Company: PTC
Filing Date: 2025-12-23
Form Type: DEF 14A
Source: 0001104659-25-124170
Chunk: 53

Company: PTC INC.
Filing Date: 2025-12-23
Form: DEF 14A
Chunk 53
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 ​ | 2026 PROXY STATEMENT | ​ | ​ |     | ​ | ​ | 55 | ​ |

TABLE OF CONTENTS

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

Additional Compensation Matters Pay Ratio Disclosure In accordance with SEC rules, we calculated the ratio between the 2025 compensation of our CEO and the median of 2025 compensation of all our other employees, which pay ratio is a reasonable estimate calculated in a manner consistent with applicable SEC rules. Using reasonable estimates and assumptions permitted under the SEC rules, we gathered the annualized base salary and annual target incentive compensation for all employees worldwide, other than our CEO, to identify the median employee. We then calculated the 2025 median employee compensation to be $90,135 based on the methodology used for the Summary Compensation Table. Our CEO’s 2025 compensation, as disclosed in the Summary Compensation Table, was $24,315,129 , resulting in a ratio of 270 :1 between our CEO’s 2025 compensation and the 2025 median employee compensation. To put this ratio into context, we note that we have a worldwide employee population, with approximately 68% of our employees located outside the U.S. where the competitive amounts we pay differ by country and region. The competitive compensation rates we pay in those countries significantly impact the pay ratio. We also note that the SEC rules for identifying the median employee and calculating the pay ratio based on that employee’s annual total compensation allow companies to adopt a variety of methodologies, to apply certain exclusions and to make reasonable estimates and assumptions that reflect their compensation practices. As such, the pay ratio reported by other companies may not be comparable to the pay ratio reported above, as other companies may have a different geographic distribution of employees, different employment and compensation practices and may use different methodologies, exclusions, estimates and assumptions in calculating their pay ratios. Pay versus Performance Disclosure The table below has been prepared in