Form 4: PTC Inc. Director Bernshteyn Reports Stock Transactions
SEC Form 4
Director Robert Bernshteyn reports the vesting and acquisition of restricted stock units in PTC Inc.
Summary
- Robert Bernshteyn, a director of PTC Inc., reported transactions involving restricted stock units (RSUs).
- On February 12, 2025, 648 RSUs vested and were converted into common stock.
- Also on February 12, 2025, Bernshteyn acquired 1,500 new RSUs.
- The newly acquired RSUs will vest on the earlier of PTC's 2026 Annual Meeting of Shareholders or March 15, 2026.
- Following these transactions, Bernshteyn directly owns 1,500 RSUs.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions by a company director, with no inherent positive or negative implications.
Future Outlook
The document outlines future vesting dates for the newly acquired restricted stock units.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and is a common occurrence for publicly traded companies like PTC Inc.
Stakeholder Impact
- The vesting of RSUs and subsequent ownership of common stock aligns the director's interests with those of the shareholders.
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 648 restricted stock units. |
| 02/12/2025 | Acquisition of 1,500 restricted stock units. |
| 02/13/2025 | Date of signature. |
| March 15, 2026 | Latest possible vesting date for the 1,500 restricted stock units. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.