PTC CPO converts 4,099 RSUs, withholds shares
PTC Inc. executive Jon Stevenson, Chief Product Officer, reported the vesting and conversion of 4,099 restricted stock units into an equal number of shares of PTC common stock on August 15, 2026.
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Form Type
4
Rhea-AI Filing Summary
PTC Inc. executive Jon Stevenson, Chief Product Officer, reported the vesting and conversion of 4,099 restricted stock units into an equal number of shares of PTC common stock on August 15, 2026. Of these shares, 1,204 were tendered to PTC at $149.75 per share to satisfy tax withholding obligations. After the RSU conversion, Stevenson beneficially owned 8,198 derivative securities of the reported class.
Insider Trade Summary
4,099 shares exercised/converted
Exercise
3 txns
Insider
STEVENSON JON
Role
Chief Product Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restructed Stock Units F2, F3, F4 | 4,099 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,099 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 1,204 | $149.75 | $180K |
Holdings After Transaction:
Restructed Stock Units — 8,198 contracts (Direct);
Common Stock — 3,331 shares (Direct)
Footnotes (4)
- F1. 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.
- F2. Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock.
- F3. RSUs granted on August 11, 2025 that vest in three substantially equal installments on August 15, 2026, 2027 and 2028.
- F4. This amount represents the total number of derivative securities beneficially owned of the class shown.
Key Figures
RSUs converted to common stock: 4,099 shares
Shares withheld for taxes: 1,204 shares
Tax withholding price: $149.75 per share
+3 more
6 metrics
RSUs converted to common stock
4,099 shares
Restricted stock units exercised/converted into PTC common stock on August 15, 2026
Shares withheld for taxes
1,204 shares
Common shares tendered to issuer to satisfy tax withholding obligations
Tax withholding price
$149.75 per share
Per-share value used for the 1,204 shares delivered for tax withholding
Derivative securities after transaction
8,198 units
Total number of derivative securities beneficially owned after RSU transaction
RSU-to-share ratio
1 RSU : 1 share
Each restricted stock unit represents a contingent right to receive one PTC common share
RSU grant date
August 11, 2025
Date of RSU grant that vests in three substantially equal installments
Key Terms
restricted stock unit, tax withholding obligations, beneficially owned, derivative security
4 terms
restricted stock unit financial
"Each restricted stock unit represents a contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax withholding obligations financial
"Tendered to Issuer to satisfy tax withholding obligations of the Reporting Person"
beneficially owned financial
"This amount represents the total number of derivative securities beneficially owned"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity transaction did PTC (PTC) Chief Product Officer Jon Stevenson report?
Jon Stevenson reported the vesting and conversion of 4,099 restricted stock units into 4,099 PTC common shares on August 15, 2026. This was recorded as an exercise or conversion of derivative securities, with related tax withholding handled in a separate transaction.
How many PTC (PTC) derivative securities does Jon Stevenson hold after these transactions?
Following the RSU conversion, Stevenson beneficially owned 8,198 derivative securities of the reported class. A footnote clarifies this amount represents the total number of derivative securities beneficially owned after the August 15, 2026 transactions.
Were Jon Stevenson’s PTC (PTC) transactions under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox was not marked as affirming a trading plan. The transactions instead relate to the vesting and tax withholding of previously granted restricted stock unit awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.
