PTC Inc. (PTC) director reports RSU vesting and new 1,703-unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PTC Inc. director Janice Chaffin reported equity compensation changes. On February 11, 2026, 1,801 restricted stock units vested and were converted into the same number of PTC common shares at an exercise price of $0, leaving her with 43,597 common shares directly owned.
On the same date, she received a new grant of 1,703 time-based restricted stock units, each representing a right to one share of common stock. These units vest on the earlier of PTC’s 2027 Annual Meeting of Shareholders or March 15, 2027, and she now holds 1,703 derivative securities of this class.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,801 shares exercised/converted
Mixed
3 txns
Insider
CHAFFIN JANICE
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,801 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 1,703 | $0.00 | -- |
| Exercise | Common Stock | 1,801 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 43,597 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock. Time-based restricted stock units granted on February 12, 2025 that vested on February 11, 2026. Time-based restricted stock units granted on February 11, 2026 that vest on the earlier of the date of PTC's 2027 Annual Meeting of Shareholders or March 15, 2027. This amount represents the total number of derivative securities beneficially owned of the class shown.
FAQ
What insider transactions did PTC (PTC) director Janice Chaffin report?
Janice Chaffin reported RSU-related equity changes. 1,801 restricted stock units vested into 1,801 PTC common shares, and she received a new grant of 1,703 restricted stock units that will convert into common shares once they vest.
What happened to the 1,801 restricted stock units reported by PTC (PTC)?
The 1,801 restricted stock units vested and were converted into 1,801 PTC common shares at an exercise price of $0. These RSUs were originally granted February 12, 2025 and vested on February 11, 2026 according to the disclosed footnotes.
What are the terms of Janice Chaffin’s new 1,703 PTC (PTC) restricted stock units?
The new 1,703 restricted stock units were granted February 11, 2026 and vest on the earlier of PTC’s 2027 Annual Meeting of Shareholders or March 15, 2027. Each vested unit entitles her to receive one share of PTC common stock.
Does this PTC (PTC) Form 4 show any open-market stock purchases or sales?
The Form 4 only shows restricted stock unit vesting and a new RSU grant. All transactions use transaction codes for derivative exercises and awards, with an exercise price of $0, and do not reflect open-market buying or selling activity.
How are the PTC (PTC) derivative holdings affected by these RSU transactions?
After 1,801 restricted stock units vested and converted into common shares, that RSU award balance went to zero. A new award of 1,703 restricted stock units was granted, so she now beneficially owns 1,703 derivative securities of that class.