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

Company: PTC INC.
Filing Date: 2025-12-23
Form: DEF 14A
Chunk 14
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 made to our directors’ compensation for the 2025 Board year. We provide a higher annual retainer for service as the Board Chair of the Board given the additional work required by that position, but do not pay a committee chair retainer to the Chair of the Board for service as the Chair of any committee. We provide different retainers for the Chairs and members of the various committees based on the anticipated level of work required with respect to the position and the committee. We also believe that providing a majority of our directors’ annual retainer compensation in the form of equity rather than cash serves to further align the interests of our directors with our shareholders as they become shareholders themselves. For the same reason, we provide new director equity grants when a director first joins PTC. For 2025, in accordance with our established practice, we made a standard new director equity grant to each of Trac Pham and James Lico upon joining the Board this past year. Each grant was equal to 1.5x the annual equity retainer and vests in two substantially equal installments. Based on the appointment dates for each of Mr. Pham and Mr. Lico, their awards vest in March 2026 and 2027 and October 2026 and 2027, respectively.

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TABLE OF CONTENTS

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

2025 Director Compensation The amounts shown in the Fees Earned or Paid in Cash column of the table are each non-employee director’s annual board and committee retainer fees paid for the year. The amounts shown in the Stock Awards column of the table are the grant date value of the equity awards (RSUs) made to the directors during the year.

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