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8-K filed August 1, 2023, 7:59 PM ET ticker PTC CIK 0000857005
leadership confidence high sentiment neutral materiality 0.20

Director Blake Moret resigns from PTC board after Rockwell ownership falls below 5%

PTC INC.

Executive movements

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Departed

Blake Moret

director
PTC · PTC INC.
Effective
2023-08-01
Filed
August 1, 2023, 7:59 PM ET
On August 1, 2023, PTC’s Board of Directors accepted the resignation of director Blake Moret, which resignation was submitted pursuant to the terms of the Share Purchase Agreement between PTC Inc. and Rockwell Automation Inc. dated as of June 11, 2018, as amended on May 11, 2021, after Rockwell’s ownership of PTC shares fell below 5% of PTC’s outstanding shares.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Blake Moret resigned as director at PTC INC..

Action
resigned
Role
director
Exact text from the filing
On August 1, 2023, PTC’s Board of Directors accepted the resignation of director Blake Moret, which resignation was submitted pursuant to the terms of the Share Purchase Agreement between PTC Inc. and Rockwell Automation Inc. dated as of June 11, 2018, as amended on May 11, 2021, after Rockwell’s ownership of PTC shares fell below 5% of PTC’s outstanding shares.
View on SEC.gov

PTC INC. filing history →

Source: SEC EDGAR
accession 0001193125-23-199982
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