insider equity transaction reported since the proxy statement. Filing ↗
54Section 02, John Gerard Higgins 2026-06-01Form 42026-06-020001915414-26-000012Insider equity transaction reported since the proxy statement. Filing ↗
55Section 02, John Gerard Higgins 2026-06-01Form 42026-06-020001915414-26-000012Insider equity transaction reported since the proxy statement. Filing ↗
56Section 02, John Gerard Higgins 2026-06-01Form 42026-06-020001915414-26-000012Insider equity transaction reported since the proxy statement. Filing ↗
57Section 02, Leon Trefler 2026-06-01Form 42026-06-020001480560-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
58Section 02, Leon Trefler 2026-06-01Form 42026-06-020001480560-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
59Section 02, Rifat Kerim Akgonul 2026-06-04Form 42026-06-080001855325-26-000022Insider equity transaction reported since the proxy statement. Filing ↗
60Section 02, Rifat Kerim Akgonul 2026-06-04Form 42026-06-080001855325-26-000022Insider equity transaction reported since the proxy statement. Filing ↗
61Section 02, Efstathios A. Kouninis 2026-06-04Form 42026-06-080001353196-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
62Section 02, Efstathios A. Kouninis 2026-06-04Form 42026-06-080001353196-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
63Section 02, John Gerard Higgins 2026-06-04Form 42026-06-080001915414-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
64Section 02, John Gerard Higgins 2026-06-04Form 42026-06-080001915414-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
65Section 02, Kenneth Stillwell 2026-06-04Form 42026-06-080001680115-26-000026Insider equity transaction reported since the proxy statement. Filing ↗
66Section 02, Kenneth Stillwell 2026-06-04Form 42026-06-080001680115-26-000026Insider equity transaction reported since the proxy statement. Filing ↗
67Section 02, Efstathios A. Kouninis 2026-06-04Form 42026-06-080001353196-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
68Section 02, Rifat Kerim Akgonul 2026-06-04Form 42026-06-080001855325-26-000022Insider equity transaction reported since the proxy statement. Filing ↗
69Section 02, Leon Trefler 2026-06-04Form 42026-06-080001480560-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
70Section 02, Leon Trefler 2026-06-04Form 42026-06-080001480560-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
71Section 02, Leon Trefler 2026-06-04Form 42026-06-080001480560-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
72Section 02, Kenneth Stillwell 2026-06-04Form 42026-06-080001680115-26-000026Insider equity transaction reported since the proxy statement. Filing ↗
73Section 02, John Gerard Higgins 2026-06-04Form 42026-06-080001915414-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
74Section 02, Efstathios A. Kouninis 2026-06-05Form 42026-06-080001353196-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
75Section 02, Leon Trefler 2026-06-05Form 42026-06-080001480560-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
76Section 02, John Gerard Higgins 2026-06-05Form 42026-06-080001915414-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
77Section 02, John Gerard Higgins 2026-06-05Form 42026-06-080001915414-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
78Section 02, Rifat Kerim Akgonul 2026-06-05Form 42026-06-080001855325-26-000022Insider equity transaction reported since the proxy statement. Filing ↗
79Section 02, Rifat Kerim Akgonul 2026-06-05Form 42026-06-080001855325-26-000022Insider equity transaction reported since the proxy statement. Filing ↗
80Section 02, Rifat Kerim Akgonul 2026-06-05Form 42026-06-080001855325-26-000022Insider equity transaction reported since the proxy statement. Filing ↗
81Section 02, Leon Trefler 2026-06-05Form 42026-06-080001480560-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
82Section 02, Leon Trefler 2026-06-05Form 42026-06-080001480560-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
83Section 02, Kenneth Stillwell 2026-06-05Form 42026-06-080001680115-26-000026Insider equity transaction reported since the proxy statement. Filing ↗
84Section 02, Kenneth Stillwell 2026-06-05Form 42026-06-080001680115-26-000026Insider equity transaction reported since the proxy statement. Filing ↗
85Section 02, Kenneth Stillwell 2026-06-05Form 42026-06-080001680115-26-000026Insider equity transaction reported since the proxy statement. Filing ↗
86Section 02, Efstathios A. Kouninis 2026-06-05Form 42026-06-080001353196-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
87Section 02, Efstathios A. Kouninis 2026-06-05Form 42026-06-080001353196-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
88Section 02, John Gerard Higgins 2026-06-05Form 42026-06-080001915414-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
89Section 02, Rifat Kerim Akgonul 2026-06-07Form 42026-06-090001855325-26-000024Insider equity transaction reported since the proxy statement. Filing ↗
90Section 02, Rifat Kerim Akgonul 2026-06-07Form 42026-06-090001855325-26-000024Insider equity transaction reported since the proxy statement. Filing ↗
91Section 02, John Gerard Higgins 2026-06-07Form 42026-06-090001915414-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
92Section 02, John Gerard Higgins 2026-06-07Form 42026-06-090001915414-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
93Section 02, Efstathios A. Kouninis 2026-06-07Form 42026-06-090001353196-26-000018Insider equity transaction reported since the proxy statement. Filing ↗
94Section 02, Efstathios A. Kouninis 2026-06-07Form 42026-06-090001353196-26-000018Insider equity transaction reported since the proxy statement. Filing ↗
95Section 02, Kenneth Stillwell 2026-06-07Form 42026-06-090001680115-26-000028Insider equity transaction reported since the proxy statement. Filing ↗
96Section 02, Kenneth Stillwell 2026-06-07Form 42026-06-090001680115-26-000028Insider equity transaction reported since the proxy statement. Filing ↗
97Section 02, Rifat Kerim Akgonul 2026-06-07Form 42026-06-090001855325-26-000024Insider equity transaction reported since the proxy statement. Filing ↗
98Section 02, Leon Trefler 2026-06-07Form 42026-06-090001480560-26-000018Insider equity transaction reported since the proxy statement. Filing ↗
99Section 02, Efstathios A. Kouninis 2026-06-07Form 42026-06-090001353196-26-000018Insider equity transaction reported since the proxy statement. Filing ↗
100Section 02, Kenneth Stillwell 2026-06-07Form 42026-06-090001680115-26-000028Insider equity transaction reported since the proxy statement. Filing ↗
101Section 02, Leon Trefler 2026-06-07Form 42026-06-090001480560-26-000018Insider equity transaction reported since the proxy statement. Filing ↗
102Section 02, Leon Trefler 2026-06-07Form 42026-06-090001480560-26-000018Insider equity transaction reported since the proxy statement. Filing ↗
103Section 02, John Gerard Higgins 2026-06-07Form 42026-06-090001915414-26-000016Insider equity transaction reported since the proxy statement. Filing ↗
104Section 02, Efstathios A. Kouninis 2026-06-16Form 42026-06-180001353196-26-000020Insider equity transaction reported since the proxy statement. Filing ↗
105Section 02, Efstathios A. Kouninis 2026-06-16Form 42026-06-180001353196-26-000020Insider equity transaction reported since the proxy statement. Filing ↗
106Section 02, Efstathios A. Kouninis 2026-08-07Form 42026-08-110001353196-26-000022Insider equity transaction reported since the proxy statement. Filing ↗
107Section 02, Efstathios A. Kouninis 2026-08-10Form 42026-08-110001353196-26-000022Insider equity transaction reported since the proxy statement. Filing ↗
108Section 02, Kenneth Stillwell 2026-08-10Form 42026-08-110001680115-26-000030Insider equity transaction reported since the proxy statement. Filing ↗
109Section 02, Kenneth Stillwell 2026-08-10Form 42026-08-110001680115-26-000030Insider equity transaction reported since the proxy statement. Filing ↗
110Section 02, Kenneth Stillwell 2026-08-10Form 42026-08-110001680115-26-000030Insider equity transaction reported since the proxy statement. Filing ↗
111Section 02, Rohit Ghai 2026-08-15Form 42026-08-180001960794-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
112Section 02, Richard Jones 2026-08-15Form 42026-08-180001222574-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
113Section 02, Christopher Lafond 2026-08-15Form 42026-08-180001265668-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
114Section 02, Dianne Ledingham 2026-08-15Form 42026-08-180001684701-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
115Section 02, Dianne Ledingham 2026-08-15Form 42026-08-180001684701-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
116Section 02, Sharon Rowlands 2026-08-15Form 42026-08-180001431927-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
117Section 02, Rohit Ghai 2026-08-15Form 42026-08-180001960794-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
118Section 02, Larry Weber 2026-08-15Form 42026-08-180001330532-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
119Section 02, Peter Gyenes 2026-08-15Form 42026-08-180001184792-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
120Section 02, Peter Gyenes 2026-08-15Form 42026-08-180001184792-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
121Section 02, Christopher Lafond 2026-08-15Form 42026-08-180001265668-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
122Section 02, Sharon Rowlands 2026-08-15Form 42026-08-180001431927-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
123Section 02, Larry Weber 2026-08-15Form 42026-08-180001330532-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
124Section 02, Richard Jones 2026-08-15Form 42026-08-180001222574-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
125Section 02, Dianne Ledingham 2026-08-25Form 42026-08-260001684701-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
126Section 02, Dianne Ledingham 2026-08-25Form 42026-08-260001684701-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
127Section 02, Rifat Kerim Akgonul 2026-08-25Form 42026-08-260001855325-26-000026Insider equity transaction reported since the proxy statement. Filing ↗
128Section 02, Rifat Kerim Akgonul 2026-08-25Form 42026-08-260001855325-26-000026Insider equity transaction reported since the proxy statement. Filing ↗
129Section 02, Efstathios A. Kouninis 2026-08-31Form 42026-09-020001353196-26-000024Insider equity transaction reported since the proxy statement. Filing ↗
130Section 02, Efstathios A. Kouninis 2026-08-31Form 42026-09-020001353196-26-000024Insider equity transaction reported since the proxy statement. Filing ↗
131Section 02, Efstathios A. Kouninis 2026-08-31Form 42026-09-020001353196-26-000024Insider equity transaction reported since the proxy statement. Filing ↗
132Section 02, Efstathios A. Kouninis 2026-08-31Form 42026-09-020001353196-26-000024Insider equity transaction reported since the proxy statement. Filing ↗
133Section 02, Kenneth Stillwell 2026-09-01Form 42026-09-020001680115-26-000032Insider equity transaction reported since the proxy statement. Filing ↗
134Section 02, John Gerard Higgins 2026-09-01Form 42026-09-020001915414-26-000018Insider equity transaction reported since the proxy statement. Filing ↗
135Section 02, John Gerard Higgins 2026-09-01Form 42026-09-020001915414-26-000018Insider equity transaction reported since the proxy statement. Filing ↗
136Section 02, Efstathios A. Kouninis 2026-09-01Form 42026-09-020001353196-26-000024Insider equity transaction reported since the proxy statement. Filing ↗
137Section 02, Efstathios A. Kouninis 2026-09-01Form 42026-09-020001353196-26-000024Insider equity transaction reported since the proxy statement. Filing ↗
138Section 02, Efstathios A. Kouninis 2026-09-01Form 42026-09-020001353196-26-000024Insider equity transaction reported since the proxy statement. Filing ↗
139Section 02, Rifat Kerim Akgonul 2026-09-01Form 42026-09-020001855325-26-000028Insider equity transaction reported since the proxy statement. Filing ↗
140Section 02, Rifat Kerim Akgonul 2026-09-01Form 42026-09-020001855325-26-000028Insider equity transaction reported since the proxy statement. Filing ↗
141Section 02, John Gerard Higgins 2026-09-01Form 42026-09-020001915414-26-000018Insider equity transaction reported since the proxy statement. Filing ↗
142Section 02, John Gerard Higgins 2026-09-01Form 42026-09-020001915414-26-000018Insider equity transaction reported since the proxy statement. Filing ↗
143Section 02, John Gerard Higgins 2026-09-01Form 42026-09-020001915414-26-000018Insider equity transaction reported since the proxy statement. Filing ↗
144Section 02, John Gerard Higgins 2026-09-01Form 42026-09-020001915414-26-000018Insider equity transaction reported since the proxy statement. Filing ↗
145Section 02, John Gerard Higgins 2026-09-01Form 42026-09-020001915414-26-000018Insider equity transaction reported since the proxy statement. Filing ↗
146Section 02, John Gerard Higgins 2026-09-01Form 42026-09-020001915414-26-000018Insider equity transaction reported since the proxy statement. Filing ↗
147Section 02, Leon Trefler 2026-09-01Form 42026-09-020001480560-26-000020Insider equity transaction reported since the proxy statement. Filing ↗
148Section 02, Leon Trefler 2026-09-01Form 42026-09-020001480560-26-000020Insider equity transaction reported since the proxy statement. Filing ↗
149Section 02, Rifat Kerim Akgonul 2026-09-01Form 42026-09-020001855325-26-000028Insider equity transaction reported since the proxy statement. Filing ↗
150Section 02, John Gerard Higgins 2026-09-01Form 42026-09-020001915414-26-000018Insider equity transaction reported since the proxy statement. Filing ↗
151Section 02, Kenneth Stillwell 2026-09-01Form 42026-09-020001680115-26-000032Insider equity transaction reported since the proxy statement. Filing ↗
152Section 02, Kenneth Stillwell 2026-09-01Form 42026-09-020001680115-26-000032Insider equity transaction reported since the proxy statement. Filing ↗
153Section 02, Leon Trefler 2026-09-01Form 42026-09-020001480560-26-000020Insider equity transaction reported since the proxy statement. Filing ↗
154Section 02, Efstathios A. Kouninis 2026-09-03Form 42026-09-030001353196-26-000026Insider equity transaction reported since the proxy statement. Filing ↗
155Section 02, Efstathios A. Kouninis 2026-09-03Form 42026-09-030001353196-26-000026Insider equity transaction reported since the proxy statement. Filing ↗
156Section 02, Efstathios A. Kouninis 2026-09-03Form 42026-09-030001353196-26-000026Insider equity transaction reported since the proxy statement. Filing ↗
157Section 02, Efstathios A. Kouninis 2026-09-03Form 42026-09-030001353196-26-000026Insider equity transaction reported since the proxy statement. Filing ↗
158Section 02, Rifat Kerim Akgonul 2026-09-04Form 42026-09-090001855325-26-000030Insider equity transaction reported since the proxy statement. Filing ↗
159Section 02, Efstathios A. Kouninis 2026-09-04Form 42026-09-090001353196-26-000028Insider equity transaction reported since the proxy statement. Filing ↗
160Section 02, Efstathios A. Kouninis 2026-09-04Form 42026-09-090001353196-26-000028Insider equity transaction reported since the proxy statement. Filing ↗
161Section 02, Kenneth Stillwell 2026-09-04Form 42026-09-090001680115-26-000034Insider equity transaction reported since the proxy statement. Filing ↗
162Section 02, Kenneth Stillwell 2026-09-04Form 42026-09-090001680115-26-000034Insider equity transaction reported since the proxy statement. Filing ↗
163Section 02, Leon Trefler 2026-09-04Form 42026-09-090001480560-26-000022Insider equity transaction reported since the proxy statement. Filing ↗
164Section 02, Leon Trefler 2026-09-04Form 42026-09-090001480560-26-000022Insider equity transaction reported since the proxy statement. Filing ↗
165Section 02, John Gerard Higgins 2026-09-04Form 42026-09-090001915414-26-000020Insider equity transaction reported since the proxy statement. Filing ↗
166Section 02, John Gerard Higgins 2026-09-04Form 42026-09-090001915414-26-000020Insider equity transaction reported since the proxy statement. Filing ↗
167Section 02, John Gerard Higgins 2026-09-04Form 42026-09-090001915414-26-000020Insider equity transaction reported since the proxy statement. Filing ↗
168Section 02, Efstathios A. Kouninis 2026-09-04Form 42026-09-090001353196-26-000028Insider equity transaction reported since the proxy statement. Filing ↗
169Section 02, Kenneth Stillwell 2026-09-04Form 42026-09-090001680115-26-000034Insider equity transaction reported since the proxy statement. Filing ↗
170Section 02, Leon Trefler 2026-09-04Form 42026-09-090001480560-26-000022Insider equity transaction reported since the proxy statement. Filing ↗
171Section 02, Rifat Kerim Akgonul 2026-09-04Form 42026-09-090001855325-26-000030Insider equity transaction reported since the proxy statement. Filing ↗
172Section 02, Rifat Kerim Akgonul 2026-09-04Form 42026-09-090001855325-26-000030Insider equity transaction reported since the proxy statement. Filing ↗
173Section 02, Efstathios A. Kouninis 2026-09-05Form 42026-09-090001353196-26-000028Insider equity transaction reported since the proxy statement. Filing ↗
174Section 02, Kenneth Stillwell 2026-09-05Form 42026-09-090001680115-26-000034Insider equity transaction reported since the proxy statement. Filing ↗
175Section 02, John Gerard Higgins 2026-09-05Form 42026-09-090001915414-26-000020Insider equity transaction reported since the proxy statement. Filing ↗
176Section 02, John Gerard Higgins 2026-09-05Form 42026-09-090001915414-26-000020Insider equity transaction reported since the proxy statement. Filing ↗
177Section 02, Leon Trefler 2026-09-05Form 42026-09-090001480560-26-000022Insider equity transaction reported since the proxy statement. Filing ↗
178Section 02, Efstathios A. Kouninis 2026-09-05Form 42026-09-090001353196-26-000028Insider equity transaction reported since the proxy statement. Filing ↗
179Section 02, Efstathios A. Kouninis 2026-09-05Form 42026-09-090001353196-26-000028Insider equity transaction reported since the proxy statement. Filing ↗
180Section 02, Kenneth Stillwell 2026-09-05Form 42026-09-090001680115-26-000034Insider equity transaction reported since the proxy statement. Filing ↗
181Section 02, Kenneth Stillwell 2026-09-05Form 42026-09-090001680115-26-000034Insider equity transaction reported since the proxy statement. Filing ↗
182Section 02, Leon Trefler 2026-09-05Form 42026-09-090001480560-26-000022Insider equity transaction reported since the proxy statement. Filing ↗
183Section 02, Leon Trefler 2026-09-05Form 42026-09-090001480560-26-000022Insider equity transaction reported since the proxy statement. Filing ↗
184Section 02, Rifat Kerim Akgonul 2026-09-05Form 42026-09-090001855325-26-000030Insider equity transaction reported since the proxy statement. Filing ↗
185Section 02, Rifat Kerim Akgonul 2026-09-05Form 42026-09-090001855325-26-000030Insider equity transaction reported since the proxy statement. Filing ↗
186Section 02, Rifat Kerim Akgonul 2026-09-05Form 42026-09-090001855325-26-000030Insider equity transaction reported since the proxy statement. Filing ↗
187Section 02, John Gerard Higgins 2026-09-05Form 42026-09-090001915414-26-000020Insider equity transaction reported since the proxy statement. Filing ↗
188Section 02, Efstathios A. Kouninis 2026-09-07Form 42026-09-090001353196-26-000028Insider equity transaction reported since the proxy statement. Filing ↗
189Section 02, Rifat Kerim Akgonul 2026-09-07Form 42026-09-090001855325-26-000030Insider equity transaction reported since the proxy statement. Filing ↗
190Section 02, John Gerard Higgins 2026-09-07Form 42026-09-090001915414-26-000020Insider equity transaction reported since the proxy statement. Filing ↗
191Section 02, John Gerard Higgins 2026-09-07Form 42026-09-090001915414-26-000020Insider equity transaction reported since the proxy statement. Filing ↗
192Section 02, Kenneth Stillwell 2026-09-07Form 42026-09-090001680115-26-000034Insider equity transaction reported since the proxy statement. Filing ↗
193Section 02, Leon Trefler 2026-09-07Form 42026-09-090001480560-26-000022Insider equity transaction reported since the proxy statement. Filing ↗
194Section 02, Leon Trefler 2026-09-07Form 42026-09-090001480560-26-000022Insider equity transaction reported since the proxy statement. Filing ↗
195Section 02, Leon Trefler 2026-09-07Form 42026-09-090001480560-26-000022Insider equity transaction reported since the proxy statement. Filing ↗
196Section 02, Efstathios A. Kouninis 2026-09-07Form 42026-09-090001353196-26-000028Insider equity transaction reported since the proxy statement. Filing ↗
197Section 02, Efstathios A. Kouninis 2026-09-07Form 42026-09-090001353196-26-000028Insider equity transaction reported since the proxy statement. Filing ↗
198Section 02, Kenneth Stillwell 2026-09-07Form 42026-09-090001680115-26-000034Insider equity transaction reported since the proxy statement. Filing ↗
199Section 02, Kenneth Stillwell 2026-09-07Form 42026-09-090001680115-26-000034Insider equity transaction reported since the proxy statement. Filing ↗
200Section 02, John Gerard Higgins 2026-09-07Form 42026-09-090001915414-26-000020Insider equity transaction reported since the proxy statement. Filing ↗
201Section 02, Rifat Kerim Akgonul 2026-09-07Form 42026-09-090001855325-26-000030Insider equity transaction reported since the proxy statement. Filing ↗
202Section 02, Rifat Kerim Akgonul 2026-09-07Form 42026-09-090001855325-26-000030Insider equity transaction reported since the proxy statement. Filing ↗
203Section 02, Kenneth Stillwell 2026-09-11Form 42026-09-150001680115-26-000036Insider equity transaction reported since the proxy statement. Filing ↗
204Section 02, Rifat Kerim Akgonul 2026-09-11Form 42026-09-150001855325-26-000032Insider equity transaction reported since the proxy statement. Filing ↗
205Section 02, Alan Trefler 2026-09-14Form 42026-09-160001032235-26-000012Insider equity transaction reported since the proxy statement. Filing ↗
206Section 02, Alan Trefler 2026-09-14Form 42026-09-160001032235-26-000012Insider equity transaction reported since the proxy statement. Filing ↗
207Section 02, Alan Trefler 2026-09-14Form 42026-09-160001032235-26-000012Insider equity transaction reported since the proxy statement. Filing ↗
208Section 02, Dianne Ledingham 2026-09-15Form 42026-09-170001684701-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
209Section 02, Efstathios A. Kouninis 2026-09-16Form 42026-09-170001353196-26-000030Insider equity transaction reported since the proxy statement. Filing ↗
210Section 02, Dianne Ledingham 2026-10-01Form 42026-10-050001684701-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
211Section 06, 2026 voteForm 8-K2026-06-180001013857-26-000042Item 5.07 · say-on-pay result. As reported: 97.4% (votes for as printed: 148,608,236). Filing ↗
212Section 06, 2025 voteForm 8-K2025-06-180001013857-25-000185Item 5.07 · say-on-pay result. As reported: 97.64% (votes for as printed: 73,515,763). Filing ↗
213Section 06, 2024 voteForm 8-K2024-06-240001013857-24-000139Item 5.07 · say-on-pay result. As reported: 93.06% (votes for as printed: 63,680,845). Filing ↗
214Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
215Section 03b vehicle mix (computed)Computed——RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
216Section 09b board cost (computed)Computed——Cash 532,959 + equity 927,580 + all other 0 = 1,460,539, summed across the director compensation table rows.machine: formula: Σ = 1,460,539
217MongoDB, Inc., Section 10b CEO totalDEF 14A2026-05-190001628280-26-036415CEO total compensation as printed in MongoDB, Inc.'s own proxy. As printed: 52,830,661. Filing ↗machine: r2 · c18 · span 718049–718059
218Okta, Inc., Section 10b CEO totalDEF 14A2026-05-070001660134-26-000036CEO total compensation as printed in Okta, Inc.'s own proxy. As printed: 36,843,718. Filing ↗machine: r2 · c18 · span 710081–710091
219Fair Isaac Corporation, Section 10b CEO totalDEF 14A2026-01-270001193125-26-024403CEO total compensation as printed in Fair Isaac Corporation's own proxy. As printed: 36,045,267. Filing ↗machine: r3 · c35 · span 1413656–1413666
220PTC Inc., Section 10b CEO totalDEF 14A2025-12-230001104659-25-124170CEO total compensation as printed in PTC Inc.'s own proxy. As printed: 24,315,129. Filing ↗machine: span 1634675–1634685
221Twilio, Inc., Section 10b CEO totalDEF 14A2026-04-280001140361-26-017444CEO total compensation as printed in Twilio, Inc.'s own proxy. As printed: 24,291,917. Filing ↗machine: r2 · c19 · span 1822541–1822551
222Dynatrace, Inc., Section 10b CEO totalDEF 14A2026-07-100001773383-26-000031CEO total compensation as printed in Dynatrace, Inc.'s own proxy. As printed: 21,234,453. Filing ↗machine: r2 · c21 · span 696843–696853
223Guidewire Software, Inc., Section 10b CEO totalDEF 14A2025-10-300001528396-25-000233CEO total compensation as printed in Guidewire Software, Inc.'s own proxy. As printed: 14,012,061. Filing ↗machine: r3 · c21 · span 777771–777781
224PEGASYSTEMS INC (subject), Section 10b CEO totalDEF 14A2026-04-240001013857-26-000031CEO total compensation as printed in PEGASYSTEMS INC's own proxy. As printed: 8,332,032. Filing ↗machine: span 334047–334056
225Veeva Systems Inc., Section 10b CEO totalDEF 14A2026-05-040001140361-26-018796CEO total compensation as printed in Veeva Systems Inc.'s own proxy. As printed: 470,833. Filing ↗machine: t223 · r2 · c7 · span 807038–807045
226Atlassian Corporation, Section 10b CEO totalDEF 14A2026-10-140001650372-26-000044CEO total compensation as printed in Atlassian Corporation's own proxy. As printed: 57,337. Filing ↗machine: r2 · c18 · span 750885–750891
227Section 10a, Guidewire Software, Inc. reciprocityDEF 14A—0001528396-25-000233Guidewire Software, Inc.'s most recent proxy was read; its disclosed peer group does not include PEGASYSTEMS INC. Filing ↗
228Section 10a, MongoDB, Inc. reciprocityDEF 14A—0001628280-26-036415MongoDB, Inc.'s most recent proxy was read; its disclosed peer group does not include PEGASYSTEMS INC. Filing ↗
229Section 10a, Okta, Inc. reciprocityDEF 14A—0001660134-26-000036Okta, Inc.'s most recent proxy was read; its disclosed peer group does not include PEGASYSTEMS INC. Filing ↗
230Section 10a, PTC Inc. reciprocityDEF 14A—0001104659-25-124170PTC Inc.'s most recent proxy was read; its disclosed peer group does not include PEGASYSTEMS INC. Filing ↗
231Section 10a, Twilio, Inc. reciprocityDEF 14A—0001140361-26-017444Twilio, Inc.'s most recent proxy was read; its disclosed peer group does not include PEGASYSTEMS INC. Filing ↗
232Section 10a, Atlassian Corporation reciprocityDEF 14A—0001650372-26-000044Atlassian Corporation's most recent proxy was read; its disclosed peer group does not include PEGASYSTEMS INC. Filing ↗
233Section 10a, Veeva Systems Inc. reciprocityDEF 14A—0001140361-26-018796Veeva Systems Inc.'s most recent proxy was read; its disclosed peer group does not include PEGASYSTEMS INC. Filing ↗
234Section 10a, Dynatrace, Inc. reciprocityDEF 14A—0001773383-26-000031Dynatrace, Inc.'s most recent proxy was read; its disclosed peer group does not include PEGASYSTEMS INC. Filing ↗

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