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PTC Inc. (PTC) director reports RSU vesting and new 1,703-unit grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
CHAFFIN JANICE

(Last) (First) (Middle)
C/O 121 SEAPORT BOULEVARD

(Street)
BOSTON MA 02210

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
PTC INC. [ PTC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/11/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/11/2026 M 1,801 A $0 43,597 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 02/11/2026 M 1,801 (2) (2) Common Stock 1,801 $0 0(4) D
Restricted Stock Units (1) 02/11/2026 A 1,703 (3) (3) Common Stock 1,703 $0 1,703(4) D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock.
2. Time-based restricted stock units granted on February 12, 2025 that vested on February 11, 2026.
3. 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.
4. This amount represents the total number of derivative securities beneficially owned of the class shown.
/s/Sean McGrath by power of attorney filed 09/11/2024 02/12/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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.

How many PTC (PTC) shares does Janice Chaffin own after this Form 4?

After these transactions, Janice Chaffin directly owns 43,597 shares of PTC common stock. She also holds 1,703 restricted stock units, each representing a contingent right to receive one additional share if and when vesting conditions are satisfied.

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.