Form 4: PTC INC. Director Benjamin Mark D Reports Stock Transactions
SEC Form 4 Filing
Director Benjamin Mark D reports acquisition and disposal of PTC Inc. stock and restricted stock units on February 12, 2025.
Summary
- On February 12, 2025, Director Benjamin Mark D engaged in transactions involving PTC Inc. stock.
- The transactions included the vesting of 1,383 restricted stock units, which converted into common stock.
- Additionally, 1,500 restricted stock units were granted, vesting on the earlier of PTC's 2026 Annual Meeting or March 15, 2026.
- Following these transactions, Benjamin Mark D directly owns 9,683 shares of common stock and 1,500 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Future Outlook
The document does not contain explicit forward-looking statements beyond the vesting schedule of the restricted stock units.
Industry Context
This is a routine disclosure of stock transactions by a company insider, as required by SEC regulations. It provides transparency to investors regarding the actions of company leadership.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding insider activity.
- The vesting of restricted stock units may incentivize the director to continue contributing to the company's success.
Key Dates
| Date | Description |
|---|---|
| 09/11/2024 | Power of attorney filed |
| 02/14/2024 | Time-based restricted stock units granted that vested on February 12, 2025 |
| 02/12/2025 | Vesting of 1,383 restricted stock units and grant of 1,500 restricted stock units |
| 02/13/2025 | Date of signature for the report |
| March 15, 2026 | Latest vesting date for the 1,500 restricted stock units granted on February 12, 2025 |
Keywords
PTC INC., Benjamin Mark D, Director, Stock, Restricted Stock Units, Form 4, SEC
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