PTC INC.·4

Feb 12, 4:27 PM ET

VON STAATS AARON C 4

Research Summary

AI-generated summary

Updated

PTC EVP Aaron C. Von Staats Sells 240 Shares

What Happened

  • Aaron C. Von Staats, EVP and Chief Legal Officer of PTC Inc. (PTC), sold a total of 240 shares in open-market transactions on February 11, 2026. The sales consisted of 232 shares at a weighted average price of $161.06 (proceeds $37,366) and 8 shares at $162.23 (proceeds $1,298), for total gross proceeds of approximately $38,664. These were sales (not purchases), which are often routine dispositions.

Key Details

  • Transaction date: February 11, 2026; filing date: February 12, 2026 (Form 4).
  • Sales: 232 shares @ weighted avg $161.06 (individual trades ranged $160.85–$161.65 per footnote); 8 shares @ $162.23.
  • Total proceeds: approx. $38,664.
  • Footnotes:
    • F1 — Sales were made pursuant to a pre-established 10b5-1(c) trading plan adopted Sept 5, 2025.
    • F2 — The 232-share sale was executed in multiple trades at prices from $160.85 to $161.65; the reported price is a weighted average.
    • F3 — The filing also notes 58 shares purchased under the 2016 Employee Stock Purchase Plan for the offering period ending Jan 31, 2026 (a separate small purchase).
  • Shares owned after transaction: not specified in the provided excerpt of the filing.
  • Timeliness: Filed Feb 12, 2026 for a Feb 11 transaction — the filing was submitted within the standard two-business-day Form 4 window.

Context

  • The sale was executed under a pre-established 10b5-1 plan, which allows insiders to sell according to a preset schedule and can reduce the implication that trades were made on material nonpublic information.
  • Sales by officers can reflect routine portfolio management, tax planning, or other personal reasons; they are not in themselves a definitive signal about company fundamentals. The small ESPP purchase noted is a routine employee purchase and is materially smaller than the sales.