PTC INC. 8-K

What Happened

• PTC Inc. announced on March 16, 2026 (8-K filed the same day) that it closed the previously announced divestiture of its Kepware and ThingWorx businesses to an affiliate of TPG. The company said it has updated its Q2'26 and FY'26 guidance and its share repurchase expectations to reflect the effect of the divestiture and the planned use of proceeds. A press release with details was furnished as Exhibit 99.1 to the 8-K. PTC scheduled a conference call for 5:00 p.m. ET on March 16, 2026 to discuss the transaction and updated guidance.

Key Details

• Closing date: March 16, 2026.
• Assets sold: Kepware and ThingWorx businesses; buyer: an affiliate of TPG.
• Guidance & buybacks: PTC updated Q2'26 and FY'26 guidance and share repurchase expectations to reflect the divestiture and use of proceeds (details in Exhibit 99.1 press release).
• Conference call/webcast: 5:00 p.m. ET March 16, 2026; dial (888) 596-4144 or (646) 968-2525, passcode 9277628, and webcast on PTC’s Investor Relations site.

Why It Matters

• The sale of Kepware and ThingWorx is a material change in PTC’s business mix and capital allocation: the company explicitly tied updates to quarterly and full‑year guidance and to share repurchase plans. For investors, the transaction may affect near‑term revenue composition and cash available for buybacks or other uses. Review the Exhibit 99.1 press release and the conference call/webcast for the specific financial impacts and revised guidance figures.