PTC (PTC) executive compensation, 2025 proxy

Neil Barua, President and Chief Executive Officer, was paid $24.3M in 2025, up 48% from $16.4M the year before. The CEO-to-median-employee pay ratio was 270:1, on median employee pay of $90,135.

Filed
December 23, 2025
Annual meeting
February 11, 2026
Pay year
2025
Named executives
5
CEO total pay
$24.3M+48% vs prior year
CEO to median employee
270:1median $90,135
CEO pay in equity
89%$21.7M in awards
Prior say-on-pay support
93%of votes cast
CEO Base Salary
$800,000Unchanged from prior year
Free Cash Flow
$857MFiscal 2025 performance measure
Annual Run Rate
$2.48BFiscal 2025 ending ARR

How Barua was paid

$24.3M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary3%Stock awards89%Non-equity incentive7%All other compensation1%

Named executive officers

ExecutiveTotal
Neil BaruaPresident and Chief Executive Officer$24,315,129
Kristian TalvitieEVP, Chief Financial Officer$7,852,747
Robert DahdahEVP, Chief Revenue Officer$14,209,325
Aaron von StaatsEVP, Chief Legal Officer$5,782,582
Catherine KnikerEVP, Chief Marketing and Sustainability Officer$5,370,104

What changed and why

  • $24.3MNeil Barua received total compensation of $24,315,129 in fiscal 2025, up from $16,399,903 in fiscal 2024.
  • 50%The performance-based portion of the CEO target annual equity award increased from 50% to 60% PRSUs.
  • An individual performance modifier was incorporated into the short-term incentive plan for named executive officers.
  • Robert Dahdah joined the company as Executive Vice President, Chief Revenue Officer in December 2024.
  • $857MThe company achieved record operating and free cash flow with free cash flow reaching $857 million.
  • 93%Shareholders approved the previous say-on-pay proposal with a 93% support vote.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.