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PTC Inc Executive Compensation (FY25)

PTC · Boston, MA · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Neil Barua
Latest say-on-pay support
=
February 11, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of October 22, 2026Latest filing (8-K): February 11, 2026
15 filings cited on this page
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372 figures on this page: 361 cited to the filing that reported them, 11 calculated from figures it prints. See the citations

More on PTC Inc

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Neil Barua: $16,399,903 → $24,315,129 (48.3% higher)
Say-on-pay support: 93.5% → 92.3% (1.2 points lower)
CEO pay ratio: 182:1 → 270:1 (48.4% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is PTC Inc's chief executive and what were they paid?
Neil Barua was paid $24,315,129 in total compensation as President and Chief Executive Officer for fiscal 2025. Barua's total moved 48.3% higher from the $16,399,903 reported for fiscal 2024.
What was PTC Inc's say-on-pay result?
The say-on-pay proposal drew 92.3% of votes cast for or against in favor at the meeting held February 11, 2026 for fiscal 2025.
Which companies are in PTC Inc's peer group?
The disclosed peer group includes Akamai Technologies, Inc., ANSYS, Inc., Autodesk, Inc., Bentley Systems, Inc. and Cadence Design Systems, among others.
What is PTC Inc's chief executive pay ratio?
The company reported a chief executive pay ratio of 270:1 for fiscal 2025, against median employee compensation of $90,135.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
James Heppelmann
Former Chief Executive Officer
◇—◇—◇—◇◇
Troy Richardson
Former President, Digital Thread Business
Departed during or after this year
◇—◇—◇—◇◇
Kristian Talvitie
EVP, Chief Financial Officer
◇—◇—◇—◇◇
Michael DiTullio
Former President and Chief Operating Officer
◇—◇—◇—◇◇
Aaron von Staats
EVP, General Counsel
◇—◇—◇—◇◇
Catherine Kniker
EVP, Chief Marketing and Sustainability Officer
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
James Heppelmann
Former Chief Executive Officer
◇—◇—◇—◇◇
Neil Barua
President and Chief Executive Officer
◇—◇—◇—◇◇
Michael DiTullio
Former President and Chief Operating Officer
◇—◇—◇—◇◇
Kristian Talvitie
EVP, Chief Financial Officer
◇—◇—◇—◇◇
Aaron von Staats
EVP, Chief Legal Officer
◇—◇—◇—◇◇
Catherine Kniker
EVP, Chief Marketing and Sustainability Officer
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Neil Barua
President and Chief Executive Officer
◇—◇—◇—◇◇
Robert Dahdah
Executive Vice President, Chief Revenue Officer
◇—◇—◇—◇◇
James Heppelmann
Former Chief Executive Officer
Departed during or after this year
◇—◇———◇◇
Michael DiTullio
Former President and Chief Operating Officer
Departed during or after this year
◇—◇—◇—◇◇
Kristian Talvitie
EVP, Chief Financial Officer
◇—◇—◇—◇◇
Aaron von Staats
EVP, Chief Legal Officer
◇—◇—◇—◇◇
Catherine Kniker
EVP, Chief Marketing and Sustainability Officer
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Neil Barua
President and Chief Executive Officer
◇—◇—◇—◇◇
Robert Dahdah
EVP, Chief Revenue Officer
◇—◇—◇—◇◇
Kristian Talvitie
EVP, Chief Financial Officer
◇—◇—◇—◇◇
Aaron von Staats
EVP, Chief Legal Officer
◇—◇—◇—◇◇
Catherine Kniker
EVP, Chief Marketing and Sustainability Officer
◇—◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Aaron von StaatsPSU◇◇◇—◇—◇
Aaron von StaatsRSU◇——◇——◇
Aaron von StaatsPSU◇◇◇—◇—◇
Catherine KnikerRSU◇——◇——◇
Catherine KnikerRSU◇——◇——◇
Catherine KnikerPSU◇◇◇—◇—◇
Catherine KnikerPSU◇◇◇—◇—◇
Kristian TalvitiePSU◇◇◇—◇—◇
Kristian TalvitieRSU◇——◇——◇
Kristian TalvitiePSU◇◇◇—◇—◇
Neil BaruaPSU◇◇◇—◇—◇
Neil BaruaRSU◇——◇——◇
Neil BaruaPSU◇◇◇—◇—◇
Robert DahdahRSU◇——◇——◇
Robert DahdahPSU◇◇◇—◇—◇
Robert DahdahRSU◇——◇——◇
Robert DahdahPSU◇◇◇—◇—◇
Fiscal 2022, 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Aaron von StaatsRSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
Neil BaruaPSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
Catherine KnikerPSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
Kristian TalvitieRSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
Robert DahdahPSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Aaron von Staats
EVP, Chief Legal Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
Severance multiple◇
Severance cash amount◇
Change-in-control multiple◇
Equity acceleration on change in control◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇
Catherine Kniker
EVP, Chief Marketing and Sustainability Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
Severance multiple◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇
Kristian Talvitie
EVP, Chief Financial Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
Severance multiple◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇
Neil Barua
President and Chief Executive Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
Severance multiple◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇
Robert Dahdah
EVP, Chief Revenue Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
Severance multiple◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Trac Pham
◇◇————◇
Janice Chaffin
Board chair
◇◇————◇
Paul Lacy
◇◇————◇
Corinna Lathan
◇◇————◇
Mark Benjamin
◇◇————◇
Amar Hanspal
◇◇————◇
Michal Katz
◇◇————◇
Robert Bernshteyn
◇◇————◇
Robert Schechter
◇—————◇
Janesh Moorjani
◇—————◇
Neil Barua and James Lico served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Akamai Technologies, Inc. AKAM
  • ANSYS, Inc. ANSS
  • Autodesk, Inc. ADSK
  • Bentley Systems, Inc. BSY
  • Cadence Design Systems CDNS
  • CrowdStrike Holdings, Inc. CRWD
  • Dayforce Inc. DAY
  • Dynatrace, Inc. DT
  • F5, Inc. FFIV
  • Fair Isaac Corporation FICO
  • Guidewire Software, Inc. GWRE
  • Nutanix, Inc. NTNX
  • Open Text Corporation OTEX
  • Paycom Software, Inc. PAYC
  • Trimble, Inc. TRMB
  • Tyler Technologies, Inc. TYL
  • WEX, Inc. WEX

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025February 11, 2026=◇◇◇
2024February 12, 2025=◇◇◇
2023February 14, 2024=◇◇◇
2022February 16, 2023=◇◇◇
2021January 31, 2022=◇◇◇
2020February 10, 2021=◇◇◇
2019February 12, 2020=◇◇◇
2018March 6, 2019=◇◇◇
2017March 8, 2018=◇◇◇
2016March 1, 2017=◇◇◇
2015March 2, 2016=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

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- Neil Barua (President and Chief Executive Officer), FY2025 total compensation $24,315,129 (base salary $800,000) [exec_comp, SEC accession 0001104659-25-124170, filed 2025-12-23]

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What this page does not include

Everything above is a fact PTC Inc disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where PTC Inc sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
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Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
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Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
372 figures on this page: 361 cited to the filing that reported them, 11 calculated from figures it prints.
361 cited to the filing
11 calculated from the filing

Documents cited

  1. 0001193125-26-046516
  2. 0001104659-25-124170
    CEO Pay Ratio · Compensation Discussion and Analysis · Director Compensation · Grants of Plan-Based Awards · and 2 more sections
  3. 0000950170-25-019859
  4. 0001104659-25-000041
    Summary Compensation Table
  5. 0000950170-24-015850
  6. 0001104659-24-000848
    Summary Compensation Table
  7. 0000950170-23-003309
  8. 0001308179-22-000428
    Summary Compensation Table
  9. 0001564590-22-004006
  10. 0001564590-21-005303
  11. 0001193125-20-035604
  12. 0001654954-19-002484
  13. 0001654954-18-002356
  14. 0001654954-17-001572
  15. 0000857005-16-000054
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
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Velarion, “PTC Inc executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/PTC (accessed 2026).
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Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
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15 filings cited on this page
Method: intel.velarion.ai/methodology
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Tech — Software rankings

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Peers PTC Inc discloses

The companies named in PTC's own disclosed peer group.

Akamai Technologies, Inc.ANSYS, Inc.Autodesk, Inc.Bentley Systems, Inc.Cadence Design SystemsCrowdStrike Holdings, Inc.Dayforce Inc.Dynatrace, Inc.F5, Inc.Fair Isaac CorporationGuidewire Software, Inc.Nutanix, Inc.Paycom Software, Inc.Trimble, Inc.Tyler Technologies, Inc.WEX, Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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