Company: PTC
Filing Date: 2025-02-06
Form Type: 10-Q
Source: 0000950170-25-015530
Chunk: 58

Company: PTC INC.
Filing Date: 2025-02-06
Form: 10-Q
Item: Part II, Item 2
Chunk 58
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The table below shows the shares of our common stock we repurchased in the first quarter of 2025.

    Period
    Total Number of Shares (or Units) Purchased
     
    Average Price Paid per Share (or Unit)
     
    Total Number of Shares (or Units) Purchased as Part of Publicly Announced Plans or Programs
     
    Approximate Dollar Value of Shares (or Units) that May Yet Be Purchased Under the Plans or Programs (1)

     October 1, 2024 - October 31, 2024
     
    —
     
    $
    —

    —
     
    $
    2,000,000,000

     November 1, 2024 - November 30, 2024
     
    167,809
     
    $
    193.66

    167,809
     
    $
    1,967,502,218

     December 1, 2024 - December 31, 2024
     
    215,614
     
    $
    197.12

    215,614
     
    $
    1,924,999,900

    Total
     
    383,423
     
    $
    195.61

    383,423
     
    $
    1,924,999,900

(1)As announced in November 2024, our Board of Directors has authorized us to repurchase up to $2 billion of our common stock in the period October 1, 2024 through September 30, 2027.

ITEM 5. OTHER INFORMATION

Director and Executive Officer Adoption, Modification or Termination of 10b5-1 Plans in Q1'25

None.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers 

On February 6, 2025, Robert Dahdah, Executive Vice President, Chief Revenue Officer of the Company entered into an Executive Agreement with PTC Inc. (the “Company”). 

The Executive Agreement provides certain compensation and employment protections to the executive. The Executive Agreement provides that, upon a change in control of the Company, (i) all performance measures under any outstanding equity award held by the executive will be deemed to have been met at the target level, and (ii