Velarion · Company Intelligence
Compensation Brief
Fiscal year 2024 · Filings through 2026-07-10

Aspen Technology (AZPN)

CEO Antonio Pietri was paid $11,541,446 in fiscal year 2024, ↑ up 723.0% from fiscal year 2023, the 29th percentile of its disclosed peer group (SEC filing 0001897982-24-000062 ↗): 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.

$11,541,446 ↑
Antonio Pietri total, FY2024
29th
CEO pay percentile vs peers
—
CEO-to-median pay ratio
96.14%
Say-on-pay support, latest vote

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Sample answer — “What is the CEO’s total compensation?”
- Antonio Pietri (President and Chief Executive Officer), FY2024 total compensation $11,541,446 (base salary $750,000) [exec_comp, SEC accession 0001897982-24-000062, filed 2024-10-24]

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01

Summary Compensation Table — fiscal year 2024

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Antonio Pietri$750,000$0$10,115,548$0$664,639$0$11,259$11,541,446
President and Chief Executive Officer
Chantelle Breithaupt228,52503,034,936038,71007,1313,309,302
Former Senior Vice President, Chief Financial Officer and Treasurer
Mark Mouritsen391,40101,618,7360251,922013,1272,275,186
Former Senior Vice President and Chief Legal Officer
Christopher Stagno342,54330,000480,225092,2340528945,530
Corporate Vice President and Chief Accounting Officer
David Baker35,4170407,31100037442,765
Senior Vice President, Chief Financial Officer and Treasurer

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 officerFY2024 totalFY2023 totalFY2022 totalΔ FY2023→2024
Antonio Pietri$11,541,446$1,402,317$14,942,012↑ +10,139,129
Chantelle Breithaupt3,309,3024,000,3511,188,804↓ −691,049
Mark Mouritsen2,275,1862,989,805—↓ −714,619
Christopher Stagno945,530———
David Baker442,765———

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 AZPN
26 companies name AZPN as a compensation peer

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01b

Executives — the named officers

One page per officer: the same table above, read for one person at a time — his own figure and every fiscal year the register holds.

ExecutiveRoleFY2024 total
Antonio PietriCEO$11,541,446
David BakerCFO$442,765
Christopher StagnoExecutive$945,530
Chantelle BreithauptCFO$3,309,302
Mark MouritsenGeneral Counsel$2,275,186
01c

Board of directors

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

DirectorRoleFY2024 total
Arlen R. ShenkmanIndependent Director$589,115
David J. HenshallIndependent Director$243,127
Karen M. GolzIndependent Director$589,526
Patrick M. AntkowiakIndependent Director$589,115
Ram R. KrishnanDirector—
Robert M. Whelan, JrChair of the Board—
Thomas F. BoganIndependent Director$604,115
02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2024 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
David BakerSVP, Chief Financial Officer2024-12-31D246$249$61,242CommonForm 4 ↗
Christopher StagnoCVP, Chief Accounting Officer2024-12-31D7924919,667CommonForm 4 ↗
Antonio J. PietriDirector2024-12-31D3,881249966,175CommonForm 4 ↗
Dividend-equivalent accruals2025-02-12—682——1 insider, 1 accrual row
Antonio J. PietriDirector2025-02-12A68214699,899CommonForm 4 ↗
Antonio J. PietriDirector2025-02-27D3,83100CommonForm 4 ↗
Christopher A. CooperSVP, Chief Legal Officer2025-03-11D1,854——CommonForm 4 ↗
Patrick M. AntkowiakDirector2025-03-11D3,209——CommonForm 4 ↗
Thomas F. BoganDirector2025-03-11D3,209——CommonForm 4 ↗
Karen M. GolzDirector2025-03-11D3,508——CommonForm 4 ↗
David J. HenshallDirector2025-03-11D215——CommonForm 4 ↗
Whelan, Jr. Robert M.Director2025-03-11D7,344——CommonForm 4 ↗
Antonio J. PietriDirector2025-03-11D12,834——Derivative, Class A CommonForm 4 ↗
Antonio J. PietriDirector2025-03-11D11,450——CommonForm 4 ↗
Antonio J. PietriDirector2025-03-11D121,600——CommonForm 4 ↗
David BakerSVP, Chief Financial Officer2025-03-11D2,942——CommonForm 4 ↗
Christopher StagnoCVP, Chief Accounting Officer2025-03-11D3,711——CommonForm 4 ↗
Sharon VinciSVP and CHRO2025-03-11D2,217——CommonForm 4 ↗
Christopher StagnoCVP, Chief Accounting Officer2025-03-12D2,103——CommonForm 4 ↗
Christopher A. CooperSVP, Chief Legal Officer2025-03-12D935——Derivative, Class A CommonForm 4 ↗
Patrick M. AntkowiakDirector2025-03-12D1,251——CommonForm 4 ↗
Thomas F. BoganDirector2025-03-12D1,251——CommonForm 4 ↗
Karen M. GolzDirector2025-03-12D1,146——Derivative, Class A CommonForm 4 ↗
Karen M. GolzDirector2025-03-12D1,196——CommonForm 4 ↗
David J. HenshallDirector2025-03-12D2,184——CommonForm 4 ↗
Arlen R. ShenkmanDirector2025-03-12D1,251——CommonForm 4 ↗
Arlen R. ShenkmanDirector2025-03-12D3,209——CommonForm 4 ↗
Whelan, Jr. Robert M.Director2025-03-12D1,430129185,156Derivative, Class A CommonForm 4 ↗
Whelan, Jr. Robert M.Director2025-03-12D2,51571178,540Derivative, Class A CommonForm 4 ↗
Whelan, Jr. Robert M.Director2025-03-12D2,94650146,740Derivative, Class A CommonForm 4 ↗
Whelan, Jr. Robert M.Director2025-03-12D3,26651166,664Derivative, Class A CommonForm 4 ↗
Whelan, Jr. Robert M.Director2025-03-12D1,196——CommonForm 4 ↗
Antonio J. PietriDirector2025-03-12D26,074——Derivative, Class A CommonForm 4 ↗
Antonio J. PietriDirector2025-03-12D34,324——Derivative, Class A CommonForm 4 ↗
Antonio J. PietriDirector2025-03-12D39,209——Derivative, Class A CommonForm 4 ↗
Antonio J. PietriDirector2025-03-12D42,137——Derivative, Class A CommonForm 4 ↗
Antonio J. PietriDirector2025-03-12D58,956——Derivative, Class A CommonForm 4 ↗
Antonio J. PietriDirector2025-03-12D63,649——Derivative, Class A CommonForm 4 ↗
Antonio J. PietriDirector2025-03-12D74,851——Derivative, Class A CommonForm 4 ↗
Antonio J. PietriDirector2025-03-12D13——CommonForm 4 ↗
Christopher A. CooperSVP, Chief Legal Officer2025-03-12D558——Derivative, Class A CommonForm 4 ↗
Christopher A. CooperSVP, Chief Legal Officer2025-03-12D919——Derivative, Class A CommonForm 4 ↗
Sharon VinciSVP and CHRO2025-03-12D7,607——Derivative, Class A CommonForm 4 ↗
Christopher StagnoCVP, Chief Accounting Officer2025-03-12D1,482——Derivative, Class A CommonForm 4 ↗
Christopher StagnoCVP, Chief Accounting Officer2025-03-12D1,731——Derivative, Class A CommonForm 4 ↗
Sharon VinciSVP and CHRO2025-03-12D6,406——CommonForm 4 ↗
Christopher A. CooperSVP, Chief Legal Officer2025-03-12D3,571——CommonForm 4 ↗
Karen M. GolzDirector2025-03-12D429——Derivative, Class A CommonForm 4 ↗
Christopher StagnoCVP, Chief Accounting Officer2025-03-12D899——Derivative, Class A CommonForm 4 ↗
Antonio J. PietriDirector2025-03-12D50,276——CommonForm 4 ↗
David BakerSVP, Chief Financial Officer2025-03-12D8,648——CommonForm 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.

View all 51 transactions
InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
David BakerSVP, Chief Financial Officer2024-12-31D246$249$61,242CommonForm 4 ↗
Christopher StagnoCVP, Chief Accounting Officer2024-12-31D7924919,667CommonForm 4 ↗
Antonio J. PietriDirector2024-12-31D3,881249966,175CommonForm 4 ↗
Antonio J. PietriDirector2025-02-12D68200Derivative, Class A CommonForm 4 ↗
Antonio J. PietriDirector2025-02-12A68214699,899CommonForm 4 ↗
Antonio J. PietriDirector2025-02-27D3,83100CommonForm 4 ↗
Christopher A. CooperSVP, Chief Legal Officer2025-03-11D1,854——CommonForm 4 ↗
Patrick M. AntkowiakDirector2025-03-11D3,209——CommonForm 4 ↗
Thomas F. BoganDirector2025-03-11D3,209——CommonForm 4 ↗
Karen M. GolzDirector2025-03-11D3,508——CommonForm 4 ↗
David J. HenshallDirector2025-03-11D215——CommonForm 4 ↗
Whelan, Jr. Robert M.Director2025-03-11D7,344——CommonForm 4 ↗
Antonio J. PietriDirector2025-03-11D12,834——Derivative, Class A CommonForm 4 ↗
Antonio J. PietriDirector2025-03-11D11,450——CommonForm 4 ↗
Antonio J. PietriDirector2025-03-11D121,600——CommonForm 4 ↗
David BakerSVP, Chief Financial Officer2025-03-11D2,942——CommonForm 4 ↗
Christopher StagnoCVP, Chief Accounting Officer2025-03-11D3,711——CommonForm 4 ↗
Sharon VinciSVP and CHRO2025-03-11D2,217——CommonForm 4 ↗
Christopher StagnoCVP, Chief Accounting Officer2025-03-12D2,103——CommonForm 4 ↗
Christopher A. CooperSVP, Chief Legal Officer2025-03-12D935——Derivative, Class A CommonForm 4 ↗
Patrick M. AntkowiakDirector2025-03-12D1,251——CommonForm 4 ↗
Thomas F. BoganDirector2025-03-12D1,251——CommonForm 4 ↗
Karen M. GolzDirector2025-03-12D1,146——Derivative, Class A CommonForm 4 ↗
Karen M. GolzDirector2025-03-12D1,196——CommonForm 4 ↗
David J. HenshallDirector2025-03-12D2,184——CommonForm 4 ↗
Arlen R. ShenkmanDirector2025-03-12D1,251——CommonForm 4 ↗
Arlen R. ShenkmanDirector2025-03-12D3,209——CommonForm 4 ↗
Whelan, Jr. Robert M.Director2025-03-12D1,430129185,156Derivative, Class A CommonForm 4 ↗
Whelan, Jr. Robert M.Director2025-03-12D2,51571178,540Derivative, Class A CommonForm 4 ↗
Whelan, Jr. Robert M.Director2025-03-12D2,94650146,740Derivative, Class A CommonForm 4 ↗
Whelan, Jr. Robert M.Director2025-03-12D3,26651166,664Derivative, Class A CommonForm 4 ↗
Whelan, Jr. Robert M.Director2025-03-12D1,196——CommonForm 4 ↗
Antonio J. PietriDirector2025-03-12D26,074——Derivative, Class A CommonForm 4 ↗
Antonio J. PietriDirector2025-03-12D34,324——Derivative, Class A CommonForm 4 ↗
Antonio J. PietriDirector2025-03-12D39,209——Derivative, Class A CommonForm 4 ↗
Antonio J. PietriDirector2025-03-12D42,137——Derivative, Class A CommonForm 4 ↗
Antonio J. PietriDirector2025-03-12D58,956——Derivative, Class A CommonForm 4 ↗
Antonio J. PietriDirector2025-03-12D63,649——Derivative, Class A CommonForm 4 ↗
Antonio J. PietriDirector2025-03-12D74,851——Derivative, Class A CommonForm 4 ↗
Antonio J. PietriDirector2025-03-12D13——CommonForm 4 ↗
Christopher A. CooperSVP, Chief Legal Officer2025-03-12D558——Derivative, Class A CommonForm 4 ↗
Christopher A. CooperSVP, Chief Legal Officer2025-03-12D919——Derivative, Class A CommonForm 4 ↗
Sharon VinciSVP and CHRO2025-03-12D7,607——Derivative, Class A CommonForm 4 ↗
Christopher StagnoCVP, Chief Accounting Officer2025-03-12D1,482——Derivative, Class A CommonForm 4 ↗
Christopher StagnoCVP, Chief Accounting Officer2025-03-12D1,731——Derivative, Class A CommonForm 4 ↗
Sharon VinciSVP and CHRO2025-03-12D6,406——CommonForm 4 ↗
Christopher A. CooperSVP, Chief Legal Officer2025-03-12D3,571——CommonForm 4 ↗
Karen M. GolzDirector2025-03-12D429——Derivative, Class A CommonForm 4 ↗
Christopher StagnoCVP, Chief Accounting Officer2025-03-12D899——Derivative, Class A CommonForm 4 ↗
Antonio J. PietriDirector2025-03-12D50,276——CommonForm 4 ↗
David BakerSVP, Chief Financial Officer2025-03-12D8,648——CommonForm 4 ↗
03

Grants of plan-based awards — fiscal year 2024

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Christopher StagnoRSU2023-09-01——783—$151,902
Antonio PietriRSU2023-09-01——26,071—5,057,774
Chantelle BreithauptRSU2023-09-01——7,822—1,517,468
Christopher StagnoRSU2023-09-01——522—101,268
Mark MouritsenRSU2023-09-01——4,172—809,368
Christopher StagnoRSU2023-10-23——1,255—227,055
David BakerRSU2024-06-17——2,076—407,311
Antonio PietriRSU2023-09-01——26,071—5,057,774
Mark MouritsenRSU2023-09-01——4,172—809,368
Chantelle BreithauptRSU2023-09-01——7,822—1,517,468
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Christopher Stagno$480,225$0$00.0%
Antonio Pietri10,115,548000.0%
Chantelle Breithaupt3,034,936000.0%
Mark Mouritsen1,618,736000.0%
David Baker407,311000.0%

% 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 2024

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Antonio PietriOption42,137129.48—
Christopher StagnoOption451210.6—
Christopher StagnoRSU522—103,685
Mark MouritsenRSU2,780—552,191
Antonio PietriRSU1,987—394,678
Christopher StagnoRSU440—87,397
Antonio PietriOption34,32451.03—
Antonio PietriRSU26,071—5,178,483
Antonio PietriOption26,07470.99—
Christopher StagnoRSU90—17,877
Christopher StagnoOption119138.93—
Antonio PietriRSU17,633—3,502,443
Christopher StagnoRSU1,255—249,281
Christopher StagnoOption377145.35—
Antonio PietriRSU7,943—1,577,718
Antonio PietriRSU17,371—3,450,402
Antonio PietriOption14,742145.35—
Christopher StagnoRSU326—64,753
Mark MouritsenRSU4,172—828,684
David BakerRSU2,076—412,356
Antonio PietriOption12,83449.81—
Mark MouritsenRSU3,894—773,465
Christopher StagnoRSU520—103,288
Antonio PietriOption4,023146.48—
Antonio PietriOption39,209149.5—
Mark MouritsenOption6,357200.73—
Antonio PietriOption32,746193.49—
05

Incentive-plan design — the Compensation Discussion & Analysis

The company's compensation philosophy is based on a pay-for-performance approach designed to align executive interests with stockholders by rewarding sustained financial and operating performance. The program is heavily weighted toward at-risk, performance-based compensation to attract and retain critical talent in the competitive technology and software industries while discouraging excessive risk-taking.

CEO STI target (% of salary)120%
CEO LTI target (% of salary)—
Independent consultantWillis Towers Watson (WTW)
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20242024-12-1758,776,1282,361,63011,47396.14%Passed
20232023-12-1461,003,429624,95811,59698.99%Passed
20222022-12-1548,907,66313,565,47610,30878.29%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
20242024-12-1796.14%a
20232023-12-1498.99%b
20222022-12-1578.29%c

a. Approved under the standard stated in the filing — “Abstentions will not count as votes cast and will have no effect on the vote.”.

b. Approved under the standard stated in the filing — “Abstentions will not count as votes cast and will have no effect on the vote.”.

c. Approved under the standard stated in the filing — “Abstentions will not count as votes cast and will have no effect on the vote.”.

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 2024

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Jill D. SmithIndependent$185,625$485,776——$13,126$684,527
Thomas F. BoganIndependent · Human Capital Committee (Chair)95,000485,7760023,339604,115
Karen M. GolzIndependent · Audit Committee (Chair)95,000485,776008,750589,526
Arlen R. ShenkmanIndependent · Audit80,000485,7760023,339589,115
Patrick M. AntkowiakIndependent · Audit · Nominating and Corporate Governance80,000485,7760023,339589,115
Robert M. Whelan JrIndependent · Board Chair · Human Capital · Nominating and Corporate Governance (Chair)80,000485,776000565,776
Robert E. BeauchampIndependent20,000234,158——23,311277,469
David J. HenshallIndependent · Nominating and Corporate Governance · Partial-year service0243,126000243,127
Ram R. KrishnanIndependent000000
Antonio J. PietriEmployee director000—00
09

Board fee structure and ownership guideline

Annual cash retainer$80,000
Annual equity retainer$240,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)15,000 / 15,000 / 7,500
Stock ownership guideline$5
09b

Total cost of the board

ComponentFY2024
Cash retainers and fees$635,625
Equity awards (grant-date value)$3,391,940
All other compensation$115,204
Total cost of the board$4,142,769

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

10

Disclosed peer group — fiscal year 2024

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 Aspen Technology 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 Aspen Technology.

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
1Fair Isaac Corporation2025William Lansing$750,000$34,091,860$0$1,100,000$36,045,267
2ANSYS, Inc.2024Ajei Gopal850,00029,379,50702,550,00032,810,655
3Trade Desk, Inc.2025Jeff Green1,350,00011,589,47111,590,8642,804,77527,431,583
4DocuSign, Inc.2026Allan Thygesen1,000,00023,600,13601,019,00025,650,100
5PTC, Inc.2025Neil Barua800,00021,720,45601,620,00024,315,129
6Dynatrace, Inc.2026Rick McConnell695,00019,790,7640713,76521,234,453
7Manhattan Associates, Inc.2025Eric Clark710,00013,000,3280835,37516,697,528
8Teradata Corporation2025Stephen McMillan822,61614,031,47801,035,00016,062,525
9RingCentral, Inc.2024Vladimir Shmunis376,36714,565,1460533,31115,491,096
10ACI Worldwide, Inc.2025Thomas Warsop III750,00013,204,02701,018,87514,999,961
11Aspen Technology2024Antonio Pietri750,00010,115,5480664,63911,541,446
12Verint Systems, Inc.2025Dan Bodner807,7759,371,5280532,14210,825,132
13Envestnet, Inc.2023William Crager650,0003,520,568004,880,843
14Bentley Systems, Inc.2025Nicholas Cumins791,6033,094,7660823,8994,815,961
15UiPath Inc.2026Daniel Dines6,0170001,347,430

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
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)
ACI Worldwide, Inc.135.85%PSU 50 · RSU 50NoCompensia, Inc.
ANSYS, Inc.200.0%RSU 100not disclosedCompensia
Bentley Systems, Inc.98.9%RSU 50 · PSU 50NoPearl Meyer & Partners, LLC
DocuSign, Inc.101.9%PSU 60 · RSU 40Yes — TSRCompensia
Dynatrace, Inc.102.7%PSU 50 · RSU 50Yes — rTSR (relative Total Shareholder Return)Compensia, Inc.
Envestnet, Inc.not disclosedRSU 50 · PSU 50not disclosedWillis Towers Watson US LLC
Fair Isaac Corporation147%PSU 33 · RSU 33 · Other 33NoCompensia, Inc.
Manhattan Associates, Inc.118%RSU 50 · PSU 50NoWillis Towers Watson
PTC, Inc.135%PSU 60 · RSU 40Yes — Three Year Relative TSRPearl Meyer & Partners, LLC
RingCentral, Inc.not disclosednot disclosedNoCompensia
Teradata Corporation100%not disclosedNoAon
Trade Desk, Inc.not disclosedRSA 50 · Option 50not disclosedCompensia, Inc.
UiPath Inc.80%RSU 50 · PSU 50NoCompensia, Inc.
Verint Systems, Inc.65%PSU 60 · RSU 40Yes — Relative TSRWillis Towers Watson

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 Aspen Technology in fiscal 2024?
As disclosed, Antonio Pietri (President and Chief Executive Officer) was the highest-paid executive at Aspen Technology in fiscal 2024, with total compensation of $11,541,446.
How does Aspen Technology's chief executive pay compare to its disclosed peer group?
As disclosed, Antonio Pietri's total compensation ranked at the 29th percentile of Aspen Technology's disclosed peer group.
How did shareholders vote on Aspen Technology's executive compensation?
As disclosed, 96.14% of shareholders supported Aspen Technology's executive compensation in the latest say-on-pay vote.
How much does Aspen Technology spend in total on board compensation for fiscal 2024?
As disclosed, Aspen Technology reported total board compensation of $4,142,769 for fiscal 2024.

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, Antonio PietriDEF 14A2024-10-240001897982-24-000062Section “Executive Compensation”. As printed: 11,541,446. Filing ↗machine: r2 · c24 · span 565955–565965
2Section 01, Chantelle BreithauptDEF 14A2024-10-240001897982-24-000062Section “Executive Compensation”. As printed: 3,309,302. Filing ↗machine: r10 · c24 · span 586433–586442
3Section 01, Mark MouritsenDEF 14A2024-10-240001897982-24-000062Section “Executive Compensation”. As printed: 2,275,186. Filing ↗machine: r8 · c24 · span 581350–581359
4Section 01, Christopher StagnoDEF 14A2024-10-240001897982-24-000062Section “Executive Compensation”. As printed: 945,530. Filing ↗machine: r7 · c24 · span 578427–578434
5Section 01, David BakerDEF 14A2024-10-240001897982-24-000062Section “Executive Compensation”. As printed: 442,765. Filing ↗machine: r6 · c24 · span 575332–575339
6Section 03, Christopher Stagno RSUDEF 14A1900-01-010001897982-24-000062Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 618609–618616
7Section 03, Antonio Pietri RSUDEF 14A1900-01-010001897982-24-000062Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 610613–610622
8Section 03, Chantelle Breithaupt RSUDEF 14A1900-01-010001897982-24-000062Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 630193–630202
9Section 03, Christopher Stagno RSUDEF 14A1900-01-010001897982-24-000062Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 620197–620204
10Section 03, Mark Mouritsen RSUDEF 14A1900-01-010001897982-24-000062Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 625192–625199
11Section 03, Christopher Stagno RSUDEF 14A1900-01-010001897982-24-000062Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
12Section 03, David Baker RSUDEF 14A1900-01-010001897982-24-000062Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 615448–615455
13Section 03, Antonio Pietri RSUDEF 14A1900-01-010001897982-24-000062Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 612246–612255
14Section 03, Mark Mouritsen RSUDEF 14A1900-01-010001897982-24-000062Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 626824–626831
15Section 03, Chantelle Breithaupt RSUDEF 14A1900-01-010001897982-24-000062Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 631787–631796
16Section 08, Jill D. SmithDEF 14A2024-10-240001897982-24-000062Section “Director Compensation”. As printed: 684,527. Filing ↗machine: span 957843–957966
17Section 08, Thomas F. BoganDEF 14A2024-10-240001897982-24-000062Section “Director Compensation”. As printed: 604,115. Filing ↗machine: span 950767–950890
18Section 08, Karen M. GolzDEF 14A2024-10-240001897982-24-000062Section “Director Compensation”. As printed: 589,526. Filing ↗machine: span 952098–952221
19Section 08, Arlen R. ShenkmanDEF 14A2024-10-240001897982-24-000062Section “Director Compensation”. As printed: 589,115. Filing ↗machine: span 956309–956432
20Section 08, Patrick M. AntkowiakDEF 14A2024-10-240001897982-24-000062Section “Director Compensation”. As printed: 589,115. Filing ↗machine: span 947894–948017
21Section 08, Robert M. Whelan JrDEF 14A2024-10-240001897982-24-000062Section “Director Compensation”. As printed: 565,776. Filing ↗machine: span 959344–959467
22Section 08, Robert E. BeauchampDEF 14A2024-10-240001897982-24-000062Section “Director Compensation”. As printed: 277,469. Filing ↗machine: span 949433–949556
23Section 08, David J. HenshallDEF 14A2024-10-240001897982-24-000062Section “Director Compensation”. As printed: 243,127. Filing ↗machine: span 953637–953760
24Section 08, Ram R. KrishnanDEF 14A2024-10-240001897982-24-000062Section “Director Compensation”. As printed: 0. Filing ↗
25Section 08, Antonio J. PietriDEF 14A2024-10-240001897982-24-000062Section “Director Compensation”. As printed: 0. Filing ↗
26Section 02, David Baker 2024-12-31Form 42025-01-060001127602-25-000578Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Christopher Stagno 2024-12-31Form 42025-01-060001127602-25-000580Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Antonio J. Pietri 2024-12-31Form 42025-01-060001127602-25-000579Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Antonio J. Pietri 2025-02-12Form 42025-02-140001127602-25-004915Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Antonio J. Pietri 2025-02-12Form 42025-02-140001127602-25-004915Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Antonio J. Pietri 2025-02-27Form 42025-03-030001127602-25-007510Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Christopher A. Cooper 2025-03-11Form 42025-03-130001127602-25-009354Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Patrick M. Antkowiak 2025-03-11Form 42025-03-130001127602-25-009343Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Thomas F. Bogan 2025-03-11Form 42025-03-130001127602-25-009345Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Karen M. Golz 2025-03-11Form 42025-03-130001127602-25-009346Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, David J. Henshall 2025-03-11Form 42025-03-130001127602-25-009347Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Whelan, Jr. Robert M. 2025-03-11Form 42025-03-130001127602-25-009349Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Antonio J. Pietri 2025-03-11Form 42025-03-130001127602-25-009351Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Antonio J. Pietri 2025-03-11Form 42025-03-130001127602-25-009351Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Antonio J. Pietri 2025-03-11Form 42025-03-130001127602-25-009351Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, David Baker 2025-03-11Form 42025-03-130001127602-25-009352Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Christopher Stagno 2025-03-11Form 42025-03-130001127602-25-009358Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Sharon Vinci 2025-03-11Form 42025-03-130001127602-25-009356Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Christopher Stagno 2025-03-12Form 42025-03-130001127602-25-009358Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Christopher A. Cooper 2025-03-12Form 42025-03-130001127602-25-009354Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Patrick M. Antkowiak 2025-03-12Form 42025-03-130001127602-25-009343Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Thomas F. Bogan 2025-03-12Form 42025-03-130001127602-25-009345Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, Karen M. Golz 2025-03-12Form 42025-03-130001127602-25-009346Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, Karen M. Golz 2025-03-12Form 42025-03-130001127602-25-009346Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, David J. Henshall 2025-03-12Form 42025-03-130001127602-25-009347Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, Arlen R. Shenkman 2025-03-12Form 42025-03-130001127602-25-009348Insider equity transaction reported since the proxy statement. Filing ↗
52Section 02, Arlen R. Shenkman 2025-03-12Form 42025-03-130001127602-25-009348Insider equity transaction reported since the proxy statement. Filing ↗
53Section 02, Whelan, Jr. Robert M. 2025-03-12Form 42025-03-130001127602-25-009349Insider equity transaction reported since the proxy statement. Filing ↗
54Section 02, Whelan, Jr. Robert M. 2025-03-12Form 42025-03-130001127602-25-009349Insider equity transaction reported since the proxy statement. Filing ↗
55Section 02, Whelan, Jr. Robert M. 2025-03-12Form 42025-03-130001127602-25-009349Insider equity transaction reported since the proxy statement. Filing ↗
56Section 02, Whelan, Jr. Robert M. 2025-03-12Form 42025-03-130001127602-25-009349Insider equity transaction reported since the proxy statement. Filing ↗
57Section 02, Whelan, Jr. Robert M. 2025-03-12Form 42025-03-130001127602-25-009349Insider equity transaction reported since the proxy statement. Filing ↗
58Section 02, Antonio J. Pietri 2025-03-12Form 42025-03-130001127602-25-009351Insider equity transaction reported since the proxy statement. Filing ↗
59Section 02, Antonio J. Pietri 2025-03-12Form 42025-03-130001127602-25-009351Insider equity transaction reported since the proxy statement. Filing ↗
60Section 02, Antonio J. Pietri 2025-03-12Form 42025-03-130001127602-25-009351Insider equity transaction reported since the proxy statement. Filing ↗
61Section 02, Antonio J. Pietri 2025-03-12Form 42025-03-130001127602-25-009351Insider equity transaction reported since the proxy statement. Filing ↗
62Section 02, Antonio J. Pietri 2025-03-12Form 42025-03-130001127602-25-009351Insider equity transaction reported since the proxy statement. Filing ↗
63Section 02, Antonio J. Pietri 2025-03-12Form 42025-03-130001127602-25-009351Insider equity transaction reported since the proxy statement. Filing ↗
64Section 02, Antonio J. Pietri 2025-03-12Form 42025-03-130001127602-25-009351Insider equity transaction reported since the proxy statement. Filing ↗
65Section 02, Antonio J. Pietri 2025-03-12Form 42025-03-130001127602-25-009351Insider equity transaction reported since the proxy statement. Filing ↗
66Section 02, Christopher A. Cooper 2025-03-12Form 42025-03-130001127602-25-009354Insider equity transaction reported since the proxy statement. Filing ↗
67Section 02, Christopher A. Cooper 2025-03-12Form 42025-03-130001127602-25-009354Insider equity transaction reported since the proxy statement. Filing ↗
68Section 02, Sharon Vinci 2025-03-12Form 42025-03-130001127602-25-009356Insider equity transaction reported since the proxy statement. Filing ↗
69Section 02, Christopher Stagno 2025-03-12Form 42025-03-130001127602-25-009358Insider equity transaction reported since the proxy statement. Filing ↗
70Section 02, Christopher Stagno 2025-03-12Form 42025-03-130001127602-25-009358Insider equity transaction reported since the proxy statement. Filing ↗
71Section 02, Sharon Vinci 2025-03-12Form 42025-03-130001127602-25-009356Insider equity transaction reported since the proxy statement. Filing ↗
72Section 02, Christopher A. Cooper 2025-03-12Form 42025-03-130001127602-25-009354Insider equity transaction reported since the proxy statement. Filing ↗
73Section 02, Karen M. Golz 2025-03-12Form 42025-03-130001127602-25-009346Insider equity transaction reported since the proxy statement. Filing ↗
74Section 02, Christopher Stagno 2025-03-12Form 42025-03-130001127602-25-009358Insider equity transaction reported since the proxy statement. Filing ↗
75Section 02, Antonio J. Pietri 2025-03-12Form 42025-03-130001127602-25-009351Insider equity transaction reported since the proxy statement. Filing ↗
76Section 02, David Baker 2025-03-12Form 42025-03-130001127602-25-009352Insider equity transaction reported since the proxy statement. Filing ↗
77Section 06, 2024 voteForm 8-K2024-12-190001897982-24-000086Item 5.07 · say-on-pay result. As reported: 96.14% (votes for as printed: 58,776,128). Filing ↗
78Section 06, 2023 voteForm 8-K2023-12-150001897982-23-000083Item 5.07 · say-on-pay result. As reported: 98.99% (votes for as printed: 61,003,429). Filing ↗
79Section 06, 2022 voteForm 8-K2022-12-190001897982-22-000054Item 5.07 · say-on-pay result. As reported: 78.29%. Filing ↗
80Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
81Section 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
82Section 09b board cost (computed)Computed——Cash 635,625 + equity 3,391,940 + all other 115,204 = 4,142,769, summed across the director compensation table rows.machine: formula: Σ = 4,142,769
83Fair Isaac Corporation, Section 10b CEO totalDEF 14A2026-01-270001193125-26-024403CEO total compensation as printed in Fair Isaac Corporation's own proxy. As printed: 36,045,267. Filing ↗machine: r3 · c35 · span 1413656–1413666
84ANSYS, Inc., Section 10b CEO totalDEF 14A2025-04-290001104659-25-041176CEO total compensation as printed in ANSYS, Inc.'s own proxy. As printed: 32,810,655. Filing ↗machine: span 1192289–1192299
85Trade Desk, Inc., Section 10b CEO totalDEF 14A2026-04-090001671933-26-000034CEO total compensation as printed in Trade Desk, Inc.'s own proxy. As printed: 27,431,583. Filing ↗machine: r2 · c54 · span 418098–418108
86DocuSign, Inc., Section 10b CEO totalDEF 14A2026-04-160001261333-26-000043CEO total compensation as printed in DocuSign, Inc.'s own proxy. As printed: 25,650,100. Filing ↗machine: r3 · c21 · span 792273–792283
87PTC, Inc., Section 10b CEO totalDEF 14A2025-12-230001104659-25-124170CEO total compensation as printed in PTC, Inc.'s own proxy. As printed: 24,315,129. Filing ↗machine: span 1634675–1634685
88Dynatrace, Inc., Section 10b CEO totalDEF 14A2026-07-100001773383-26-000031CEO total compensation as printed in Dynatrace, Inc.'s own proxy. As printed: 21,234,453. Filing ↗machine: r2 · c21 · span 696843–696853
89Manhattan Associates, Inc., Section 10b CEO totalDEF 14A2026-04-020001193125-26-140024CEO total compensation as printed in Manhattan Associates, Inc.'s own proxy. As printed: 16,697,528. Filing ↗machine: r7 · c24 · span 1260363–1260373
90Teradata Corporation, Section 10b CEO totalDEF 14A2026-03-260000816761-26-000011CEO total compensation as printed in Teradata Corporation's own proxy. As printed: 16,062,525. Filing ↗machine: r3 · c42 · span 998860–998870
91RingCentral, Inc., Section 10b CEO totalDEF 14A2025-12-090001384905-25-000059CEO total compensation as printed in RingCentral, Inc.'s own proxy. As printed: 15,491,096. Filing ↗machine: r2 · c42 · span 451975–451985
92ACI Worldwide, Inc., Section 10b CEO totalDEF 14A2026-04-200001193125-26-162572CEO total compensation as printed in ACI Worldwide, Inc.'s own proxy. As printed: 14,999,961. Filing ↗machine: r6 · c34 · span 887084–887094
93Aspen Technology (subject), 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
94Verint Systems, Inc., Section 10b CEO totalDEF 14A2025-05-080001166388-25-000085CEO total compensation as printed in Verint Systems, Inc.'s own proxy. As printed: 10,825,132. Filing ↗machine: t40 · r3 · c16 · span 735065–735075
95Envestnet, Inc., Section 10b CEO totalDEF 14A2024-04-050001104659-24-044267CEO total compensation as printed in Envestnet, Inc.'s own proxy. As printed: 4,880,843. Filing ↗machine: r1 · c48 · span 863945–863954
96Bentley Systems, Inc., Section 10b CEO totalDEF 14A2026-04-100001104659-26-042019CEO total compensation as printed in Bentley Systems, Inc.'s own proxy. As printed: 4,815,961. Filing ↗machine: r1 · c39 · span 575664–575673
97UiPath Inc., Section 10b CEO totalDEF 14A2026-05-120001734722-26-000027CEO total compensation as printed in UiPath Inc.'s own proxy. As printed: 1,347,430. Filing ↗machine: span 423395–423404
98Section 10a, ANSYS, Inc. reciprocityDEF 14A—0001104659-25-041176ANSYS, Inc.'s most recent proxy was read; its disclosed peer group does not include Aspen Technology. Filing ↗
99Section 10a, DocuSign, Inc. reciprocityDEF 14A—0001261333-26-000043DocuSign, Inc.'s most recent proxy was read; its disclosed peer group does not include Aspen Technology. Filing ↗
100Section 10a, Dynatrace, Inc. reciprocityDEF 14A—0001773383-26-000031Dynatrace, Inc. names Aspen Technology in its own disclosed peer group (read from its most recent proxy). Filing ↗
101Section 10a, Envestnet, Inc. reciprocityDEF 14A—0001104659-24-044267Envestnet, Inc.'s most recent proxy was read; its disclosed peer group does not include Aspen Technology. Filing ↗
102Section 10a, RingCentral, Inc. reciprocityDEF 14A—0001384905-25-000059RingCentral, Inc.'s most recent proxy was read; its disclosed peer group does not include Aspen Technology. Filing ↗
103Section 10a, Teradata Corporation reciprocityDEF 14A—0000816761-26-000011Teradata Corporation's most recent proxy was read; its disclosed peer group does not include Aspen Technology. Filing ↗
104Section 10a, Trade Desk, Inc. reciprocityDEF 14A—0001671933-26-000034Trade Desk, Inc.'s most recent proxy was read; its disclosed peer group does not include Aspen Technology. Filing ↗
105Section 10a, UiPath Inc. reciprocityDEF 14A—0001734722-26-000027UiPath Inc.'s most recent proxy was read; its disclosed peer group does not include Aspen Technology. Filing ↗
106Section 10a, Verint Systems, Inc. reciprocityDEF 14A—0001166388-25-000085Verint Systems, Inc.'s most recent proxy was read; its disclosed peer group does not include Aspen Technology. Filing ↗
107Section 10a, Bentley Systems, Inc. reciprocityDEF 14A—0001104659-26-042019Bentley Systems, Inc. names Aspen Technology in its own disclosed peer group (read from its most recent proxy). Filing ↗
108Section 10a, Manhattan Associates, Inc. reciprocityDEF 14A—0001193125-26-140024Manhattan Associates, Inc. names Aspen Technology in its own disclosed peer group (read from its most recent proxy). Filing ↗
109Section 10a, PTC, Inc. reciprocityDEF 14A—0001104659-25-124170PTC, Inc.'s most recent proxy was read; its disclosed peer group does not include Aspen Technology. Filing ↗

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