Velarion · Company Intelligence
Compensation Brief
Fiscal year 2023 · Filings through 2026-06-01

Altair Engineering (ALTR)

CEO James Scapa was paid $7,318,992 in fiscal year 2023, ↑ up 42.3% from fiscal year 2022, the 14th percentile of its disclosed peer group (SEC filing 0001193125-24-087903 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$7,318,992 ↑
James Scapa total, FY2023
14th
CEO pay percentile vs peers
—
CEO-to-median pay ratio
98.02%
Say-on-pay support, latest vote

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Sample answer — “What is the CEO’s total compensation?”
- James Scapa (Chief Executive Officer and Chairman), FY2023 total compensation $7,318,992 (base salary $860,000) [exec_comp, SEC accession 0001193125-24-087903, filed 2024-04-05]

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01

Summary Compensation Table — fiscal year 2023

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
James Scapa$860,000$0$2,477,220$3,185,160$610,000$0$186,612$7,318,992
Chief Executive Officer and Chairman
Matthew Brown435,00001,280,118576,263255,00009,2002,555,581
Chief Financial Officer
Mahalingam Srikanth340,0000387,098414,769160,00002,0001,303,867
Chief Technology Officer
Stephanie Buckner250,0000325,950349,250200,00002,0001,127,200
Chief Operating Officer
Nelson Dias215,0000325,950349,250215,00006,0001,105,200
Chief Revenue Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2023 totalFY2022 totalFY2021 totalΔ FY2022→2023
James Scapa$7,318,992$5,142,001$3,758,011↑ +2,176,991
Matthew Brown2,555,5812,560,3933,208,463↓ −4,812
Mahalingam Srikanth1,303,8671,308,751724,450↓ −4,884
Stephanie Buckner1,127,2001,122,515594,002↑ +4,685
Nelson Dias1,105,200———

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

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Companies that benchmark against ALTR
12 companies name ALTR as a compensation peer

Each company listed discloses ALTR in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named ALTR in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2023 total
Dr. Mary BoyceIndependent Director$270,002
Jim F. AndersonIndependent Director$270,002
Sandra CarterIndependent Director$270,002
Shekar AyyarIndependent Director$270,002
Stephen EarhartIndependent Director$270,002
Trace HarrisIndependent Director$270,002
02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2023 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Ravi KunjuChief Product Strategy Officer2025-01-14A73$82$6,017CommonForm 4 ↗
Brian GayleChief Accounting Officer2025-01-14A73826,017CommonForm 4 ↗
Gilma SaraviaChief People Officer2025-01-14A73826,017CommonForm 4 ↗
Amy MessanoChief Marketing Officer2025-01-14A55824,533CommonForm 4 ↗
Jeffrey MarracciniSee Remarks2025-01-14A73826,017CommonForm 4 ↗
Raoul MaitraChief Legal Officer2025-01-14A73826,017CommonForm 4 ↗
Stephanie BucknerChief Operating Officer2025-01-14A73826,017CommonForm 4 ↗
Matthew BrownChief Financial Officer2025-01-14A73826,017CommonForm 4 ↗
Mahalingam SrikanthChief Technology Officer2025-01-14A73826,017CommonForm 4 ↗
Jeffrey MarracciniSee Remarks2025-02-12A99600CommonForm 4 ↗
Gilma SaraviaChief People Officer2025-02-12A5,79300CommonForm 4 ↗
Stephanie BucknerChief Operating Officer2025-02-12A9,92300CommonForm 4 ↗
Brian GayleChief Accounting Officer2025-02-12A1,79800CommonForm 4 ↗
Raoul MaitraChief Legal Officer2025-02-12A5,45700CommonForm 4 ↗
Mahalingam SrikanthChief Technology Officer2025-02-12A11,05900CommonForm 4 ↗
Ravi KunjuChief Product Strategy Officer2025-02-12A4,28000CommonForm 4 ↗
Matthew BrownChief Financial Officer2025-02-12A17,61300CommonForm 4 ↗
James Ralph ScapaDirector2025-02-12A72,55500CommonForm 4 ↗
Amy MessanoChief Marketing Officer2025-02-12A5,60700CommonForm 4 ↗
Stephanie BucknerChief Operating Officer2025-02-12A32300CommonForm 4 ↗
Nelson DiasChief Revenue Officer2025-02-12A9,50900CommonForm 4 ↗
Trace HarrisDirector2025-02-25D2,700112301,356CommonForm 4 ↗
Amy MessanoChief Marketing Officer2025-02-26D23511226,210CommonForm 4 ↗
Matthew BrownChief Financial Officer2025-02-26D3,811112425,041CommonForm 4 ↗
Ravi KunjuChief Product Strategy Officer2025-02-26D12011213,384CommonForm 4 ↗
Brian GayleChief Accounting Officer2025-02-26D13711215,280CommonForm 4 ↗
Gilma SaraviaChief People Officer2025-02-26D24311227,102CommonForm 4 ↗
Nelson DiasChief Revenue Officer2025-02-26D37311241,601CommonForm 4 ↗
Raoul MaitraChief Legal Officer2025-02-26D18811220,968CommonForm 4 ↗
Stephanie BucknerChief Operating Officer2025-03-03D621116,910CommonForm 4 ↗
Matthew BrownChief Financial Officer2025-03-03D74211182,696CommonForm 4 ↗
Gilma SaraviaChief People Officer2025-03-03D26411129,423CommonForm 4 ↗
Ravi KunjuChief Product Strategy Officer2025-03-03D12111113,485CommonForm 4 ↗
Raoul MaitraChief Legal Officer2025-03-03D24011126,748CommonForm 4 ↗
Amy MessanoChief Marketing Officer2025-03-03D25511128,420CommonForm 4 ↗
Nelson DiasChief Revenue Officer2025-03-03D49111154,722CommonForm 4 ↗
Brian GayleChief Accounting Officer2025-03-03D18411120,507CommonForm 4 ↗
Jeffrey MarracciniSee Remarks2025-03-03D19711121,956CommonForm 4 ↗
Matthew BrownChief Financial Officer2025-03-06D2,52700CommonForm 4 ↗
Trace HarrisDirector2025-03-06D45011149,984CommonForm 4 ↗
Amy MessanoChief Marketing Officer2025-03-17D41611146,301CommonForm 4 ↗
James Ralph ScapaDirector2025-03-17D91111,002CommonForm 4 ↗
Jeffrey MarracciniSee Remarks2025-03-17D9011110,017CommonForm 4 ↗
Brian GayleChief Accounting Officer2025-03-17D18211120,257CommonForm 4 ↗
Raoul MaitraChief Legal Officer2025-03-17D40311144,854CommonForm 4 ↗
Nelson DiasChief Revenue Officer2025-03-17D1,671111185,982CommonForm 4 ↗
Gilma SaraviaChief People Officer2025-03-17D42511147,303CommonForm 4 ↗
Ravi KunjuChief Product Strategy Officer2025-03-17D22911125,488CommonForm 4 ↗
Stephanie BucknerChief Operating Officer2025-03-17D471115,231CommonForm 4 ↗
Gilma SaraviaChief People Officer2025-03-18D42511147,303CommonForm 4 ↗
Nelson DiasChief Revenue Officer2025-03-26D5,44351277,974Derivative, Class A CommonForm 4 ↗
GC Investments LLCGreater-than-10% holder2025-03-26D4,044,004113456,972,452Derivative, Class A CommonForm 4 ↗
GC Investments LLCGreater-than-10% holder2025-03-26D300,00011333,900,000CommonForm 4 ↗
George J. ChristGreater-than-10% holder2025-03-26D4,481,778113506,440,914Derivative, Class A CommonForm 4 ↗
Dr. Mary BoyceDirector2025-03-26D31,2421133,530,346CommonForm 4 ↗
Matthew BrownChief Financial Officer2025-03-26D45,000552,488,500Derivative, Class A CommonForm 4 ↗
Matthew BrownChief Financial Officer2025-03-26D66,1251137,472,125CommonForm 4 ↗
Amy MessanoChief Marketing Officer2025-03-26D9,20834312,796Derivative, Class A CommonForm 4 ↗
Amy MessanoChief Marketing Officer2025-03-26D8,85548423,358Derivative, Class A CommonForm 4 ↗
Amy MessanoChief Marketing Officer2025-03-26D8,20051419,922Derivative, Class A CommonForm 4 ↗
Amy MessanoChief Marketing Officer2025-03-26D5,63573412,369Derivative, Class A CommonForm 4 ↗
JRS Investments LLCGreater-than-10% holder2025-03-26D6,626,682113748,815,066Derivative, Class A CommonForm 4 ↗
Ravi KunjuChief Product Strategy Officer2025-03-26D4,20051215,082Derivative, Class A CommonForm 4 ↗
Gilma SaraviaChief People Officer2025-03-26D22,500731,646,550Derivative, Class A CommonForm 4 ↗
Trace HarrisDirector2025-03-26D4,000108431,280Derivative, Class A CommonForm 4 ↗
James Ralph ScapaDirector2025-03-26D6,626,682113748,815,066Derivative, Class A CommonForm 4 ↗
Jeffrey MarracciniSee Remarks2025-03-26D8766355,092Derivative, Class A CommonForm 4 ↗
Raoul MaitraChief Legal Officer2025-03-26D6,60051337,986Derivative, Class A CommonForm 4 ↗
Raoul MaitraChief Legal Officer2025-03-26D12,00061731,640Derivative, Class A CommonForm 4 ↗
Raoul MaitraChief Legal Officer2025-03-26D24,000671,610,160Derivative, Class A CommonForm 4 ↗
Raoul MaitraChief Legal Officer2025-03-26D8,000109873,280Derivative, Class A CommonForm 4 ↗
Mahalingam SrikanthChief Technology Officer2025-03-26D8,50051435,285Derivative, Class A CommonForm 4 ↗
Mahalingam SrikanthChief Technology Officer2025-03-26D1,47283121,955Derivative, Class A CommonForm 4 ↗
George J. ChristGreater-than-10% holder2025-03-26D4,044,004113456,972,452Derivative, Class A CommonForm 4 ↗
Trace HarrisDirector2025-03-26D12,0201081,303,930Derivative, Class A CommonForm 4 ↗
Jeffrey MarracciniSee Remarks2025-03-26D24,000671,610,160Derivative, Class A CommonForm 4 ↗
Nelson DiasChief Revenue Officer2025-03-26D55,4111136,261,443CommonForm 4 ↗
James Ralph ScapaDirector2025-03-26D10,241,1101131,157,245,430Derivative, Class A CommonForm 4 ↗
James Ralph ScapaDirector2025-03-26D10,6951081,153,135Derivative, Class A CommonForm 4 ↗
Brian GayleChief Accounting Officer2025-03-26D3,20334108,806Derivative, Class A CommonForm 4 ↗
George J. ChristGreater-than-10% holder2025-03-26D300,00011333,900,000Common, indirectForm 4 ↗
George J. ChristGreater-than-10% holder2025-03-26D187,47511321,184,675Common, indirectForm 4 ↗
Jim F. AndersonDirector2025-03-26D15,2291131,720,877CommonForm 4 ↗
Amy MessanoChief Marketing Officer2025-03-26D22,9801132,596,740CommonForm 4 ↗
Nelson DiasChief Revenue Officer2025-03-26D12,50048597,625Derivative, Class A CommonForm 4 ↗
Nelson DiasChief Revenue Officer2025-03-26D22,500611,371,825Derivative, Class A CommonForm 4 ↗
George J. ChristGreater-than-10% holder2025-03-26D187,47511321,184,675Common, indirectForm 4 ↗
Shekar AyyarDirector2025-03-26D11,3121131,278,256CommonForm 4 ↗
Christ Revocable TrustGreater-than-10% holder2025-03-26D4,481,778113506,440,914Derivative, Class A CommonForm 4 ↗
Sandra CarterDirector2025-03-26D13,3891131,512,957CommonForm 4 ↗
Ravi KunjuChief Product Strategy Officer2025-03-26D10,00068683,700Derivative, Class A CommonForm 4 ↗
Ravi KunjuChief Product Strategy Officer2025-03-26D12,00061731,640Derivative, Class A CommonForm 4 ↗
Ravi KunjuChief Product Strategy Officer2025-03-26D12,00073878,160Derivative, Class A CommonForm 4 ↗
Ravi KunjuChief Product Strategy Officer2025-03-26D34,3881133,885,844CommonForm 4 ↗
Gilma SaraviaChief People Officer2025-03-26D9,52134323,428Derivative, Class A CommonForm 4 ↗
Gilma SaraviaChief People Officer2025-03-26D9,16848438,322Derivative, Class A CommonForm 4 ↗
Gilma SaraviaChief People Officer2025-03-26D24,000671,610,160Derivative, Class A CommonForm 4 ↗
Gilma SaraviaChief People Officer2025-03-26D8,50051435,285Derivative, Class A CommonForm 4 ↗
Gilma SaraviaChief People Officer2025-03-26D6,28051320,720Derivative, Class A CommonForm 4 ↗
Gilma SaraviaChief People Officer2025-03-26D22,500611,371,825Derivative, Class A CommonForm 4 ↗
Trace HarrisDirector2025-03-26D18,0921132,044,396CommonForm 4 ↗
James Ralph ScapaDirector2025-03-26D123,000344,178,310Derivative, Class A CommonForm 4 ↗
James Ralph ScapaDirector2025-03-26D114,000485,450,340Derivative, Class A CommonForm 4 ↗
James Ralph ScapaDirector2025-03-26D80,000483,876,800Derivative, Class A CommonForm 4 ↗
James Ralph ScapaDirector2025-03-26D40,000512,042,800Derivative, Class A CommonForm 4 ↗
James Ralph ScapaDirector2025-03-26D40,000833,314,000Derivative, Class A CommonForm 4 ↗
James Ralph ScapaDirector2025-03-26D15,000751,123,350Derivative, Class A CommonForm 4 ↗
James Ralph ScapaDirector2025-03-26D1,184113133,792CommonForm 4 ↗
James Ralph ScapaDirector2025-03-26D190,50511321,527,065CommonForm 4 ↗
Jeffrey MarracciniSee Remarks2025-03-26D1,8223461,893Derivative, Class A CommonForm 4 ↗
Jeffrey MarracciniSee Remarks2025-03-26D5,95748284,804Derivative, Class A CommonForm 4 ↗
Jeffrey MarracciniSee Remarks2025-03-26D5,462113617,206CommonForm 4 ↗
Raoul MaitraChief Legal Officer2025-03-26D8,75034297,238Derivative, Class A CommonForm 4 ↗
Raoul MaitraChief Legal Officer2025-03-26D8,33348398,401Derivative, Class A CommonForm 4 ↗
Raoul MaitraChief Legal Officer2025-03-26D6,28051320,720Derivative, Class A CommonForm 4 ↗
Raoul MaitraChief Legal Officer2025-03-26D12,00073878,160Derivative, Class A CommonForm 4 ↗
Raoul MaitraChief Legal Officer2025-03-26D1,0518387,075Derivative, Class A CommonForm 4 ↗
Raoul MaitraChief Legal Officer2025-03-26D2,728108294,133Derivative, Class A CommonForm 4 ↗
Raoul MaitraChief Legal Officer2025-03-26D1,900109207,784Derivative, Class A CommonForm 4 ↗
Brian GayleChief Accounting Officer2025-03-26D7,75048370,528Derivative, Class A CommonForm 4 ↗
Brian GayleChief Accounting Officer2025-03-26D5,50051281,655Derivative, Class A CommonForm 4 ↗
Brian GayleChief Accounting Officer2025-03-26D5,44351277,974Derivative, Class A CommonForm 4 ↗
Brian GayleChief Accounting Officer2025-03-26D22,500611,371,825Derivative, Class A CommonForm 4 ↗
Brian GayleChief Accounting Officer2025-03-26D22,500731,646,550Derivative, Class A CommonForm 4 ↗
Brian GayleChief Accounting Officer2025-03-26D1,0918491,404Derivative, Class A CommonForm 4 ↗
Brian GayleChief Accounting Officer2025-03-26D1,417108152,781Derivative, Class A CommonForm 4 ↗
Brian GayleChief Accounting Officer2025-03-26D18,0081132,034,904CommonForm 4 ↗
Mahalingam SrikanthChief Technology Officer2025-03-26D3,804109416,005Derivative, Class A CommonForm 4 ↗
Mahalingam SrikanthChief Technology Officer2025-03-26D7,136109778,966Derivative, Class A CommonForm 4 ↗
Stephanie BucknerChief Operating Officer2025-03-26D1,7804885,102Derivative, Class A CommonForm 4 ↗
Stephanie BucknerChief Operating Officer2025-03-26D1,4576391,631Derivative, Class A CommonForm 4 ↗
Stephanie BucknerChief Operating Officer2025-03-26D22,500611,371,825Derivative, Class A CommonForm 4 ↗
Stephanie BucknerChief Operating Officer2025-03-26D9358377,465Derivative, Class A CommonForm 4 ↗
Stephanie BucknerChief Operating Officer2025-03-26D30010832,346Derivative, Class A CommonForm 4 ↗
Stephanie BucknerChief Operating Officer2025-03-26D7,588113857,444CommonForm 4 ↗
Amy MessanoChief Marketing Officer2025-03-26D24,000671,610,160Derivative, Class A CommonForm 4 ↗
Amy MessanoChief Marketing Officer2025-03-26D4,85651247,996Derivative, Class A CommonForm 4 ↗
Ravi KunjuChief Product Strategy Officer2025-03-26D6,66734226,478Derivative, Class A CommonForm 4 ↗
Ravi KunjuChief Product Strategy Officer2025-03-26D4,70048224,707Derivative, Class A CommonForm 4 ↗
Stephanie BucknerChief Operating Officer2025-03-26D4,28633141,181Derivative, Class A CommonForm 4 ↗
Stephanie BucknerChief Operating Officer2025-03-26D6,00073439,080Derivative, Class A CommonForm 4 ↗
Stephanie BucknerChief Operating Officer2025-03-26D14,06334477,720Derivative, Class A CommonForm 4 ↗
Stephanie BucknerChief Operating Officer2025-03-26D24,000671,610,160Derivative, Class A CommonForm 4 ↗
Ravi KunjuChief Product Strategy Officer2025-03-26D24,000671,610,160Derivative, Class A CommonForm 4 ↗
Brian GayleChief Accounting Officer2025-03-26D24,000671,610,160Derivative, Class A CommonForm 4 ↗
Mahalingam SrikanthChief Technology Officer2025-03-26D14,84548709,739Derivative, Class A CommonForm 4 ↗
Mahalingam SrikanthChief Technology Officer2025-03-26D49,8751135,635,875CommonForm 4 ↗
Matthew BrownChief Financial Officer2025-03-26D21,56334732,495Derivative, Class A CommonForm 4 ↗
Matthew BrownChief Financial Officer2025-03-26D20,62548986,081Derivative, Class A CommonForm 4 ↗
Matthew BrownChief Financial Officer2025-03-26D24,000671,610,160Derivative, Class A CommonForm 4 ↗
Matthew BrownChief Financial Officer2025-03-26D8,00050400,720Derivative, Class A CommonForm 4 ↗
Matthew BrownChief Financial Officer2025-03-26D12,00051614,520Derivative, Class A CommonForm 4 ↗
Amy MessanoChief Marketing Officer2025-03-26D22,500611,371,825Derivative, Class A CommonForm 4 ↗
James R. Scapa Declaration of TrustGreater-than-10% holder2025-03-26D10,241,1101131,157,245,430Derivative, Class A CommonForm 4 ↗
Stephanie BucknerChief Operating Officer2025-03-26D12,50048597,625Derivative, Class A CommonForm 4 ↗
Stephanie BucknerChief Operating Officer2025-03-26D6,28051320,720Derivative, Class A CommonForm 4 ↗
Stephanie BucknerChief Operating Officer2025-03-26D31,3521133,542,776CommonForm 4 ↗
Stephanie BucknerChief Operating Officer2025-03-26D6,00061365,820Derivative, Class A CommonForm 4 ↗
Stephanie BucknerChief Operating Officer2025-03-26D8,00067536,720Derivative, Class A CommonForm 4 ↗
Stephanie BucknerChief Operating Officer2025-03-26D6,00051307,260Derivative, Class A CommonForm 4 ↗
Stephanie BucknerChief Operating Officer2025-03-26D20,700731,514,826Derivative, Class A CommonForm 4 ↗
Mahalingam SrikanthChief Technology Officer2025-03-26D24,000671,610,160Derivative, Class A CommonForm 4 ↗
Mahalingam SrikanthChief Technology Officer2025-03-26D6,28051320,720Derivative, Class A CommonForm 4 ↗
Mahalingam SrikanthChief Technology Officer2025-03-26D22,500611,371,825Derivative, Class A CommonForm 4 ↗
Mahalingam SrikanthChief Technology Officer2025-03-26D15,62534530,781Derivative, Class A CommonForm 4 ↗
Mahalingam SrikanthChief Technology Officer2025-03-26D22,500731,646,550Derivative, Class A CommonForm 4 ↗
Mahalingam SrikanthChief Technology Officer2025-03-26D35,1681083,791,814Derivative, Class A CommonForm 4 ↗
Nelson DiasChief Revenue Officer2025-03-26D13,43834456,489Derivative, Class A CommonForm 4 ↗
Nelson DiasChief Revenue Officer2025-03-26D24,000671,610,160Derivative, Class A CommonForm 4 ↗
Nelson DiasChief Revenue Officer2025-03-26D11,37551582,514Derivative, Class A CommonForm 4 ↗
Nelson DiasChief Revenue Officer2025-03-26D2948424,631Derivative, Class A CommonForm 4 ↗
Stephen EarhartDirector2025-03-26D65,2421137,372,346CommonForm 4 ↗
Gilma SaraviaChief People Officer2025-03-26D22,0971132,496,961CommonForm 4 ↗
Raoul MaitraChief Legal Officer2025-03-26D31,1121133,515,656CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2023

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Mahalingam SrikanthRSU2023-03-02——5,938—$387,098
Stephanie BucknerRSU2023-03-02——5,000—325,950
Mahalingam SrikanthOPTION2023-03-02——14,845—414,769
Matthew BrownRSU2023-03-02——8,250—537,818
James ScapaRSU2023-03-02——38,000—2,477,220
Matthew BrownOPTION2023-03-02——20,625—576,263
Matthew BrownRSU2023-12-20——10,000—742,300
Nelson DiasRSU2023-03-02——5,000—325,950
Nelson DiasOPTION2023-03-02——12,500—349,250
James ScapaOPTION2023-03-02——114,000—3,185,160
Stephanie BucknerOPTION2023-03-02——12,500—349,250
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Mahalingam Srikanth$387,098$0$414,7690.0%
Stephanie Buckner325,9500349,2500.0%
Matthew Brown1,280,1180576,2630.0%
James Scapa2,477,22003,185,1600.0%
Nelson Dias325,9500349,2500.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2023

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Matthew BrownRSU8,250—$694,238
Matthew BrownRSU3,000—252,450
Stephanie BucknerRSU1,046—88,021
Matthew BrownOption9,00061.79—
Stephanie BucknerRSU233—19,607
Matthew BrownOption22,50057.7—
Nelson DiasRSU5,000—420,750
Mahalingam SrikanthOption24,00045.91—
Nelson DiasOption8,53161.79—
Matthew BrownRSU12,500—1,051,875
Stephanie BucknerRSU5,000—420,750
Mahalingam SrikanthOption6,37561.79—
Matthew BrownOption6,00064.15—
Stephanie BucknerOption12,50065.19—
James ScapaRSU3,292—277,022
Mahalingam SrikanthRSU2,137—179,829
Mahalingam SrikanthRSU368—30,967
James ScapaOption60,00064.54—
James ScapaRSU38,000—3,197,700
Mahalingam SrikanthRSU5,938—499,683
James ScapaRSU17,250—1,451,588
Stephanie BucknerOption23330.15—
James ScapaRSU10,000—841,500
James ScapaRSU4,000—336,600
Nelson DiasRSU2,850—239,828
Stephanie BucknerRSU1,500—126,225
James ScapaOption10,00030.15—
James ScapaOption114,00065.19—
Mahalingam SrikanthOption14,84565.19—
Mahalingam SrikanthRSU1,046—88,021
Matthew BrownOption24,00045.91—
Nelson DiasRSU884—74,389
Stephanie BucknerOption24,00045.91—
Nelson DiasRSU837—70,434
James ScapaOption20,00061.93—
Matthew BrownOption20,62565.19—
Mahalingam SrikanthOption36830.15—
Mahalingam SrikanthOption3,14061.93—
Stephanie BucknerOption3,14061.93—
Nelson DiasOption12,50065.19—
Stephanie BucknerOption4,50061.79—
Nelson DiasOption29429.22—
Nelson DiasOption2,72161.93—
Nelson DiasOption24,00045.91—
05

Incentive-plan design — the Compensation Discussion & Analysis

Our executive compensation program is guided by our overarching philosophy of paying for demonstrable performance, designed to provide market-competitive compensation that attracts, retains, and motivates highly-talented executives while establishing a direct link between financial, operational, and strategic objectives and executive pay. The program aligns executive interests with stockholders by linking long-term incentive compensation to stockholder value creation and cash incentives to annual performance.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantCompensia, Inc.
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20242024-05-16302,379,7556,077,98014,59898.02%Passed
20232023-06-06309,808,5274,458,1201,798,87398.02%Passed
20222022-05-11316,396,5362,962,04821,71699.07%Passed
20212021-06-02335,550,174744,50287,01199.75%Passed
20202020-05-19344,196,3511,238,1261,520,87099.2%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20242024-05-1698.02%a
20232023-06-0698.02%b
20222022-05-1199.07%c

a. Approved under the standard stated in the filing — “As a result, abstentions will have the same practical effect as a negative vote on these proposals, and "broker non-votes" (see below), if any, will not affect the outcome ker as to how to vote and are also invited to attend the Annual Meeting.”.

b. Approved under the standard stated in the filing — “As a result, abstentions will have the same practical effect as a negative vote on these proposals, and "broker non-votes" (see below), if any, will not affect the outcome direct your broker as to how to vote and are also invited to attend the Annual Meeting.”.

c. Approved under the standard stated in the filing — “As a result, abstentions will have the same practical effect as a negative vote on these proposals, and “broker non-votes” (see below), if any, will not affect the outcome o direct your broker as to how to vote and are also invited to attend the Annual Meeting.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

08

Director compensation — fiscal year 2023

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Shekar AyyarIndependent · Audit · Nominating and Corporate Governance · Technology$70,000$200,002$0—$0$270,002
Trace HarrisIndependent · Audit · Compensation (Chair)70,000200,0020—0270,002
Jim F. AndersonIndependent · Compensation · Nominating and Corporate Governance (Chair)70,000200,0020—0270,002
Dr. Mary BoyceIndependent · Technology (Chair) · Nominating and Corporate Governance70,000200,0020—0270,002
Stephen EarhartIndependent · Audit (Chair) · Compensation70,000200,0020—0270,002
Sandra CarterIndependent · Audit · Nominating and Corporate Governance · Technology70,000200,0020—0270,002
James R. ScapaEmployee director—————0
09

Board fee structure and ownership guideline

Annual cash retainer$40,000
Annual equity retainer$200,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)10,000 / 20,000 / 20,000
Stock ownership guideline—
09b

Total cost of the board

ComponentFY2023
Cash retainers and fees$420,000
Equity awards (grant-date value)$1,200,012
All other compensation$0
Total cost of the board$1,620,012

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2023

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Altair Engineering names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Altair Engineering.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1PTC2025Neil Barua$800,000$21,720,456$0$1,620,000$24,315,129
2New Relic2023William Staples585,00022,261,1240367,08823,214,892
3Paylocity Holding2025Toby Williams680,96016,319,5300951,47118,044,482
4Manhattan Associates2025Eric Clark710,00013,000,3280835,37516,697,528
5Workiva2025Julie Iskow625,00014,000,0310937,50015,640,220
6Guidewire Software2025Mike Rosenbaum750,00012,280,2030975,00014,012,061
7BlackLine2025Owen Ryan524,23110,603,0670473,37811,614,676
8Aspen Technology2024Antonio Pietri750,00010,115,5480664,63911,541,446
9SPS Commerce2025Chad Collins609,65810,789,7040011,410,244
10Domo2026Joshua James500,0008,357,0040593,5509,465,244
11Zuora2024Tien Tzuo500,0007,950,0000337,5008,787,500
12Yext2026Michael Walrath482,3087,675,0000503,6088,693,973
13Altair Engineering2023James Scapa860,0002,477,2203,185,160610,0007,318,992
14Ebix2021Robin Raina00003,604,350
15Appian2025Matthew Calkins1,150,0001,760,000002,941,276

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Altair Engineering100%not disclosednot disclosedCompensia, Inc.
Appiannot disclosednot disclosedNonot disclosed
Aspen TechnologyVaried by NEO (e.g., Pietri earned $664,339 against $900,000 target, ~74%; Stagno earned $122,234 against $125,528 target, ~97%; Mouritsen earned $251,922 against $325,000 target, ~78%; Breithaupt earned $38,710 against $375,000 target, ~10%)%RSU 50 · PSU 50NoWillis Towers Watson (WTW)
BlackLine90.1%RSU 50 · PSU 50Yes — Relative TSRCompensia
Domo119%RSU 100NoCompensia
Ebixnot disclosednot disclosednot disclosedErnst & Young LLP
Guidewire Software130%RSU 50 · PRSU 50NoSemler Brossy
Manhattan Associates118%RSU 50 · PSU 50NoWillis Towers Watson
New Relic62.8%RSU 50 · PSU 50NoCompensia
Paylocity Holding138%RSU 50 · PSU 33 · MSU 17NoCompensia
PTC135%PSU 60 · RSU 40Yes — Three Year Relative TSRPearl Meyer & Partners, LLC
SPS Commercenot disclosedRSU 50 · PSU 50Yes — relative TSR performance against the Russell 2000 IndexCompensia, Inc.
Workiva120%RSU 70 · PSU 30NoAlpine Rewards LLC
Yext102.83%RSU 50 · PSU 50NoCompensia
Zuora67.5%not disclosedNoCompensia

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

10d

Frequently asked questions

Who was the highest-paid executive at Altair Engineering in fiscal 2023?
As disclosed, James Scapa (Chief Executive Officer and Chairman) was the highest-paid executive at Altair Engineering in fiscal 2023, with total compensation of $7,318,992.
How does Altair Engineering's chief executive pay compare to its disclosed peer group?
As disclosed, James Scapa's total compensation ranked at the 14th percentile of Altair Engineering's disclosed peer group.
How did shareholders vote on Altair Engineering's executive compensation?
As disclosed, 98.02% of shareholders supported Altair Engineering's executive compensation in the latest say-on-pay vote.
How much does Altair Engineering spend in total on board compensation for fiscal 2023?
As disclosed, Altair Engineering reported total board compensation of $1,620,012 for fiscal 2023.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, James ScapaDEF 14A2024-04-050001193125-24-087903Section “Executive Compensation”. As printed: 7,318,992. Filing ↗machine: r3 · c27 · span 360042–360051
2Section 01, Matthew BrownDEF 14A2024-04-050001193125-24-087903Section “Executive Compensation”. As printed: 2,555,581. Filing ↗machine: r8 · c27 · span 366958–366967
3Section 01, Mahalingam SrikanthDEF 14A2024-04-050001193125-24-087903Section “Executive Compensation”. As printed: 1,303,867. Filing ↗machine: r13 · c27 · span 373987–373996
4Section 01, Stephanie BucknerDEF 14A2024-04-050001193125-24-087903Section “Executive Compensation”. As printed: 1,127,200. Filing ↗machine: r18 · c27 · span 380894–380903
5Section 01, Nelson DiasDEF 14A2024-04-050001193125-24-087903Section “2023 Summary Compensation Table”. As printed: 1,105,200. Filing ↗machine: t99 · r23 · c27 · span 387961–387970
6Section 03, Mahalingam Srikanth RSUDEF 14A2024-04-050001193125-24-087903Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t113 · r8 · c31 · span 460794–460801
7Section 03, Stephanie Buckner RSUDEF 14A2024-04-050001193125-24-087903Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t113 · r10 · c31 · span 465152–465159
8Section 03, Mahalingam Srikanth OPTIONDEF 14A2024-04-050001193125-24-087903Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t113 · r9 · c31 · span 462893–462900
9Section 03, Matthew Brown RSUDEF 14A2024-04-050001193125-24-087903Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t113 · r5 · c31 · span 454286–454293
10Section 03, James Scapa RSUDEF 14A2024-04-050001193125-24-087903Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t113 · r3 · c31 · span 449902–449911
11Section 03, Matthew Brown OPTIONDEF 14A2024-04-050001193125-24-087903Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t113 · r6 · c31 · span 456385–456392
12Section 03, Matthew Brown RSUDEF 14A2024-04-050001193125-24-087903Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t113 · r7 · c31 · span 458533–458540
13Section 03, Nelson Dias RSUDEF 14A2024-04-050001193125-24-087903Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t88 · r7 · c7 · span 317954–317961
14Section 03, Nelson Dias OPTIONDEF 14A2024-04-050001193125-24-087903Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t99 · r23 · c15 · span 387197–387204
15Section 03, James Scapa OPTIONDEF 14A2024-04-050001193125-24-087903Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t113 · r4 · c31 · span 452029–452038
16Section 03, Stephanie Buckner OPTIONDEF 14A2024-04-050001193125-24-087903Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t113 · r11 · c31 · span 467251–467258
17Section 08, Shekar AyyarDEF 14A2024-04-050001193125-24-087903Section “Director Compensation”. As printed: 270,002. Filing ↗machine: span 679336–679343
18Section 08, Trace HarrisDEF 14A2024-04-050001193125-24-087903Section “Director Compensation”. As printed: 270,002. Filing ↗machine: span 676340–676347
19Section 08, Jim F. AndersonDEF 14A2024-04-050001193125-24-087903Section “Director Compensation”. As printed: 270,002. Filing ↗machine: span 677827–677834
20Section 08, Dr. Mary BoyceDEF 14A2024-04-050001193125-24-087903Section “Director Compensation”. As printed: 270,002. Filing ↗machine: span 673344–673351
21Section 08, Stephen EarhartDEF 14A2024-04-050001193125-24-087903Section “Director Compensation”. As printed: 270,002. Filing ↗machine: span 674831–674838
22Section 08, Sandra CarterDEF 14A2024-04-050001193125-24-087903Section “Director Compensation”. As printed: 270,002. Filing ↗machine: span 680821–680828
23Section 08, James R. ScapaDEF 14A2024-04-050001193125-24-087903Section “Director Compensation”. As printed: 0. Filing ↗
24Section 02, Ravi Kunju 2025-01-14Form 42025-01-160001127602-25-001273Insider equity transaction reported since the proxy statement. Filing ↗
25Section 02, Brian Gayle 2025-01-14Form 42025-01-160001127602-25-001275Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, Gilma Saravia 2025-01-14Form 42025-01-160001127602-25-001264Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Amy Messano 2025-01-14Form 42025-01-160001127602-25-001266Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Jeffrey Marraccini 2025-01-14Form 42025-01-160001127602-25-001268Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Raoul Maitra 2025-01-14Form 42025-01-160001127602-25-001271Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Stephanie Buckner 2025-01-14Form 42025-01-160001127602-25-001277Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Matthew Brown 2025-01-14Form 42025-01-160001127602-25-001279Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Mahalingam Srikanth 2025-01-14Form 42025-01-160001127602-25-001262Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Jeffrey Marraccini 2025-02-12Form 42025-02-140001127602-25-004801Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Gilma Saravia 2025-02-12Form 42025-02-140001127602-25-004806Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Stephanie Buckner 2025-02-12Form 42025-02-140001127602-25-004826Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Brian Gayle 2025-02-12Form 42025-02-140001127602-25-004803Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Raoul Maitra 2025-02-12Form 42025-02-140001127602-25-004808Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Mahalingam Srikanth 2025-02-12Form 42025-02-140001127602-25-004812Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Ravi Kunju 2025-02-12Form 42025-02-140001127602-25-004814Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Matthew Brown 2025-02-12Form 42025-02-140001127602-25-004818Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, James Ralph Scapa 2025-02-12Form 42025-02-140001127602-25-004820Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Amy Messano 2025-02-12Form 42025-02-140001127602-25-004828Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Stephanie Buckner 2025-02-12Form 42025-03-050001127602-25-008196Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Nelson Dias 2025-02-12Form 42025-02-140001127602-25-004816Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Trace Harris 2025-02-25Form 42025-02-270001127602-25-007072Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Amy Messano 2025-02-26Form 42025-02-270001127602-25-007087Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Matthew Brown 2025-02-26Form 42025-02-270001127602-25-007093Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, Ravi Kunju 2025-02-26Form 42025-02-270001127602-25-007099Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, Brian Gayle 2025-02-26Form 42025-02-270001127602-25-007089Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, Gilma Saravia 2025-02-26Form 42025-02-270001127602-25-007091Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, Nelson Dias 2025-02-26Form 42025-02-270001127602-25-007095Insider equity transaction reported since the proxy statement. Filing ↗
52Section 02, Raoul Maitra 2025-02-26Form 42025-02-270001127602-25-007097Insider equity transaction reported since the proxy statement. Filing ↗
53Section 02, Stephanie Buckner 2025-03-03Form 42025-03-050001127602-25-008196Insider equity transaction reported since the proxy statement. Filing ↗
54Section 02, Matthew Brown 2025-03-03Form 42025-03-050001127602-25-008198Insider equity transaction reported since the proxy statement. Filing ↗
55Section 02, Gilma Saravia 2025-03-03Form 42025-03-050001127602-25-008200Insider equity transaction reported since the proxy statement. Filing ↗
56Section 02, Ravi Kunju 2025-03-03Form 42025-03-050001127602-25-008202Insider equity transaction reported since the proxy statement. Filing ↗
57Section 02, Raoul Maitra 2025-03-03Form 42025-03-050001127602-25-008204Insider equity transaction reported since the proxy statement. Filing ↗
58Section 02, Amy Messano 2025-03-03Form 42025-03-050001127602-25-008215Insider equity transaction reported since the proxy statement. Filing ↗
59Section 02, Nelson Dias 2025-03-03Form 42025-03-050001127602-25-008206Insider equity transaction reported since the proxy statement. Filing ↗
60Section 02, Brian Gayle 2025-03-03Form 42025-03-050001127602-25-008209Insider equity transaction reported since the proxy statement. Filing ↗
61Section 02, Jeffrey Marraccini 2025-03-03Form 42025-03-050001127602-25-008211Insider equity transaction reported since the proxy statement. Filing ↗
62Section 02, Matthew Brown 2025-03-06Form 42025-03-060001127602-25-008597Insider equity transaction reported since the proxy statement. Filing ↗
63Section 02, Trace Harris 2025-03-06Form 42025-03-060001127602-25-008595Insider equity transaction reported since the proxy statement. Filing ↗
64Section 02, Amy Messano 2025-03-17Form 42025-03-190001127602-25-009917Insider equity transaction reported since the proxy statement. Filing ↗
65Section 02, James Ralph Scapa 2025-03-17Form 42025-03-190001127602-25-009934Insider equity transaction reported since the proxy statement. Filing ↗
66Section 02, Jeffrey Marraccini 2025-03-17Form 42025-03-190001127602-25-009932Insider equity transaction reported since the proxy statement. Filing ↗
67Section 02, Brian Gayle 2025-03-17Form 42025-03-190001127602-25-009925Insider equity transaction reported since the proxy statement. Filing ↗
68Section 02, Raoul Maitra 2025-03-17Form 42025-03-190001127602-25-009927Insider equity transaction reported since the proxy statement. Filing ↗
69Section 02, Nelson Dias 2025-03-17Form 42025-03-190001127602-25-009930Insider equity transaction reported since the proxy statement. Filing ↗
70Section 02, Gilma Saravia 2025-03-17Form 42025-03-190001127602-25-009936Insider equity transaction reported since the proxy statement. Filing ↗
71Section 02, Ravi Kunju 2025-03-17Form 42025-03-210001127602-25-010236Insider equity transaction reported since the proxy statement. Filing ↗
72Section 02, Stephanie Buckner 2025-03-17Form 42025-03-190001127602-25-009919Insider equity transaction reported since the proxy statement. Filing ↗
73Section 02, Gilma Saravia 2025-03-18Form 42025-03-190001127602-25-009915Insider equity transaction reported since the proxy statement. Filing ↗
74Section 02, Nelson Dias 2025-03-26Form 42025-03-260000950170-25-045263Insider equity transaction reported since the proxy statement. Filing ↗
75Section 02, GC Investments LLC 2025-03-26Form 42025-03-260000950170-25-045276Insider equity transaction reported since the proxy statement. Filing ↗
76Section 02, GC Investments LLC 2025-03-26Form 42025-03-260000950170-25-045276Insider equity transaction reported since the proxy statement. Filing ↗
77Section 02, George J. Christ 2025-03-26Form 42025-03-260000950170-25-045288Insider equity transaction reported since the proxy statement. Filing ↗
78Section 02, Dr. Mary Boyce 2025-03-26Form 42025-03-260000950170-25-045320Insider equity transaction reported since the proxy statement. Filing ↗
79Section 02, Matthew Brown 2025-03-26Form 42025-03-260000950170-25-045344Insider equity transaction reported since the proxy statement. Filing ↗
80Section 02, Matthew Brown 2025-03-26Form 42025-03-260000950170-25-045344Insider equity transaction reported since the proxy statement. Filing ↗
81Section 02, Amy Messano 2025-03-26Form 42025-03-260000950170-25-045350Insider equity transaction reported since the proxy statement. Filing ↗
82Section 02, Amy Messano 2025-03-26Form 42025-03-260000950170-25-045350Insider equity transaction reported since the proxy statement. Filing ↗
83Section 02, Amy Messano 2025-03-26Form 42025-03-260000950170-25-045350Insider equity transaction reported since the proxy statement. Filing ↗
84Section 02, Amy Messano 2025-03-26Form 42025-03-260000950170-25-045350Insider equity transaction reported since the proxy statement. Filing ↗
85Section 02, JRS Investments LLC 2025-03-26Form 42025-03-260000950170-25-045354Insider equity transaction reported since the proxy statement. Filing ↗
86Section 02, Ravi Kunju 2025-03-26Form 42025-03-260000950170-25-045355Insider equity transaction reported since the proxy statement. Filing ↗
87Section 02, Gilma Saravia 2025-03-26Form 42025-03-260000950170-25-045356Insider equity transaction reported since the proxy statement. Filing ↗
88Section 02, Trace Harris 2025-03-26Form 42025-03-260000950170-25-045364Insider equity transaction reported since the proxy statement. Filing ↗
89Section 02, James Ralph Scapa 2025-03-26Form 42025-03-260000950170-25-045374Insider equity transaction reported since the proxy statement. Filing ↗
90Section 02, Jeffrey Marraccini 2025-03-26Form 42025-03-260000950170-25-045376Insider equity transaction reported since the proxy statement. Filing ↗
91Section 02, Raoul Maitra 2025-03-26Form 42025-03-260000950170-25-045384Insider equity transaction reported since the proxy statement. Filing ↗
92Section 02, Raoul Maitra 2025-03-26Form 42025-03-260000950170-25-045384Insider equity transaction reported since the proxy statement. Filing ↗
93Section 02, Raoul Maitra 2025-03-26Form 42025-03-260000950170-25-045384Insider equity transaction reported since the proxy statement. Filing ↗
94Section 02, Raoul Maitra 2025-03-26Form 42025-03-260000950170-25-045384Insider equity transaction reported since the proxy statement. Filing ↗
95Section 02, Mahalingam Srikanth 2025-03-26Form 42025-03-260000950170-25-045546Insider equity transaction reported since the proxy statement. Filing ↗
96Section 02, Mahalingam Srikanth 2025-03-26Form 42025-03-260000950170-25-045546Insider equity transaction reported since the proxy statement. Filing ↗
97Section 02, George J. Christ 2025-03-26Form 42025-03-260000950170-25-045288Insider equity transaction reported since the proxy statement. Filing ↗
98Section 02, Trace Harris 2025-03-26Form 42025-03-260000950170-25-045364Insider equity transaction reported since the proxy statement. Filing ↗
99Section 02, Jeffrey Marraccini 2025-03-26Form 42025-03-260000950170-25-045376Insider equity transaction reported since the proxy statement. Filing ↗
100Section 02, Nelson Dias 2025-03-26Form 42025-03-260000950170-25-045263Insider equity transaction reported since the proxy statement. Filing ↗
101Section 02, James Ralph Scapa 2025-03-26Form 42025-03-260000950170-25-045374Insider equity transaction reported since the proxy statement. Filing ↗
102Section 02, James Ralph Scapa 2025-03-26Form 42025-03-260000950170-25-045374Insider equity transaction reported since the proxy statement. Filing ↗
103Section 02, Brian Gayle 2025-03-26Form 42025-03-260000950170-25-045390Insider equity transaction reported since the proxy statement. Filing ↗
104Section 02, George J. Christ 2025-03-26Form 42025-03-260000950170-25-045288Insider equity transaction reported since the proxy statement. Filing ↗
105Section 02, George J. Christ 2025-03-26Form 42025-03-260000950170-25-045288Insider equity transaction reported since the proxy statement. Filing ↗
106Section 02, Jim F. Anderson 2025-03-26Form 42025-03-260000950170-25-045298Insider equity transaction reported since the proxy statement. Filing ↗
107Section 02, Amy Messano 2025-03-26Form 42025-03-260000950170-25-045350Insider equity transaction reported since the proxy statement. Filing ↗
108Section 02, Nelson Dias 2025-03-26Form 42025-03-260000950170-25-045263Insider equity transaction reported since the proxy statement. Filing ↗
109Section 02, Nelson Dias 2025-03-26Form 42025-03-260000950170-25-045263Insider equity transaction reported since the proxy statement. Filing ↗
110Section 02, George J. Christ 2025-03-26Form 42025-03-260000950170-25-045288Insider equity transaction reported since the proxy statement. Filing ↗
111Section 02, Shekar Ayyar 2025-03-26Form 42025-03-260000950170-25-045316Insider equity transaction reported since the proxy statement. Filing ↗
112Section 02, Christ Revocable Trust 2025-03-26Form 42025-03-260000950170-25-045319Insider equity transaction reported since the proxy statement. Filing ↗
113Section 02, Sandra Carter 2025-03-26Form 42025-03-260000950170-25-045335Insider equity transaction reported since the proxy statement. Filing ↗
114Section 02, Ravi Kunju 2025-03-26Form 42025-03-260000950170-25-045355Insider equity transaction reported since the proxy statement. Filing ↗
115Section 02, Ravi Kunju 2025-03-26Form 42025-03-260000950170-25-045355Insider equity transaction reported since the proxy statement. Filing ↗
116Section 02, Ravi Kunju 2025-03-26Form 42025-03-260000950170-25-045355Insider equity transaction reported since the proxy statement. Filing ↗
117Section 02, Ravi Kunju 2025-03-26Form 42025-03-260000950170-25-045355Insider equity transaction reported since the proxy statement. Filing ↗
118Section 02, Gilma Saravia 2025-03-26Form 42025-03-260000950170-25-045356Insider equity transaction reported since the proxy statement. Filing ↗
119Section 02, Gilma Saravia 2025-03-26Form 42025-03-260000950170-25-045356Insider equity transaction reported since the proxy statement. Filing ↗
120Section 02, Gilma Saravia 2025-03-26Form 42025-03-260000950170-25-045356Insider equity transaction reported since the proxy statement. Filing ↗
121Section 02, Gilma Saravia 2025-03-26Form 42025-03-260000950170-25-045356Insider equity transaction reported since the proxy statement. Filing ↗
122Section 02, Gilma Saravia 2025-03-26Form 42025-03-260000950170-25-045356Insider equity transaction reported since the proxy statement. Filing ↗
123Section 02, Gilma Saravia 2025-03-26Form 42025-03-260000950170-25-045356Insider equity transaction reported since the proxy statement. Filing ↗
124Section 02, Trace Harris 2025-03-26Form 42025-03-260000950170-25-045364Insider equity transaction reported since the proxy statement. Filing ↗
125Section 02, James Ralph Scapa 2025-03-26Form 42025-03-260000950170-25-045374Insider equity transaction reported since the proxy statement. Filing ↗
126Section 02, James Ralph Scapa 2025-03-26Form 42025-03-260000950170-25-045374Insider equity transaction reported since the proxy statement. Filing ↗
127Section 02, James Ralph Scapa 2025-03-26Form 42025-03-260000950170-25-045374Insider equity transaction reported since the proxy statement. Filing ↗
128Section 02, James Ralph Scapa 2025-03-26Form 42025-03-260000950170-25-045374Insider equity transaction reported since the proxy statement. Filing ↗
129Section 02, James Ralph Scapa 2025-03-26Form 42025-03-260000950170-25-045374Insider equity transaction reported since the proxy statement. Filing ↗
130Section 02, James Ralph Scapa 2025-03-26Form 42025-03-260000950170-25-045374Insider equity transaction reported since the proxy statement. Filing ↗
131Section 02, James Ralph Scapa 2025-03-26Form 42025-03-260000950170-25-045374Insider equity transaction reported since the proxy statement. Filing ↗
132Section 02, James Ralph Scapa 2025-03-26Form 42025-03-260000950170-25-045374Insider equity transaction reported since the proxy statement. Filing ↗
133Section 02, Jeffrey Marraccini 2025-03-26Form 42025-03-260000950170-25-045376Insider equity transaction reported since the proxy statement. Filing ↗
134Section 02, Jeffrey Marraccini 2025-03-26Form 42025-03-260000950170-25-045376Insider equity transaction reported since the proxy statement. Filing ↗
135Section 02, Jeffrey Marraccini 2025-03-26Form 42025-03-260000950170-25-045376Insider equity transaction reported since the proxy statement. Filing ↗
136Section 02, Raoul Maitra 2025-03-26Form 42025-03-260000950170-25-045384Insider equity transaction reported since the proxy statement. Filing ↗
137Section 02, Raoul Maitra 2025-03-26Form 42025-03-260000950170-25-045384Insider equity transaction reported since the proxy statement. Filing ↗
138Section 02, Raoul Maitra 2025-03-26Form 42025-03-260000950170-25-045384Insider equity transaction reported since the proxy statement. Filing ↗
139Section 02, Raoul Maitra 2025-03-26Form 42025-03-260000950170-25-045384Insider equity transaction reported since the proxy statement. Filing ↗
140Section 02, Raoul Maitra 2025-03-26Form 42025-03-260000950170-25-045384Insider equity transaction reported since the proxy statement. Filing ↗
141Section 02, Raoul Maitra 2025-03-26Form 42025-03-260000950170-25-045384Insider equity transaction reported since the proxy statement. Filing ↗
142Section 02, Raoul Maitra 2025-03-26Form 42025-03-260000950170-25-045384Insider equity transaction reported since the proxy statement. Filing ↗
143Section 02, Brian Gayle 2025-03-26Form 42025-03-260000950170-25-045390Insider equity transaction reported since the proxy statement. Filing ↗
144Section 02, Brian Gayle 2025-03-26Form 42025-03-260000950170-25-045390Insider equity transaction reported since the proxy statement. Filing ↗
145Section 02, Brian Gayle 2025-03-26Form 42025-03-260000950170-25-045390Insider equity transaction reported since the proxy statement. Filing ↗
146Section 02, Brian Gayle 2025-03-26Form 42025-03-260000950170-25-045390Insider equity transaction reported since the proxy statement. Filing ↗
147Section 02, Brian Gayle 2025-03-26Form 42025-03-260000950170-25-045390Insider equity transaction reported since the proxy statement. Filing ↗
148Section 02, Brian Gayle 2025-03-26Form 42025-03-260000950170-25-045390Insider equity transaction reported since the proxy statement. Filing ↗
149Section 02, Brian Gayle 2025-03-26Form 42025-03-260000950170-25-045390Insider equity transaction reported since the proxy statement. Filing ↗
150Section 02, Brian Gayle 2025-03-26Form 42025-03-260000950170-25-045390Insider equity transaction reported since the proxy statement. Filing ↗
151Section 02, Mahalingam Srikanth 2025-03-26Form 42025-03-260000950170-25-045546Insider equity transaction reported since the proxy statement. Filing ↗
152Section 02, Mahalingam Srikanth 2025-03-26Form 42025-03-260000950170-25-045546Insider equity transaction reported since the proxy statement. Filing ↗
153Section 02, Stephanie Buckner 2025-03-26Form 42025-03-260000950170-25-045340Insider equity transaction reported since the proxy statement. Filing ↗
154Section 02, Stephanie Buckner 2025-03-26Form 42025-03-260000950170-25-045340Insider equity transaction reported since the proxy statement. Filing ↗
155Section 02, Stephanie Buckner 2025-03-26Form 42025-03-260000950170-25-045340Insider equity transaction reported since the proxy statement. Filing ↗
156Section 02, Stephanie Buckner 2025-03-26Form 42025-03-260000950170-25-045340Insider equity transaction reported since the proxy statement. Filing ↗
157Section 02, Stephanie Buckner 2025-03-26Form 42025-03-260000950170-25-045340Insider equity transaction reported since the proxy statement. Filing ↗
158Section 02, Stephanie Buckner 2025-03-26Form 42025-03-260000950170-25-045340Insider equity transaction reported since the proxy statement. Filing ↗
159Section 02, Amy Messano 2025-03-26Form 42025-03-260000950170-25-045350Insider equity transaction reported since the proxy statement. Filing ↗
160Section 02, Amy Messano 2025-03-26Form 42025-03-260000950170-25-045350Insider equity transaction reported since the proxy statement. Filing ↗
161Section 02, Ravi Kunju 2025-03-26Form 42025-03-260000950170-25-045355Insider equity transaction reported since the proxy statement. Filing ↗
162Section 02, Ravi Kunju 2025-03-26Form 42025-03-260000950170-25-045355Insider equity transaction reported since the proxy statement. Filing ↗
163Section 02, Stephanie Buckner 2025-03-26Form 42025-03-260000950170-25-045340Insider equity transaction reported since the proxy statement. Filing ↗
164Section 02, Stephanie Buckner 2025-03-26Form 42025-03-260000950170-25-045340Insider equity transaction reported since the proxy statement. Filing ↗
165Section 02, Stephanie Buckner 2025-03-26Form 42025-03-260000950170-25-045340Insider equity transaction reported since the proxy statement. Filing ↗
166Section 02, Stephanie Buckner 2025-03-26Form 42025-03-260000950170-25-045340Insider equity transaction reported since the proxy statement. Filing ↗
167Section 02, Ravi Kunju 2025-03-26Form 42025-03-260000950170-25-045355Insider equity transaction reported since the proxy statement. Filing ↗
168Section 02, Brian Gayle 2025-03-26Form 42025-03-260000950170-25-045390Insider equity transaction reported since the proxy statement. Filing ↗
169Section 02, Mahalingam Srikanth 2025-03-26Form 42025-03-260000950170-25-045546Insider equity transaction reported since the proxy statement. Filing ↗
170Section 02, Mahalingam Srikanth 2025-03-26Form 42025-03-260000950170-25-045546Insider equity transaction reported since the proxy statement. Filing ↗
171Section 02, Matthew Brown 2025-03-26Form 42025-03-260000950170-25-045344Insider equity transaction reported since the proxy statement. Filing ↗
172Section 02, Matthew Brown 2025-03-26Form 42025-03-260000950170-25-045344Insider equity transaction reported since the proxy statement. Filing ↗
173Section 02, Matthew Brown 2025-03-26Form 42025-03-260000950170-25-045344Insider equity transaction reported since the proxy statement. Filing ↗
174Section 02, Matthew Brown 2025-03-26Form 42025-03-260000950170-25-045344Insider equity transaction reported since the proxy statement. Filing ↗
175Section 02, Matthew Brown 2025-03-26Form 42025-03-260000950170-25-045344Insider equity transaction reported since the proxy statement. Filing ↗
176Section 02, Amy Messano 2025-03-26Form 42025-03-260000950170-25-045350Insider equity transaction reported since the proxy statement. Filing ↗
177Section 02, James R. Scapa Declaration of Trust 2025-03-26Form 42025-03-260000950170-25-045338Insider equity transaction reported since the proxy statement. Filing ↗
178Section 02, Stephanie Buckner 2025-03-26Form 42025-03-260000950170-25-045340Insider equity transaction reported since the proxy statement. Filing ↗
179Section 02, Stephanie Buckner 2025-03-26Form 42025-03-260000950170-25-045340Insider equity transaction reported since the proxy statement. Filing ↗
180Section 02, Stephanie Buckner 2025-03-26Form 42025-03-260000950170-25-045340Insider equity transaction reported since the proxy statement. Filing ↗
181Section 02, Stephanie Buckner 2025-03-26Form 42025-03-260000950170-25-045340Insider equity transaction reported since the proxy statement. Filing ↗
182Section 02, Stephanie Buckner 2025-03-26Form 42025-03-260000950170-25-045340Insider equity transaction reported since the proxy statement. Filing ↗
183Section 02, Stephanie Buckner 2025-03-26Form 42025-03-260000950170-25-045340Insider equity transaction reported since the proxy statement. Filing ↗
184Section 02, Stephanie Buckner 2025-03-26Form 42025-03-260000950170-25-045340Insider equity transaction reported since the proxy statement. Filing ↗
185Section 02, Mahalingam Srikanth 2025-03-26Form 42025-03-260000950170-25-045546Insider equity transaction reported since the proxy statement. Filing ↗
186Section 02, Mahalingam Srikanth 2025-03-26Form 42025-03-260000950170-25-045546Insider equity transaction reported since the proxy statement. Filing ↗
187Section 02, Mahalingam Srikanth 2025-03-26Form 42025-03-260000950170-25-045546Insider equity transaction reported since the proxy statement. Filing ↗
188Section 02, Mahalingam Srikanth 2025-03-26Form 42025-03-260000950170-25-045546Insider equity transaction reported since the proxy statement. Filing ↗
189Section 02, Mahalingam Srikanth 2025-03-26Form 42025-03-260000950170-25-045546Insider equity transaction reported since the proxy statement. Filing ↗
190Section 02, Mahalingam Srikanth 2025-03-26Form 42025-03-260000950170-25-045546Insider equity transaction reported since the proxy statement. Filing ↗
191Section 02, Nelson Dias 2025-03-26Form 42025-03-260000950170-25-045263Insider equity transaction reported since the proxy statement. Filing ↗
192Section 02, Nelson Dias 2025-03-26Form 42025-03-260000950170-25-045263Insider equity transaction reported since the proxy statement. Filing ↗
193Section 02, Nelson Dias 2025-03-26Form 42025-03-260000950170-25-045263Insider equity transaction reported since the proxy statement. Filing ↗
194Section 02, Nelson Dias 2025-03-26Form 42025-03-260000950170-25-045263Insider equity transaction reported since the proxy statement. Filing ↗
195Section 02, Stephen Earhart 2025-03-26Form 42025-03-260000950170-25-045336Insider equity transaction reported since the proxy statement. Filing ↗
196Section 02, Gilma Saravia 2025-03-26Form 42025-03-260000950170-25-045356Insider equity transaction reported since the proxy statement. Filing ↗
197Section 02, Raoul Maitra 2025-03-26Form 42025-03-260000950170-25-045384Insider equity transaction reported since the proxy statement. Filing ↗
198Section 06, 2024 voteForm 8-K2024-05-160001193125-24-140530Item 5.07 · say-on-pay result. As reported: 98.02% (votes for as printed: 302,379,755). Filing ↗
199Section 06, 2023 voteForm 8-K2023-06-080001193125-23-163497Item 5.07 · say-on-pay result. As reported: 98.02% (votes for as printed: 309,808,527). Filing ↗
200Section 06, 2022 voteForm 8-K2022-05-120001193125-22-148859Item 5.07 · say-on-pay result. As reported: 99.07% (votes for as printed: 316,396,536). Filing ↗machine: span 25279–27525
201Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
202Section 03b vehicle mix (computed)Computed——RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
203Section 09b board cost (computed)Computed——Cash 420,000 + equity 1,200,012 + all other 0 = 1,620,012, summed across the director compensation table rows.machine: formula: Σ = 1,620,012
204PTC, Section 10b CEO totalDEF 14A2025-12-230001104659-25-124170CEO total compensation as printed in PTC's own proxy. As printed: 24,315,129. Filing ↗machine: span 1634675–1634685
205New Relic, Section 10b CEO totalDEF 14A2023-06-300001448056-23-000042CEO total compensation as printed in New Relic's own proxy. As printed: 23,214,892. Filing ↗machine: r2 · c48 · span 718611–718621
206Paylocity Holding, Section 10b CEO totalDEF 14A2025-10-230001591698-25-000102CEO total compensation as printed in Paylocity Holding's own proxy. As printed: 18,044,482. Filing ↗machine: t90 · r2 · c24 · span 674330–674340
207Manhattan Associates, Section 10b CEO totalDEF 14A2026-04-020001193125-26-140024CEO total compensation as printed in Manhattan Associates's own proxy. As printed: 16,697,528. Filing ↗machine: r7 · c24 · span 1260363–1260373
208Workiva, Section 10b CEO totalDEF 14A2026-04-170001445305-26-000030CEO total compensation as printed in Workiva's own proxy. As printed: 15,640,220. Filing ↗machine: span 1433486–1433496
209Guidewire Software, Section 10b CEO totalDEF 14A2025-10-300001528396-25-000233CEO total compensation as printed in Guidewire Software's own proxy. As printed: 14,012,061. Filing ↗machine: r3 · c21 · span 777771–777781
210BlackLine, Section 10b CEO totalDEF 14A2026-03-250001628280-26-020925CEO total compensation as printed in BlackLine's own proxy. As printed: 11,614,676. Filing ↗machine: r2 · c54 · span 948504–948514
211Aspen Technology, Section 10b CEO totalDEF 14A2024-10-240001897982-24-000062CEO total compensation as printed in Aspen Technology's own proxy. As printed: 11,541,446. Filing ↗machine: r2 · c24 · span 565955–565965
212SPS Commerce, Section 10b CEO totalDEF 14A2026-04-140001092699-26-000029CEO total compensation as printed in SPS Commerce's own proxy. As printed: 11,410,244. Filing ↗machine: r2 · c42 · span 913548–913558
213Domo, Section 10b CEO totalDEF 14A2026-06-010001628280-26-039549CEO total compensation as printed in Domo's own proxy. As printed: 9,465,244. Filing ↗machine: t13 · r2 · c14 · span 455747–455756
214Zuora, Section 10b CEO totalDEF 14A2024-05-160001423774-24-000146CEO total compensation as printed in Zuora's own proxy. As printed: 8,787,500. Filing ↗machine: r2 · c42 · span 699493–699502
215Yext, Section 10b CEO totalDEF 14A2026-04-270001628280-26-027491CEO total compensation as printed in Yext's own proxy. As printed: 8,693,973. Filing ↗machine: t15 · r2 · c19 · span 368568–368577
216Altair Engineering (subject), Section 10b CEO totalDEF 14A2024-04-050001193125-24-087903CEO total compensation as printed in Altair Engineering's own proxy. As printed: 7,318,992. Filing ↗machine: r3 · c27 · span 360042–360051
217Ebix, Section 10b CEO totalDEF 14A2022-10-180001104659-22-109688CEO total compensation as printed in Ebix's own proxy. As printed: 3,604,350. Filing ↗machine: r1 · c47 · span 312960–312969
218Appian, Section 10b CEO totalDEF 14A2026-04-220001441683-26-000021CEO total compensation as printed in Appian's own proxy. As printed: 2,941,276. Filing ↗machine: r2 · c42 · span 416139–416148
219Section 10a, Appian reciprocityDEF 14A—0001441683-26-000021Appian's most recent proxy was read; its disclosed peer group does not include Altair Engineering. Filing ↗
220Section 10a, New Relic reciprocityDEF 14A—0001448056-23-000042New Relic's most recent proxy was read; its disclosed peer group does not include Altair Engineering. Filing ↗
221Section 10a, SPS Commerce reciprocityDEF 14A—0001092699-26-000029SPS Commerce names Altair Engineering in its own disclosed peer group (read from its most recent proxy). Filing ↗
222Section 10a, Guidewire Software reciprocityDEF 14A—0001528396-25-000233Guidewire Software's most recent proxy was read; its disclosed peer group does not include Altair Engineering. Filing ↗
223Section 10a, PTC reciprocityDEF 14A—0001104659-25-124170PTC's most recent proxy was read; its disclosed peer group does not include Altair Engineering. Filing ↗
224Section 10a, Aspen Technology reciprocityDEF 14A—0001897982-24-000062Aspen Technology's most recent proxy was read; its disclosed peer group does not include Altair Engineering. Filing ↗
225Section 10a, BlackLine reciprocityDEF 14A—0001628280-26-020925BlackLine's most recent proxy was read; its disclosed peer group does not include Altair Engineering. Filing ↗
226Section 10a, Domo reciprocityDEF 14A—0001628280-26-039549Domo's most recent proxy was read; its disclosed peer group does not include Altair Engineering. Filing ↗
227Section 10a, Ebix reciprocityDEF 14A—0001104659-22-109688Ebix's most recent proxy was read; its disclosed peer group does not include Altair Engineering. Filing ↗
228Section 10a, Paylocity Holding reciprocityDEF 14A—0001591698-25-000102Paylocity Holding's most recent proxy was read; its disclosed peer group does not include Altair Engineering. Filing ↗
229Section 10a, Zuora reciprocityDEF 14A—0001423774-24-000146Zuora's most recent proxy was read; its disclosed peer group does not include Altair Engineering. Filing ↗
230Section 10a, Manhattan Associates reciprocityDEF 14A—0001193125-26-140024Manhattan Associates's most recent proxy was read; its disclosed peer group does not include Altair Engineering. Filing ↗

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