Company: PTC
Filing Date: 2025-12-23
Form Type: DEF 14A
Source: 0001104659-25-124170
Chunk: 21

Company: PTC INC.
Filing Date: 2025-12-23
Form: DEF 14A
Chunk 21
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 hedging or pledging of PTC common stock by executives                   
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| ​ | 32 | ​ | ​ |     | ​ | ​ | 2026 PROXY STATEMENT | ​ | ​ |     | ​ |

TABLE OF CONTENTS

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

Our Compensation Design Our executives’ compensation consists of the elements shown in the following table. These components provide a mix of fixed compensation and at-risk compensation that promote short-term and long-term performance while rewarding our executives appropriately for their performance. Our design considers prior-year say-on-pay votes and shareholder feedback received as part of our shareholder engagement process. We believe our most recent say-on-pay support vote of 93% reflects shareholder approval of the current structure of our executives’ compensation. How We Pay 2025 Compensation Design

| ​ |     | ​ | ​ | 2026 PROXY STATEMENT | ​ | ​ |     | ​ | ​ | 33 | ​ |

TABLE OF CONTENTS

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

Compensation Elements & Purpose and Performance Measures

| ​ | 34 | ​ | ​ |     | ​ | ​ |