PTC executive equity update: new RSUs, tax share tender reported
Rhea-AI Filing Summary
PTC Inc. (PTC) filed a Form 4 reporting equity awards and related share activity for its EVP, Chief Revenue Officer. On 11/20/2025, the executive acquired 4,436 shares of common stock at $0, earned under the FY25 Corporate Incentive Plan, and disposed of 2,145 shares at $170.43 that were tendered back to PTC to cover tax withholding from vesting restricted stock units. Following these transactions, the executive directly owned 6,178 shares of common stock.
On 11/19/2025, the executive also received multiple restricted stock unit grants. These include 7,633 performance-based RSUs that may vest on November 15, 2026, 2027 and 2028, another 7,633 performance-based RSUs that may vest on November 15, 2028, and 15,266 RSUs scheduled to vest in three substantially equal installments on November 15, 2026, 2027 and 2028. Each RSU represents a contingent right to receive one share of PTC common stock.
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Insights
Routine Form 4 showing incentive stock grants, vesting, and tax withholding.
This Form 4 details standard equity compensation for PTC Inc.’s EVP, Chief Revenue Officer. The executive earned 4,436 common shares under the FY25 Corporate Incentive Plan and used 2,145 shares, valued at $170.43 each, to satisfy tax withholding on vested restricted stock units. After these movements, the executive directly held 6,178 common shares.
The filing also lists new restricted stock unit awards granted on November 19, 2025. These include performance-based RSUs that may vest on November 15, 2026, 2027 and 2028, and an additional grant vesting in three substantially equal installments on those same dates. Each RSU corresponds to one share of common stock, tying a portion of the executive’s future compensation to PTC’s performance and continued service.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,436 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,145 | $170.43 | $366K |
| Grant/Award | Restricted Stock Units | 7,633 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 7,633 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 15,266 | $0.00 | -- |
Footnotes (1)
- Shares earned under the FY25 Corporate Incentive Plan. 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 19, 2025 that vest to the extent earned on November 15, 2026, 2027 and 2028. Performance-based RSUs granted on November 19, 2025 that vest to the extent earned on November 15, 2028. RSUs granted on November 19, 2025 that vest in three substantially equal installments on November 15, 2026, 2027 and 2028. This amount represents the total number of derivative securities beneficially owned of the class shown.
FAQ
What did PTC (PTC) report in this Form 4 for its EVP, Chief Revenue Officer?
The Form 4 reports that the EVP, Chief Revenue Officer acquired 4,436 shares of PTC common stock earned under the FY25 Corporate Incentive Plan, disposed of 2,145 shares to cover tax withholding on vested RSUs, and directly owned 6,178 common shares after these transactions.
What equity awards did the PTC (PTC) executive receive on November 19, 2025?
On November 19, 2025, the executive received several restricted stock unit awards: 7,633 performance-based RSUs that may vest on November 15, 2026, 2027 and 2028, another 7,633 performance-based RSUs that may vest on November 15, 2028, and 15,266 RSUs scheduled to vest in three substantially equal installments on November 15, 2026, 2027 and 2028.
What does each PTC (PTC) restricted stock unit represent in this filing?
Each restricted stock unit reported in the Form 4 represents a contingent right to receive one share of PTC Inc. common stock, subject to the applicable vesting and performance conditions.
What is the vesting schedule for the time-based RSUs reported by PTC (PTC)?
The time-based RSUs granted on November 19, 2025 are scheduled to vest in three substantially equal installments on November 15, 2026, 2027 and 2028, assuming the vesting conditions are met.
What is the executive’s direct common stock ownership in PTC (PTC) after the reported transactions?
After the reported acquisition of 4,436 shares and the disposition of 2,145 shares for tax withholding, the executive directly owned 6,178 shares of PTC common stock.