PTC CEO Form 4 shows RSU conversions and tax-share disposal

Rhea-AI Filing Summary

PTC Inc. President and CEO, who is also a director, reported equity award activity on 11/15/2025. The filing shows the conversion of several restricted stock unit (RSU) awards into common stock, followed by a share disposal to cover taxes. The executive acquired 35,205 shares of PTC common stock at $0 per share through RSU vesting and related transactions, and 17,023 shares were disposed of at $179.61 per share to satisfy tax withholding obligations. After these transactions, the executive directly owned 76,627 shares of PTC common stock. The filing also lists remaining RSU holdings as derivative securities, including awards tied to performance and time-based vesting through future dates.

Insider Trade Summary

35,205 shares exercised/converted

Mixed 6 txns

Insider Barua Neil

Role President and CEO

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	4,800	$0.00	--
Exercise	Restricted Stock Units	11,852	$0.00	--
Exercise	Restricted Stock Units	7,526	$0.00	--
Exercise	Restricted Stock Units	11,027	$0.00	--
Exercise	Common Stock	35,205	$0.00	--
Tax Withholding	Common Stock	17,023	$179.61	$3.06M

Holdings After Transaction: Restricted Stock Units — 5,926 shares (Direct); Common Stock — 93,650 shares (Direct)

Footnotes (1)

1. Tendered to Issuer to satisfy tax withholding obligations of the Reporting Person incurred in connection with the vesting of the Reporting Person's restricted stock unit awards. Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock. Performance-based RSUs granted on November 15, 2023 that vest to the extent earned on November 15, 2024, 2025 and 2026. RSUs granted on November 15, 2023 that vest in three substantially equal installments on November 15, 2024, 2025 and 2026. Performance-based RSUs granted on November 13, 2024 that vest to the extent earned on November 15, 2025, 2026 and 2027. RSUs granted on November 13, 2024 that vest in three substantially equal installments on November 15, 2025, 2026 and 2027. This amount represents the total number of derivative securities beneficially owned of the class shown.

Form 4 Insider Transactions: What Each Field Means →

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

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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).

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^*

Barua Neil

(Last) (First) (Middle)

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
X	Officer (give title below)		Other (specify below)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
11/15/2025

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	11/15/2025		M		35,205	A	$0	93,650	D
Common Stock	11/15/2025		F		17,023(1)	D	$179.61	76,627	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	(2)	11/15/2025		M			4,800	(3)	(3)	Common Stock	4,800	$0	5,926(7)	D
Restricted Stock Units	(2)	11/15/2025		M			11,852	(4)	(4)	Common Stock	11,852	$0	11,852(7)	D
Restricted Stock Units	(2)	11/15/2025		M			7,526	(5)	(5)	Common Stock	7,526	$0	16,540(7)	D
Restricted Stock Units	(2)	11/15/2025		M			11,027	(6)	(6)	Common Stock	11,027	$0	22,054(7)	D

Explanation of Responses:

1. Tendered to Issuer to satisfy tax withholding obligations of the Reporting Person incurred in connection with the vesting of the Reporting Person's restricted stock unit awards.

2. Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock.

3. Performance-based RSUs granted on November 15, 2023 that vest to the extent earned on November 15, 2024, 2025 and 2026.

4. RSUs granted on November 15, 2023 that vest in three substantially equal installments on November 15, 2024, 2025 and 2026.

5. Performance-based RSUs granted on November 13, 2024 that vest to the extent earned on November 15, 2025, 2026 and 2027.

6. RSUs granted on November 13, 2024 that vest in three substantially equal installments on November 15, 2025, 2026 and 2027.

7. This amount represents the total number of derivative securities beneficially owned of the class shown.

	/s/Sean McGrath by power of attorney filed 07/19/2023	11/17/2025
	** Signature of Reporting Person	Date
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