PTC (PTC) director Corinna Lathan logs RSU vesting and fresh grant
Filing Impact
Filing Sentiment
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,500 shares exercised/converted
Mixed
3 txns
Insider
Lathan Corinna
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,500 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 1,703 | $0.00 | -- |
| Exercise | Common Stock | 1,500 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 9,104 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock. Time-based restricted stock units granted on February 12, 2025 that vested on February 11, 2026. 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. This amount represents the total number of derivative securities beneficially owned of the class shown.
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 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.