Company: PTC
Filing Date: 2025-12-23
Form Type: DEF 14A
Source: 0001104659-25-124170
Chunk: 25

Company: PTC INC.
Filing Date: 2025-12-23
Form: DEF 14A
Chunk 25
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 determined that each of the NEOs had earned the following percentages of their 2025 CIP Target bonuses. No discretion was applied for individual performance due to the collaborative leadership demonstrated in achieving PTC’s strategic objectives for the year.

| ​ | Name              | ​ | ​ | ​ | % 2025 CIPTarget Earned |   |      |   | ​ |
| ​ | Neil Barua        | ​ | ​ | ​ | ​                       | ​ | 135% | ​ | ​ |
| ​ | Kristian Talvitie | ​ | ​ | ​ | ​                       | ​ | 135% | ​ | ​ |
| ​ | Robert Dahdah     | ​ | ​ | ​ | ​                       | ​ | 135% | ​ | ​ |
| ​ | Aaron von Staats  | ​ | ​ | ​ | ​                       | ​ | 135% | ​ | ​ |
| ​ | Catherine Kniker  | ​ | ​ | ​ | ​                       | ​ | 135% | ​ | ​ |

The 2025 CIP amounts paid to each NEO are shown in the Summary Compensation Table.

| ​ |     | ​ | ​ | 2026 PROXY STATEMENT | ​ | ​ |     | ​ | ​ | 37 | ​ |

TABLE OF CONTENTS

| ​              | ​ | ​ | ​            | ​ | ​ | ​                   | ​ | ​ | ​                     | ​ | ​ | ​              | ​ | ​ | ​                  | ​ | ​ | ​                         | ​ | ​ | ​               | ​ | ​ | ​          | ​ |
| 2025Highlights | ​ | ​ | ProxySummary | ​ | ​ | CorporateGovernance | ​ | ​ | ExecutiveCompensation | ​ | ​ | AuditorMatters | ​ | ​ | PTC StockOwnership | ​ | ​ | Annual MeetingInformation | ​ | ​ | OtherGovernance | ​ | ​ | Appendix A | ​ |

Long-Term Incentive Compensation Target Equity Opportunities Long-term incentives (“LTI”) are a significant component of our executives’ compensation to emphasize and focus our executives on long-term value creation. LTI awards are granted annually to our NEOs, directly linking their compensation to the Company’s sustained, long-term performance. Grants are made following the completion of annual assessments of our NEOs and an external market analysis of equity practices among our compensation peer group. The Compensation and People Committee evaluates an executive’s individual performance, potential future contributions, market competitiveness,