{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-038700","form_type":"8-K","ticker":"PTC","cik":"0000857005","company_name":"PTC INC.","filed_at":"2025-03-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.526333+00:00","generated_at":"2026-05-24T21:53:33.025169+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"PTC appoints Trac Pham to Board of Directors, effective March 17, 2025","bullets":["Trac Pham appointed to PTC Board and Audit Committee, effective March 17, 2025.","Mr. Pham previously served as Co-CEO of Sprinklr and CFO of Synopsys.","Annual cash retainer of $60K (prorated); annual equity retainer of $250K in RSUs vesting at earlier of 2026 annual meeting or March 15, 2026.","One-time initial grant of $375K in RSUs vesting in two equal installments on March 15, 2026 and 2027.","Audit Committee service adds a $15K prorated cash retainer."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-038700","json":"https://secwatch.observer/filing/0000950170-25-038700.json","markdown":"https://secwatch.observer/filing/0000950170-25-038700.md","text":"https://secwatch.observer/filing/0000950170-25-038700.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/857005/000095017025038700/0000950170-25-038700-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/857005/000095017025038700/ptc-20250309.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T21:53:33.025169+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7a22048f25","claim":"Trac Pham was appointed as Director at PTC INC..","evidence_excerpt":"On March 9, 2025, Trac Pham was appointed to the Board of Directors of PTC Inc., effective as of March 17, 2025.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/857005/000095017025038700/0000950170-25-038700-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}