---
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"
generated_at: "2026-05-24T21:53:33.025169+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# PTC appoints Trac Pham to Board of Directors, effective March 17, 2025

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-038700
- JSON: https://secwatch.observer/filing/0000950170-25-038700.json
- Plain text: https://secwatch.observer/filing/0000950170-25-038700.txt

## Key facts
- Executive change
  Trac Pham was appointed as Director at PTC INC..
  - Action: appointed
  - Role: Director
  source text: On March 9, 2025, Trac Pham was appointed to the Board of Directors of PTC Inc., effective as of March 17, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/857005/000095017025038700/0000950170-25-038700-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.