[Form 3] PTC INC. Initial Statement of Beneficial Ownership
Rhea-AI Filing Summary
PTC Inc. (PTC) disclosed equity awards held by its Chief Product Officer in a beneficial ownership report. The filing lists several grants of restricted stock units (RSUs) and performance-based RSUs that each represent a right to receive one share of PTC common stock.
One RSU grant dated August 11, 2025 vests in three substantially equal installments on August 15, 2026, 2027 and 2028. Additional performance-based RSUs granted on November 19, 2025 may vest to the extent earned on November 15, 2026, 2027 and 2028, with one grant vesting solely on November 15, 2028. Another RSU grant dated November 19, 2025 vests in three substantially equal installments on November 15, 2026, 2027 and 2028.
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FAQ
What did PTC (PTC) report in this insider ownership filing?
PTC reported equity holdings of its Chief Product Officer, including several grants of restricted stock units (RSUs) and performance-based RSUs tied to PTC common stock.
Who is the reporting person in this PTC (PTC) Form 3 filing and what is their role?
The reporting person serves as an officer of PTC with the title Chief Product Officer, and the filing covers their beneficial ownership of PTC equity awards.
What are the key RSU grants disclosed for PTC's Chief Product Officer?
The filing discloses RSUs granted on August 11, 2025 that vest in three substantially equal installments on August 15, 2026, 2027 and 2028, plus additional time-based RSUs granted on November 19, 2025 that vest in three substantially equal installments on November 15, 2026, 2027 and 2028.
What performance-based RSUs are reported for PTC (PTC) in this filing?
The filing lists performance-based RSUs granted on November 19, 2025 that vest to the extent earned on November 15, 2026, 2027 and 2028, and a separate performance-based grant that vests to the extent earned on November 15, 2028.
How many PTC common shares underlie the RSUs in this report?
The derivative table shows RSUs covering 12,297 shares of PTC common stock, performance-based RSUs for 7,269 shares in one grant, another 7,269 shares in a separate grant, and additional RSUs for 14,539 shares.
What does each restricted stock unit represent for PTC (PTC)?
Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock, subject to the applicable vesting or performance conditions.