Form 4: PTC INC. Director Michal Katz Sells 3,000 Shares
SEC Form 4 Filing
Director Michal Katz sold 3,000 shares of PTC INC. common stock at an average price of $174.8074 on May 3, 2024.
Summary
- On May 3, 2024, Michal Katz, a director of PTC INC., sold 3,000 shares of common stock.
- The sale was executed at a weighted average price of $174.8074 per share, with individual trades ranging from $174.52 to $175.05.
- Following the transaction, Katz directly owns 1,992 shares of PTC INC. common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine disclosure of a stock sale by a company director. The impact on the company's valuation is likely minimal unless part of a larger trend.
Industry Context
This is a standard Form 4 filing, indicating a change in beneficial ownership by a company insider. It's common for directors and officers to buy or sell shares of their company's stock, and these transactions are closely monitored by regulators and investors.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, but it's a relatively small transaction and unlikely to have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 01/15/2022 | Power of attorney filed by Sean McGrath |
| 05/03/2024 | Date of transaction: Michal Katz sold 3,000 shares of PTC INC. common stock |
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