Form 4: PTC Inc. Director Paul A. Lacy Reports Stock Transactions
SEC Form 4 Filing
Director Paul A. Lacy reports the vesting and acquisition of restricted stock units in PTC Inc.
Summary
- On February 12, 2025, Paul A. Lacy, a director of PTC Inc., reported transactions involving the company's common stock and restricted stock units.
- Lacy vested 1,383 shares of common stock from restricted stock units.
- Lacy also acquired 1,500 restricted stock units that vest on the earlier of PTC's 2026 Annual Meeting of Shareholders or March 15, 2026.
- Following these transactions, Lacy directly owns 1,500 derivative securities and indirectly owns 42,000 shares of common stock through a trust.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it is a standard disclosure of stock transactions by a company director. There is no indication of positive or negative implications for the company's performance.
Future Outlook
The acquired restricted stock units will vest on the earlier of PTC's 2026 Annual Meeting of Shareholders or March 15, 2026.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common practice for publicly traded companies. It provides transparency to investors regarding the holdings and transactions of key personnel.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the stock transactions of a company director.
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 | Date of transaction: vesting of 1,383 shares and acquisition of 1,500 restricted stock units |
| 02/13/2025 | Date of signature |
| March 15, 2026 | Latest vesting date for the 1,500 restricted stock units |
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