STOCK TITAN

Director Trac Pham at PTC (NASDAQ: PTC) gains 1,181 shares from RSU vesting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

PTC Inc. director Trac Pham exercised restricted stock units to acquire common shares. On March 15, 2026, 1,181 restricted stock units converted into 1,181 shares of PTC common stock at an exercise price of $0.00 per share. Following the transaction, Pham directly owned 2,612 common shares.

The restricted stock units were part of a time-based grant made on March 17, 2025 that vests in two substantially equal installments on March 15, 2026 and March 15, 2027. After this vesting event, Pham beneficially owned 1,180 derivative securities of the same class.

Positive

  • None.

Negative

  • None.
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*
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)
03/15/2026
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 03/15/2026 M 1,181 A $0 2,612 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) 03/15/2026 M 1,181 (2) (2) Common Stock 1,181 $0 1,180(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 March 17, 2025 that vest in two substantially equal installments on March 15, 2026 and 2027.
3. 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 03/16/2026
** 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 transaction did PTC (PTC) director Trac Pham report?

Director Trac Pham reported exercising 1,181 restricted stock units into an equal number of PTC common shares on March 15, 2026. The transaction was recorded at an exercise price of $0.00 per share and reflects routine equity compensation vesting.

How many PTC (PTC) shares does Trac Pham hold after this Form 4?

After the transaction, Trac Pham directly owns 2,612 shares of PTC common stock. In addition, he beneficially owns 1,180 derivative securities of the same class, representing remaining restricted stock units from the original time-based grant.

What type of equity award did Trac Pham exercise at PTC (PTC)?

Trac Pham exercised restricted stock units, each representing a contingent right to receive one share of PTC common stock. On March 15, 2026, 1,181 restricted stock units vested and converted into 1,181 common shares at an exercise price of $0.00.

When were Trac Pham’s PTC (PTC) restricted stock units granted and how do they vest?

The time-based restricted stock units were granted on March 17, 2025. They vest in two substantially equal installments on March 15, 2026 and March 15, 2027, with this Form 4 reflecting the first vesting installment of 1,181 units.

Did the PTC (PTC) Form 4 show any open-market buying or selling by Trac Pham?

No open-market buying or selling was reported. The Form 4 shows an exercise or conversion of derivative securities (restricted stock units) into common shares, with no separate purchase or sale transactions in the open market disclosed.

What does the exercise price of $0.00 mean in Trac Pham’s PTC (PTC) filing?

The $0.00 exercise price reflects the nature of restricted stock units as compensation awards that convert to shares without additional cash payment. Pham received 1,181 PTC common shares upon vesting without paying a per-share exercise price.
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