PTC Form 4: Director's 1,117 RSUs Convert to Shares; Beneficial Ownership 1,765

Rhea-AI Filing Summary

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.

Positive

• 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

Negative

• None.

Insights

Financial Analyst

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.

Corporate Governance Expert

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.

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
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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).

1. Name and Address of Reporting Person^*

BERNSHTEYN ROBERT

(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)
09/15/2025

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	09/15/2025		M		1,117	A	$0	1,765	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
Resctricted Stock Units	(1)	09/15/2025		M			1,117	(2)	(2)	Common Stock	1,117	$0	1,117(3)	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 September 9, 2024 that vest in two substantially equal installments on September 15, 2025 and 2026.

3. 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	09/16/2025
	** 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 activity did PTC (PTC) report on 09/15/2025?

The Form 4 reports that director Robert Bernshteyn had 1,117 RSUs vest on 09/15/2025, converting to common stock at $0 per share.

How many shares does the reporting person beneficially own after the transaction?

The filing shows 1,765 shares beneficially owned following the reported transaction.

When were the RSUs originally granted and what is the vesting schedule?

The RSUs were granted on 09/09/2024 and vest in two substantially equal installments on 09/15/2025 and 09/15/2026.

Was there any cash paid for the vested RSUs reported on the Form 4?

No cash was reported; the RSUs convert to shares at a reported price of $0 per share.

Who signed the Form 4 and in what capacity?

The Form 4 was signed on 09/16/2025 by Sean McGrath acting under a power of attorney.