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PTC Inc. (PTC) director receives 1,703 new RSUs and exercises 1,500

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

Rhea-AI Filing Summary

PTC Inc. director Michal Katz reported equity compensation activity involving restricted stock units (RSUs) and common shares on February 11, 2026.

Katz acquired 1,500 shares of PTC common stock at $0 per share through the exercise of previously granted RSUs. After this conversion, Katz directly owned 4,875 common shares.

The filing also shows a new equity award of 1,703 time-based RSUs, each representing one share of common stock. These RSUs vest on the earlier of PTC's 2027 Annual Meeting of Shareholders or March 15, 2027, leaving Katz with 1,703 derivative securities beneficially owned following the transactions.

Positive

  • None.

Negative

  • None.
Insider Katz Michal
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 — 4,875 shares (Direct)
Footnotes (1)
  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.
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
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*
Katz Michal
(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 4,875 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 01/15/2022 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did PTC (PTC) director Michal Katz report?

Michal Katz reported exercising 1,500 restricted stock units into 1,500 PTC common shares at $0 per share and receiving a new grant of 1,703 time-based restricted stock units, all held as direct beneficial ownership according to the Form 4 filing.

How many PTC (PTC) common shares does Michal Katz own after this Form 4?

After the reported transactions, Michal Katz directly owns 4,875 PTC common shares. These shares result from the conversion of 1,500 restricted stock units on February 11, 2026, as disclosed in the non-derivative securities table of the Form 4 insider filing.

What new RSU award did PTC (PTC) grant to director Michal Katz?

PTC granted Michal Katz 1,703 time-based restricted stock units on February 11, 2026. Each unit represents a contingent right to receive one PTC common share, with no cash exercise price, as detailed in the derivative securities section of the Form 4.

When do Michal Katz’s new PTC (PTC) restricted stock units vest?

The 1,703 restricted stock units granted to Michal Katz vest on the earlier of PTC’s 2027 Annual Meeting of Shareholders or March 15, 2027. This time-based vesting schedule is specifically described in the explanatory footnotes to the Form 4.

What happened to Michal Katz’s prior PTC (PTC) restricted stock unit grant?

A prior grant of time-based restricted stock units to Michal Katz from February 12, 2025 fully vested on February 11, 2026. The vesting led to the conversion of 1,500 units into 1,500 PTC common shares at $0, as reflected in the Form 4 tables and footnotes.

How many PTC (PTC) derivative securities does Michal Katz own after these transactions?

Following the February 11, 2026 transactions, Michal Katz beneficially owns 1,703 derivative securities, all in the form of restricted stock units. This total, shown as 1,703 in the Form 4, represents the newly granted RSUs that remain unconverted.