Company: PTC
Filing Date: 2025-12-23
Form Type: DEF 14A
Source: 0001104659-25-124170
Chunk: 48

Company: PTC INC.
Filing Date: 2025-12-23
Form: DEF 14A
Chunk 48
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| ​ | 52 | ​ | ​ |     | ​ | ​ | 2026 PROXY STATEMENT | ​ | ​ |     | ​ |

TABLE OF CONTENTS

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| 2025Highlights | ​ | ​ | ProxySummary | ​ | ​ | CorporateGovernance | ​ | ​ | ExecutiveCompensation | ​ | ​ | AuditorMatters | ​ | ​ | PTC StockOwnership | ​ | ​ | Annual MeetingInformation | ​ | ​ | OtherGovernance | ​ | ​ | Appendix A | ​ |

Potential Payments Upon Termination or Change in Control We have agreements with our executive officers that provide the benefits described below in connection with certain terminations or a change in control of PTC. We describe our reasons for providing these benefits inCompensation Discussion and Analysis — Other Important Elements of Our Compensation Programs — Severance and Change in Control Arrangements . To receive the payments and benefits described below, the executive must execute a release of claims against PTC. The executive also must continue to comply with the material terms of the agreement and the terms of the executive’s Proprietary Information Agreement with PTC, which remains in effect after the termination of the executive’s employment. SUMMARY OF EXECUTIVE AGREEMENT TERMS REGARDING COMPENSATION
ON CHANGE-IN-CONTROL AND CERTAIN TERMINATIONS

| ​ | Name                                                     | ​ | ​ | ​ | Compensation                                | ​ | ​ | ​ | Event or Circumstances of Termination or Event |   |   |   |                                                                                                  |   |   |   |                                     |   |   |   |            |   |   |   |   | ​ |
| ​ | Terminationwithout Causeor Resignationfor OtherReason(1) | ​ | ​ | ​ | Terminationfor Causeor VoluntaryResignation | ​ | ​ | ​ | Change inControl                               | ​ | ​ | ​ | Terminationwithout Cause orResignation forGood Reason within2 Years Following aChange in Control