As a newly emergent type-II Dirac semimetal, Platinum Telluride (PtTe 2 ) stands out from other 2D noble-transition-metal dichalcogenides for the unique structure and novel physical properties, such as high carrier mobility, strong electron-phonon coupling and tunable bandgap, which make the PtTe 2 a good candidate for applications in optoelectronics, valleytronics and far infrared detectors. Although the transport properties of PtTe 2 have been studied extensively, the dynamics of the nonequilibrium carriers remain nearly uninvestigated. Herein we employ optical pump-terahertz (THz) probe spectroscopy (OPTP) to systematically study the 2 photocarrier dynamics of PtTe 2 thin films with varying pump fluence, temperature, and film thickness. Upon photoexcitation the THz photoconductivity (PC) of 5 nm PtTe 2 film shows abrupt increase initially, while the THz PC changes into negative value in a subpicosecond time scale, followed by a prolonged recovery process that lasted hundreds of picoseconds (ps). This unusual THz PC response observed in the 5 nm PtTe 2 film was found to be absent in a 2 nm PtTe 2 film. We assign the unexpected negative THz PC as the small polaron formation due to the strong electron-E g -mode phonon coupling, which is further substantiated by pump fluence-and temperature-dependent measurements as well as the Raman spectroscopy. Moreover, our investigations give a subpicosecond time scale of sequential carrier cooling and polaron formation. The present study provides deep insights into the underlying dynamics evolution mechanisms of photocarrier in type-II Dirac semimetal upon photoexcitation, which is fundamental importance for designing PtTe 2 -based optoelectronic devices.