PTC Adds James Lico, Former Fortive CEO, to Board of Directors
PTC Inc. appointed James Lico, former President and CEO of Fortive Corporation, to its Board of Directors effective October 13, 2025, and to the Corporate Governance Committee. He receives standard outside director pay, including a $375,000 initial RSU grant. The appointment is a board change rather than an operating event, and the filing contains no financial results or guidance.
Key points
- James Lico appointed to PTC board on October 10, 2025, effective October 13, 2025
- Lico also joins the Corporate Governance Committee, with a $10,000 cash retainer, prorated
- Compensation includes a $60,000 prorated annual cash retainer and about $250,000 in prorated annual RSUs
- One-time initial RSU grant valued at $375,000, vesting in two installments on October 15, 2026 and 2027
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:42 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 14, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.