Director Trac Pham at PTC (NASDAQ: PTC) gains 1,181 shares from RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PTC Inc. director Trac Pham exercised restricted stock units to acquire common shares. On March 15, 2026, 1,181 restricted stock units converted into 1,181 shares of PTC common stock at an exercise price of $0.00 per share. Following the transaction, Pham directly owned 2,612 common shares.
The restricted stock units were part of a time-based grant made on March 17, 2025 that vests in two substantially equal installments on March 15, 2026 and March 15, 2027. After this vesting event, Pham beneficially owned 1,180 derivative securities of the same class.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,181 shares exercised/converted
Mixed
2 txns
Insider
Pham Trac
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,181 | $0.00 | -- |
| Exercise | Common Stock | 1,181 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 1,180 shares (Direct);
Common Stock — 2,612 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock. Time-based restricted stock units granted on March 17, 2025 that vest in two substantially equal installments on March 15, 2026 and 2027. This amount represents the total number of derivative securities beneficially owned of the class shown.
FAQ
What insider transaction did PTC (PTC) director Trac Pham report?
Director Trac Pham reported exercising 1,181 restricted stock units into an equal number of PTC common shares on March 15, 2026. The transaction was recorded at an exercise price of $0.00 per share and reflects routine equity compensation vesting.
What type of equity award did Trac Pham exercise at PTC (PTC)?
Trac Pham exercised restricted stock units, each representing a contingent right to receive one share of PTC common stock. On March 15, 2026, 1,181 restricted stock units vested and converted into 1,181 common shares at an exercise price of $0.00.
When were Trac Pham’s PTC (PTC) restricted stock units granted and how do they vest?
The time-based restricted stock units were granted on March 17, 2025. They vest in two substantially equal installments on March 15, 2026 and March 15, 2027, with this Form 4 reflecting the first vesting installment of 1,181 units.
Did the PTC (PTC) Form 4 show any open-market buying or selling by Trac Pham?
No open-market buying or selling was reported. The Form 4 shows an exercise or conversion of derivative securities (restricted stock units) into common shares, with no separate purchase or sale transactions in the open market disclosed.
What does the exercise price of $0.00 mean in Trac Pham’s PTC (PTC) filing?
The $0.00 exercise price reflects the nature of restricted stock units as compensation awards that convert to shares without additional cash payment. Pham received 1,181 PTC common shares upon vesting without paying a per-share exercise price.