---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-211593"
form_type: "8-K"
ticker: "PTC"
cik: "0000857005"
company_name: "PTC INC."
filed_at: "2024-09-03T23:59:59+00:00"
generated_at: "2026-05-31T06:43:22.719073+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# PTC appoints Robert Bernshteyn to Board of Directors effective Sept 9, 2024

## Summary
- Bernshteyn, former CEO & Chair of Coupa Software (2009-2023) and current GP at ICONIQ Capital, joins PTC board.
- Appointed to Compensation & People Committee; receives annual cash retainer of $60K (pro-rated).
- Annual equity retainer of RSUs valued at ~$250K (pro-rated); one-time initial grant of RSUs valued at $375K vesting in 2025 and 2026.
- Committee cash retainer of $12.5K pro-rated, payable quarterly in arrears.

## SEC filing metadata
- accession: 0001193125-24-211593
- form_type: 8-K
- ticker: PTC
- cik: 0000857005
- company_name: PTC INC.
- filed_at: 2024-09-03T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/857005/000119312524211593/0001193125-24-211593-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/857005/000119312524211593/d887948d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-211593
- JSON: https://secwatch.observer/filing/0001193125-24-211593.json
- Plain text: https://secwatch.observer/filing/0001193125-24-211593.txt

## Key facts
- Executive change
  Robert Bernshteyn was appointed as Director at PTC INC..
  - Action: appointed
  - Role: Director
  source text: On August 27, 2024, Robert Bernshteyn was appointed to the Board of Directors of PTC Inc., effective as of September 9, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/857005/000119312524211593/0001193125-24-211593-index.htm

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