PTC director gets 1,117 shares from RSU vest
PTC INC. director Robert Bernshteyn had 1,117 time-based restricted stock units vest and settle into common shares, bringing his direct holdings to 4,382 shares.
Rhea-AI Filing Summary
PTC INC. (PTC) director Robert Bernshteyn reported the vesting and settlement of restricted stock units into common stock. On September 15, 2026, 1,117 restricted stock units were exercised/converted into 1,117 shares of PTC common stock at a stated price of $0.00 per share. Following this conversion, Bernshteyn directly held 4,382 shares of PTC common stock, and this transaction eliminated his beneficial ownership in the reported class of derivative securities related to this grant. Each restricted stock unit represented a contingent right to receive one share of common stock and was part of a time-based grant made on September 9, 2024 that vested on September 15, 2026. No Rule 10b5-1 trading plan is reported for these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,117 shares exercised/converted
Exercise
2 txns
Insider
BERNSHTEYN ROBERT
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unitss F1, F2, F3 | 1,117 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,117 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unitss — 0 contracts (Direct);
Common Stock — 4,382 shares (Direct)
Footnotes (3)
- F1. Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock.
- F2. Time-based restricted stock units granted on September 9, 2024 that vested on September 15, 2026.
- F3. This amount represents the total number of derivative securities beneficially owned of the class shown.
Key Figures
Restricted stock units converted: 1,117 units
Common shares acquired on conversion: 1,117 shares
Common shares held after transaction: 4,382 shares
+2 more
5 metrics
Restricted stock units converted
1,117 units
Time-based RSUs granted September 9, 2024 and vested on September 15, 2026
Common shares acquired on conversion
1,117 shares
Shares of PTC common stock received on September 15, 2026
Common shares held after transaction
4,382 shares
Direct holdings of PTC common stock following the September 15, 2026 conversion
Exercise/Conversion price per share
$0.00 per share
Settlement of 1,117 restricted stock units into common stock
Derivative securities remaining
0 units
Total number of derivative securities of the reported class beneficially owned after the transaction
Key Terms
Restricted stock units, derivative security, beneficially owned
3 terms
Restricted stock units financial
"Time-based restricted stock units granted on September 9, 2024 that vested"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
beneficially owned financial
"represents the total number of derivative securities beneficially owned"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PTC (PTC) director Robert Bernshteyn report?
Robert Bernshteyn reported the vesting and conversion of 1,117 restricted stock units into 1,117 shares of PTC common stock on September 15, 2026, as part of a time-based equity award.
What was the nature of the derivative securities reported by PTC (PTC) director Robert Bernshteyn?
The derivative securities were restricted stock units, each representing a contingent right to receive one share of PTC common stock, granted on September 9, 2024 and vested on September 15, 2026.
Was a Rule 10b5-1 trading plan used for this PTC (PTC) insider transaction?
No. The filing indicates that the Rule 10b5-1 checkbox is not affirmed, and there is no footnote stating that these transactions were made under a trading plan.
What happened to Robert Bernshteyn’s derivative holdings in PTC (PTC) after this transaction?
The Form 4 shows 0 derivative securities beneficially owned of the reported class after the transaction, reflecting full vesting and settlement of the 1,117 restricted stock units in this grant.
AI-generated analysis. How Rhea-AI works. Not financial advice.
