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Neil Barua received $16.4M in total compensation as President and Chief Executive Officer of PTC INC. in FY2024. The largest component was $14.0M in stock awards. That’s up 15% from FY2023. Source: SEC DEF 14A.
In fiscal year 2024, Neil Barua, President and Chief Executive Officer of PTC INC. (PTC), received total compensation of $16.4 million.
Neil Barua's compensation breakdown includes: base salary of $800K, stock awards valued at $14.0 million, non-equity incentive compensation of $1.6 million, and other compensation of $12K.
Compared to fiscal year 2023, Neil Barua's total compensation increased 5% from $15.6 million to $16.4 million.
PTC INC.'s top 6 named executive officers received combined total compensation of $54.5 million in fiscal year 2024.
The named executive officers disclosed in PTC INC.'s 2024 proxy statement are:Neil Barua (President and Chief Executive Officer) with total compensation of $16.4 million, James Heppelmann (Former Chief Executive Officer) with total compensation of $13.5 million, Michael Di Tullio (Former President and Chief Operating Officer) with total compensation of $8.1 million, Kristian Talvitie (EVP Chief Financial Officer) with total compensation of $7.7 million, Aaron Von Staats (EVP General Counsel) with total compensation of $4.7 million, and Catherine Kniker (EVP Chief Marketing and Sustainability Officer) with total compensation of $4.0 million.
Source Filing
Executive Record
Neil Barua
President and Chief Executive Officer
Reported Pay
$16.4MSummary compensation table total · FY2024
Findings
Reviewing FY2024 compensation of $16.4M against +5% shareholder return and the latest filing-backed pay disclosures.
Reported pay changed +15%; spread versus stock performance is pending computation.
Evidence is sourced from the latest executive compensation filing and return series for PTC.
Team view
6 executives
President and Chief Executive Officer
Total PayFY2024
$16.4M
Former Chief Executive Officer
Total PayFY2024
$13.5M
Former President and Chief Operating Officer
Total PayFY2024
$8.1M
EVP Chief Financial Officer
Total PayFY2024
$7.7M
EVP General Counsel
Total PayFY2024
$4.7M
EVP Chief Marketing and Sustainability Officer
Total PayFY2024
$4.0M
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01FY2024 total compensation breakdown
$16.4M total compensation
Neil Barua earned $16.4M in FY2024— here's how that breaks down.
$14.0M
85% of total
$1.6M
10% of total
$800.0K
5% of total
$11.5K
0% of total
A pay-performance summary will appear here once the verdict loads above.
02Pay changes vs. stock performance
1 year of data
Peer context
Dashed line marks the large-cap median compensation benchmark for companies around $14.8B market cap, based on 333 peers in this size band.
03Recent insider trades by officers and directors
~40 trades
04Showing FY2024 data (latest available)
FY2026does not include director compensation in our current dataset, so we're showing the latest board table we found.
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06For analysts and deep research
Historical compensation data from latest proxy filing
| Year | Executive | Salary | Bonus & Incentive | Stock Awards | Option Awards | Other Adj. | Total |
|---|---|---|---|---|---|---|---|
| 2024 | $0.80M | $1.62M | $14.0M | $0.00M | $0.01M | $16.4M | |
| 2023 | $0.43M | $0.67M | $12.7M | $0.00M | $0.39M | $14.2M |
Salary = base cash pay. Bonus & Incentive combines annual bonus and non-equity plans. Equity amounts are grant-date fair values. Other Adj. captures pension changes, perquisites, and any reconciliation items so the total matches the reported figure.
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PTC INC. (PTC) — Key Facts
Last updated Jun 27, 2026 · DEF 14A filed Jan 2, 2025
| CEO | Neil Barua, President and Chief Executive Officer |
|---|---|
| Fiscal year | FY2024 |
| Total compensation | $16.4M |
| Base salary | $800K |
| Stock awards | $14.0M |
| Other compensation | $12K |
| Year-over-year change | +15% |
| Source | DEF 14A, 2025-01-02 |
Neil Barua, the President and Chief Executive Officer of PTC INC., received total compensation of $16.4 million in fiscal year 2024. This includes base salary of $800,000 and stock awards valued at $14.0 million.
Neil Barua's base salary at PTC INC. is $800,000 per year as of fiscal year 2024. However, total compensation including stock awards, bonuses, and other benefits is $16.4 million.
PTC INC.'s CEO, Neil Barua, earned $16.4 million in total compensation for fiscal year 2024. The majority of this compensation comes from stock awards ($14.0 million) rather than base salary ($800,000).