Director Pham Trac receives 1,703 RSUs at PTC (PTC) as 1,431 vest

Rhea-AI Filing Summary

PTC Inc. director Pham Trac reported equity award activity involving restricted stock units and common shares. On February 11, 2026, 1,431 restricted stock units granted on March 17, 2025 vested and were converted into 1,431 shares of PTC common stock at an exercise price of $0, all held directly.

On the same date, Trac received a new grant of 1,703 time-based restricted stock units, each representing a right to one share of common stock. These RSUs vest on the earlier of the date of PTC’s 2027 Annual Meeting of Shareholders or March 15, 2027, leaving Trac with 1,703 derivative securities beneficially owned directly after the transactions.

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

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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^*

Pham Trac

(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		1,431	A	$0	1,431	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			1,431	(2)	(2)	Common Stock	1,431	$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 March 17, 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 02/14/2025	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 Pham Trac report?

PTC director Pham Trac reported a vesting and conversion of 1,431 restricted stock units into 1,431 common shares at $0, plus a new grant of 1,703 restricted stock units, all held directly following the transactions.

How many PTC (PTC) restricted stock units vested for Pham Trac?

1,431 time-based restricted stock units vested for Pham Trac. These RSUs were originally granted on March 17, 2025 and became payable in common stock on February 11, 2026, converting into 1,431 shares of PTC common stock at a $0 exercise price.

What new equity award did PTC (PTC) grant to director Pham Trac?

PTC granted Pham Trac 1,703 time-based restricted stock units. Each unit represents a contingent right to one share of PTC common stock and vests on the earlier of PTC’s 2027 Annual Meeting of Shareholders or March 15, 2027, if service-based conditions are met.

After these transactions, how many PTC (PTC) RSUs does Pham Trac hold?

After the reported transactions, Pham Trac beneficially owns 1,703 restricted stock units. The earlier 1,431-unit RSU award was fully exercised into common shares, leaving the newly granted 1,703 RSUs as the remaining derivative securities held directly.

Did Pham Trac pay any exercise price for the PTC (PTC) RSU conversion?

No cash exercise price was paid for the conversion. The 1,431 restricted stock units were converted into 1,431 PTC common shares at an exercise price of $0 per share, consistent with time-based restricted stock unit awards settled in stock.

When will Pham Trac’s new PTC (PTC) RSU grant vest?

The 1,703 new restricted stock units will vest on the earlier of two dates: the date of PTC’s 2027 Annual Meeting of Shareholders or March 15, 2027. Vesting depends on continued service through that selected vesting date.