secwatch.observer — SEC 8-K summary
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Issuer:     PTC INC. (PTC)
CIK:        0000857005
Form:       8-K
Filed at:   2023-08-01T23:59:59+00:00
Accession:  0001193125-23-199982
Event type: leadership
Sentiment:  neutral
Materiality: 0.20
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Director Blake Moret resigns from PTC board after Rockwell ownership falls below 5%
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- Blake Moret resigned effective Aug. 1, 2023, triggered by Rockwell's ownership dropping below 5% of PTC shares.
- Resignation follows terms of 2018 Share Purchase Agreement between PTC and Rockwell Automation.
- No successor named; board will continue without Rockwell's designated seat.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/857005/000119312523199982/0001193125-23-199982-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/857005/000119312523199982/d511690d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-199982

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