[Form 4] PTC INC. Insider Trading Activity
Robert Bernshteyn, a director of PTC Inc. (PTC), reported changes in his beneficial ownership. On 09/15/2025 he was credited with 1,117 restricted stock units (RSUs) that convert to common stock at $0 per share, reflecting a grant vesting event. After the transaction his reported beneficial ownership of common stock is shown as 1,765 shares. The RSUs were originally granted on 09/09/2024 and vest in two substantially equal installments on 09/15/2025 and 09/15/2026. The Form 4 was signed on 09/16/2025 by Sean McGrath under a power of attorney.
- 1,117 restricted stock units vested on 09/15/2025, converting to common stock at $0 per share
- Reported beneficial ownership increased to 1,765 shares following the transaction
- Vesting schedule disclosed: RSUs granted 09/09/2024 vest in two substantially equal installments on 09/15/2025 and 09/15/2026
- None.
Insights
TL;DR: Director vesting of 1,117 RSUs increases reported stake; transaction is routine and non-cash.
The filing documents a time-based vesting event for vested restricted stock units granted 09/09/2024. The reported RSUs convert to 1,117 shares with no cash price, and the director's total reported beneficial ownership is 1,765 shares following the event. This is a standard equity compensation vesting disclosure under Section 16 and does not report any open-market purchases or sales.
TL;DR: Disclosure shows scheduled equity vesting for a director; procedural filing executed by POA.
The Form 4 shows time-based RSUs vesting per the original grant terms (two installments). The signature block indicates the form was executed under power of attorney (Sean McGrath) on 09/16/2025. The filing provides clear documentation of insider beneficial ownership changes consistent with routine governance and compensation processes.