PTC Inc. (PTC) director reports RSU vesting and new award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PTC Inc. director Benjamin Mark D reported equity compensation activity. On February 11, 2026, 1,500 time-based restricted stock units vested and were converted into 1,500 shares of common stock at an exercise price of $0, leaving him with 11,183 directly held shares.
He also received a new grant of 2,024 restricted stock units, each representing a right to one share of common stock. These units vest on the earlier of PTC's 2027 annual meeting of shareholders or March 15, 2027, and he now directly holds 2,024 derivative securities of this class.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,500 shares exercised/converted
Mixed
3 txns
Insider
Benjamin Mark D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,500 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 2,024 | $0.00 | -- |
| Exercise | Common Stock | 1,500 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 11,183 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 transactions did PTC (PTC) director Benjamin Mark D report?
Director Benjamin Mark D reported vesting of 1,500 restricted stock units into 1,500 PTC common shares at $0 and a new grant of 2,024 restricted stock units. These transactions reflect routine equity compensation rather than open-market buying or selling.
What new restricted stock unit award did PTC grant Benjamin Mark D in 2026?
On February 11, 2026, PTC granted Benjamin Mark D 2,024 time-based restricted stock units. Each unit represents a contingent right to receive one PTC common share, with vesting tied to the earlier of the 2027 annual meeting or March 15, 2027.
When did Benjamin Mark D’s earlier PTC restricted stock units vest?
Restricted stock units granted to Benjamin Mark D on February 12, 2025 vested on February 11, 2026. Upon vesting, 1,500 units were converted into 1,500 PTC common shares at a $0 exercise price, as reflected in the Form 4 filing.
What is the vesting schedule for Benjamin Mark D’s 2026 PTC restricted stock units?
The 2,024 restricted stock units granted on February 11, 2026 vest on the earlier of PTC’s 2027 annual meeting of shareholders or March 15, 2027. Vesting will deliver one share of PTC common stock for each unit, subject to the award terms.
How many derivative securities does Benjamin Mark D hold after the reported PTC transactions?
Following the February 11, 2026 transactions, Benjamin Mark D beneficially owns 2,024 derivative securities of this class. These consist of the newly granted restricted stock units, each representing a contingent right to receive one share of PTC common stock upon vesting.