secwatch.observer — SEC 8-K summary
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Issuer:     PTC INC. (PTC)
CIK:        0000857005
Form:       8-K
Filed at:   2025-10-14T23:59:59+00:00
Accession:  0001193125-25-237840
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

PTC appoints James Lico to Board; former Fortive CEO also joins Governance Committee
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- James Lico appointed to PTC Board of Directors effective Oct 13, 2025; also appointed to Corporate Governance Committee.
- Lico was President & CEO of Fortive from July 2016 to June 2025; currently an advisor to Fortive.
- Compensation: annual cash retainer $60k, equity retainer ~$250k, one-time initial grant of RSUs valued at $375k.
- Committee service cash retainer of $10k, prorated for current service year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/857005/000119312525237840/0001193125-25-237840-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/857005/000119312525237840/ptc-20251010.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-237840

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer