Ptc Inc SEC Filings

PTC Inc.'s EVP and Chief Financial Officer reported routine equity compensation activity on 11/15/2025. The filing shows the exercise and vesting of 32,140 shares of common stock at an exercise price of $0, arising from previously granted restricted stock units. To cover tax withholding from these vestings, 14,574 shares were tendered back to the company at $179.61 per share. After these transactions, the executive directly owned 64,983 shares of PTC common stock. The detailed footnotes explain that the underlying awards include both time-based and performance-based restricted stock units granted in prior years.

PTC Inc. (PTC) executive vice president and chief revenue officer reported equity award activity involving company common stock and restricted stock units. On November 15, 2025, 5,650 shares of common stock were acquired at an exercise price of $0 upon the vesting and settlement of restricted stock units. On the same date, 1,763 shares were withheld at a price of $179.61 per share to cover tax obligations, leaving the officer with 3,887 shares of common stock held directly after the transactions.

The filing also shows the conversion of 1,767 performance-based restricted stock units and 3,883 time-based restricted stock units into common stock at no cost, with remaining derivative holdings of 3,882 and 7,765 restricted stock units, respectively. These RSUs were granted on December 9, 2024 and vest in installments on November 15, 2025, 2026, and 2027, subject to their terms.

PTC Inc. (PTC) reported insider equity activity for its EVP, GC and Secretary following the vesting of multiple restricted stock unit (RSU) awards on November 15, 2025. The reporting person acquired 20,678 shares of common stock at an exercise price of $0, reflecting RSUs converting into shares. To cover tax withholding obligations from these vestings, the insider surrendered 9,013 shares at a price of $179.61 per share to the company. After these transactions, the insider directly owned 27,408 shares of PTC common stock. Several performance-based and time-based RSU grants from 2022, 2023 and 2024 either vested or partially vested on this date, with remaining derivative holdings shown in the filing.

PTC Inc. (PTC) reported insider equity activity by its Chief Accounting Officer on November 15, 2025. The officer acquired 2,072 shares of common stock at a price of $0 through the vesting and settlement of restricted stock units, then disposed of 610 shares at $179.61 to cover tax withholding, leaving 1,751 shares of common stock held directly. Several blocks of restricted stock units and performance-based restricted stock units vested or were exercised into common stock on the same date, reflecting previously granted awards from 2022, 2023, and 2024.

PTC Inc. (PTC) signed an Asset Purchase Agreement to sell its ThingWorx and Kepware businesses to an affiliate of TPG for $600,000,000 in cash at closing, subject to adjustments, plus the right to contingent consideration of up to $125,000,000 in certain circumstances following a future sale of the Business by the buyer.

The cash purchase price will be adjusted for working capital relative to a target, reduced by any business indebtedness at closing, reduced by $35 million if specified monthly performance metrics are not achieved before closing, and reduced by an amount tied to average billed accounts receivable for the four quarters ended June 30, 2025. The buyer will assume certain specified liabilities.

Closing is conditioned on HSR waiting period expiration or termination, specified foreign regulatory approvals, the absence of an injunction, and customary accuracy of representations and compliance with covenants. Closing will occur on the later of February 1, 2026 or the second business day after conditions are satisfied or waived, with flexibility to move to month‑end. The agreement may be terminated if not completed by August 5, 2026, automatically extending to November 5, 2026 if only regulatory approvals remain. The deal is not subject to financing or PTC shareholder approval. PTC agreed to a three‑year non‑compete post‑closing and customary indemnities.

PTC Inc. (PTC) disclosed a director’s equity compensation on a Form 4. On 10/13/2025, the director received two restricted stock unit (RSU) grants: 410 RSUs and 1,852 RSUs, each representing the right to receive one share of PTC common stock per unit.

The 410 RSUs vest on the earlier of PTC’s 2026 Annual Meeting of Shareholders or March 15, 2026. The 1,852 RSUs vest in two substantially equal installments on October 15, 2026 and October 15, 2027. The awards were reported at a price of $0 per unit and are held directly.

PTC Inc. reported an initial statement of beneficial ownership (Form 3) for a Director effective 10/13/2025. The filing states that no securities are beneficially owned. It was filed by one reporting person and serves as an initial ownership disclosure under Section 16.

PTC Inc. appointed James Lico to its Board of Directors, effective October 13, 2025, and named him to the Corporate Governance Committee.

His director compensation aligns with outside directors and is prorated for the current service year: an annual cash retainer of $60,000 and an annual equity retainer of RSUs valued at approximately $250,000, vesting on the earlier of the 2026 Annual Meeting of Shareholders or March 15, 2026. He will also receive a one-time initial RSU grant valued at $375,000, vesting in two substantially equal installments on October 15, 2026 and 2027, plus a $10,000 cash retainer for Corporate Governance Committee service.

Lico previously served as President and CEO of Fortive (2016–2025), held senior roles at Danaher, and joined DuPont’s board in June 2024.