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PTC (PTC) director Corinna Lathan logs RSU vesting and fresh grant

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

Rhea-AI Filing Summary

PTC Inc. director Corinna Lathan reported equity award activity involving company stock. On February 11, 2026, 1,500 time-based restricted stock units vested and were converted into 1,500 shares of PTC common stock at an exercise price of $0, leaving her with 9,104 common shares held directly. On the same date, she received a new grant of 1,703 restricted stock units, each representing a contingent right to one share of common stock, resulting in 1,703 derivative securities beneficially owned after the grant. The new RSUs are scheduled to vest on the earlier of PTC's 2027 annual shareholder meeting or March 15, 2027.

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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*
Lathan Corinna

(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 1,500 A $0 9,104 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 1,500 (2) (2) Common Stock 1,500 $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 transaction did PTC (PTC) director Corinna Lathan report?

Corinna Lathan reported RSU vesting and a new equity grant. 1,500 restricted stock units vested into 1,500 PTC common shares, and she received 1,703 new restricted stock units, all at a price of $0 per unit or share.

How many PTC (PTC) common shares does Corinna Lathan hold after this Form 4?

After the reported transactions, Corinna Lathan directly holds 9,104 shares of PTC common stock. These shares came in part from 1,500 time-based restricted stock units that vested and converted into common shares on February 11, 2026.

How many restricted stock units does Corinna Lathan own in PTC (PTC) after the filing?

Following the transactions, Corinna Lathan beneficially owns 1,703 restricted stock units in PTC. Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock if the vesting conditions are satisfied.

What was the price involved in Corinna Lathan’s PTC (PTC) RSU vesting and grant?

Both the vesting of 1,500 restricted stock units and the grant of 1,703 new restricted stock units occurred at a price of $0. These equity awards reflect compensation arrangements rather than open-market purchases or sales of PTC common stock.

When do Corinna Lathan’s new PTC (PTC) restricted stock units vest?

The 1,703 time-based restricted stock units granted to Corinna Lathan vest on the earlier of the date of PTC’s 2027 Annual Meeting of Shareholders or March 15, 2027, according to the terms disclosed in the filing footnotes.

What does each PTC (PTC) restricted stock unit reported by Corinna Lathan represent?

Each restricted stock unit reported represents a contingent right to receive one share of PTC Inc. common stock. Delivery of the underlying shares depends on the units satisfying the applicable time-based vesting conditions described in the award terms.
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