Velarion · Company Intelligence
Compensation Brief
Fiscal year 2022 · Filings through 2026-10-02

National Instruments (NATI)

CEO Eric H. Starkloff was paid $8,398,504 in fiscal year 2022, ↑ up 2.5% from fiscal year 2021, the 24th percentile of its disclosed peer group (SEC filing 0001140361-23-013880 ↗): 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.

$8,398,504 ↑
Eric H. Starkloff total, FY2022
24th
CEO pay percentile vs peers
133:1
CEO-to-median pay ratio
94.06%
Say-on-pay support, latest vote

Track this company's pay every filing: join the Pro seat waitlist

Velarion Pro: every company page, peer tools and exports, one seat — $1,200/year

A confirmation now and one email when Pro opens, and nothing else. Privacy

Ask our research desk — $99, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”
- Eric H. Starkloff (President and Chief Executive Officer), FY2022 total compensation $8,398,504 (base salary $735,000) [exec_comp, SEC accession 0001140361-23-013880, filed 2023-03-27]

Answered within 24 hours, every figure cited to its SEC filing. If our database cannot answer your question, you are refunded automatically.

01

Summary Compensation Table — fiscal year 2022

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Eric H. Starkloff$735,000$0$7,266,432$0$385,191$0$11,881$8,398,504
President and Chief Executive Officer
Jason E. Green595,00002,114,4860001,476,8124,186,298
Former Chief Revenue Officer and Executive Vice President
Karen M. Rapp500,000100,0001,865,7590194,10007,8602,667,719
Former Executive Vice President and Chief Financial Officer
Ritu Favre450,000—1,741,354—174,690—13,8602,415,377
Executive Vice President & GM, Business Units
Scott A. Rust425,00001,368,2230164,985015,4231,973,631
Executive Vice President, Global Operations

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 officerFY2022 totalFY2021 totalFY2020 totalΔ FY2021→2022
Eric H. Starkloff$8,398,504$8,190,385$11,465,634↑ +208,119
Jason E. Green4,186,2983,238,2352,052,554↑ +948,063
Karen M. Rapp2,667,7194,449,3032,284,612↓ −1,781,584
Ritu Favre2,415,3772,339,984—↑ +75,393
Scott A. Rust1,973,6311,651,6481,468,003↑ +321,983

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

You have just read National Instruments's Summary Compensation Table. The whole free brief as a PDF, emailed now, with every figure cited — then a few short notes on the deeper NATI reports.

We send the PDF right away, then up to three short notes. Reply “unsubscribe” to any of them, any time.

How we handle your data → Privacy

Companies that benchmark against NATI
1 company names NATI as a compensation peer

Each company listed discloses NATI 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 NATI in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2022 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Alexander M. DavernDirector2023-10-11D90,000——CommonForm 4 ↗
Alexander M. DavernDirector2023-10-11D3,719——CommonForm 4 ↗
Ritu FavreExecutive Vice President2023-10-11D18,178——Derivative, Class A CommonForm 4 ↗
Ritu FavreExecutive Vice President2023-10-11A18,178——Derivative, Class A CommonForm 4 ↗
Ritu FavreExecutive Vice President2023-10-11D19,727——Derivative, Class A CommonForm 4 ↗
Ritu FavreExecutive Vice President2023-10-11D14,029——Derivative, Class A CommonForm 4 ↗
Ritu FavreExecutive Vice President2023-10-11D6,383——CommonForm 4 ↗
Ritu FavreExecutive Vice President2023-10-11D12,118——CommonForm 4 ↗
Ritu FavreExecutive Vice President2023-10-11D8,767——CommonForm 4 ↗
Ritu FavreExecutive Vice President2023-10-11D4,676——CommonForm 4 ↗
Ritu FavreExecutive Vice President2023-10-11D3,199——CommonForm 4 ↗
Ritu FavreExecutive Vice President2023-10-11D10,477——CommonForm 4 ↗
Liam K. GriffinDirector2023-10-11D3,719——CommonForm 4 ↗
Liam K. GriffinDirector2023-10-11D21,501——CommonForm 4 ↗
Gayla J. DellyDirector2023-10-11D3,719——CommonForm 4 ↗
Gayla J. DellyDirector2023-10-11D18,560——CommonForm 4 ↗
Alexander M. DavernDirector2023-10-11D184,813——CommonForm 4 ↗
James E. Cashman IIIDirector2023-10-11D3,719——CommonForm 4 ↗
James E. Cashman IIIDirector2023-10-11D21,501——CommonForm 4 ↗
Michael E. McGrathDirector2023-10-11D3,719——CommonForm 4 ↗
Thomas BenjaminExecutive Vice President2023-10-11D15,906——Derivative, Class A CommonForm 4 ↗
Thomas BenjaminExecutive Vice President2023-10-11A15,906——Derivative, Class A CommonForm 4 ↗
Thomas BenjaminExecutive Vice President2023-10-11D10,604——CommonForm 4 ↗
Thomas BenjaminExecutive Vice President2023-10-11D18,550——CommonForm 4 ↗
Thomas BenjaminExecutive Vice President2023-10-11D27,919——CommonForm 4 ↗
Daniel BerenbaumChief Financial Officer, EVP2023-10-11D21,371——Derivative, Class A CommonForm 4 ↗
Daniel BerenbaumChief Financial Officer, EVP2023-10-11A21,371——Derivative, Class A CommonForm 4 ↗
Daniel BerenbaumChief Financial Officer, EVP2023-10-11D12,070——CommonForm 4 ↗
Daniel BerenbaumChief Financial Officer, EVP2023-10-11D2,177——CommonForm 4 ↗
Daniel BerenbaumChief Financial Officer, EVP2023-10-11D150——CommonForm 4 ↗
Duy-Loan T. LeDirector2023-10-11D3,719——CommonForm 4 ↗
Duy-Loan T. LeDirector2023-10-11D121,775——CommonForm 4 ↗
Michael E. McGrathDirector2023-10-11D47,092——CommonForm 4 ↗
Scott A. RustExecutive Vice President2023-10-11D14,769——Derivative, Class A CommonForm 4 ↗
Scott A. RustExecutive Vice President2023-10-11A14,769——Derivative, Class A CommonForm 4 ↗
Scott A. RustExecutive Vice President2023-10-11D15,500——Derivative, Class A CommonForm 4 ↗
Scott A. RustExecutive Vice President2023-10-11D8,768——Derivative, Class A CommonForm 4 ↗
Scott A. RustExecutive Vice President2023-10-11D1,770——Derivative, Class A CommonForm 4 ↗
Scott A. RustExecutive Vice President2023-10-11D1,636——Derivative, Class A CommonForm 4 ↗
Scott A. RustExecutive Vice President2023-10-11D9,846——CommonForm 4 ↗
Scott A. RustExecutive Vice President2023-10-11D6,888——CommonForm 4 ↗
Scott A. RustExecutive Vice President2023-10-11D2,922——CommonForm 4 ↗
Scott A. RustExecutive Vice President2023-10-11D16,937——CommonForm 4 ↗
Eric H. StarkloffDirector2023-10-11D84,526——Derivative, Class A CommonForm 4 ↗
Eric H. StarkloffDirector2023-10-11D67,461——Derivative, Class A CommonForm 4 ↗
Eric H. StarkloffDirector2023-10-11D2,952——Derivative, Class A CommonForm 4 ↗
Eric H. StarkloffDirector2023-10-11D2,726——Derivative, Class A CommonForm 4 ↗
Eric H. StarkloffDirector2023-10-11D90,000——CommonForm 4 ↗
Eric H. StarkloffDirector2023-10-11D37,567——CommonForm 4 ↗
Eric H. StarkloffDirector2023-10-11D14,991——CommonForm 4 ↗
Eric H. StarkloffDirector2023-10-11D248,908——CommonForm 4 ↗
Gerhard P. FettweisDirector2023-10-11D3,719——CommonForm 4 ↗
Gerhard P. FettweisDirector2023-10-11D28,573——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.

03

Grants of plan-based awards — fiscal year 2022

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Scott A. RustPSU2022-01-187,75015,500—31,000$937,130
Scott A. RustRSU2022-01-18——10,333—431,093
Ritu FavreRSU2022-01-18——13,151—548,660
Eric H. StarkloffRSU2022-01-19——56,351—2,289,541
Eric H. StarkloffPSU2022-01-1942,26384,526—169,0524,976,891
Jason E. GreenPSU2022-01-1811,97723,954—47,9081,448,259
Karen M. RappPSU2022-01-1810,56821,136—42,2721,277,883
Karen M. RappRSU2022-01-18——14,091—587,877
Ritu FavrePSU2022-01-189,86419,727—39,4541,192,694
Jason E. GreenRSU2022-01-18——15,969—666,227
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Scott A. Rust$431,093$937,130$068.5%
Ritu Favre548,6601,192,694068.5%
Eric H. Starkloff2,289,5414,976,891068.5%
Jason E. Green666,2271,448,259068.5%
Karen M. Rapp587,8771,277,883068.5%

% 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 2022

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Eric H. StarkloffPSU84,526—$3,119,009
Karen M. RappRSU5,219—192,581
Ritu FavrePSU14,029—517,670
Scott A. RustRSU4,217—155,607
Scott A. RustRSU116—4,280
Scott A. RustRSU3,610—133,209
Karen M. RappPSU21,136—779,918
Eric H. StarkloffRSU8,490—313,281
Ritu FavreRSU13,151—485,272
Ritu FavreRSU3,000—110,700
Karen M. RappRSU13,850—511,065
Eric H. StarkloffRSU25,000—922,500
Karen M. RappRSU14,028—517,633
Scott A. RustRSU5,845—215,681
Ritu FavrePSU19,727—727,926
Ritu FavreRSU6,398—236,086
Karen M. RappPSU21,043—776,487
Eric H. StarkloffRSU7,031—259,444
Eric H. StarkloffPSU67,461—2,489,311
Scott A. RustPSU15,500—571,950
Eric H. StarkloffRSU56,351—2,079,352
Eric H. StarkloffRSU192—7,085
Eric H. StarkloffRSU29,982—1,106,336
Karen M. RappRSU14,091—519,958
Ritu FavreRSU9,352—345,089
Scott A. RustRSU10,333—381,288
Scott A. RustPSU8,768—323,539
Eric H. StarkloffRSU6,015—221,954
Scott A. RustRSU2,982—110,036
Eric H. StarkloffRSU1,919—70,811
Scott A. RustRSU640—23,616
05

Incentive-plan design — the Compensation Discussion & Analysis

Our executive compensation philosophy is based on the concept of 'pay for performance' and is aligned with the goals of supporting stockholder interests, achieving financial and operational targets that drive profitable growth, and building in sufficient upside and downside risk to deliver appropriate rewards based on Company results.

CEO STI target (% of salary)135%
CEO LTI target (% of salary)—
Independent consultantCompensia
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20232023-05-0994,861,9315,988,6313,288,78294.06%Passed
20222022-05-10102,424,40010,197,212261,32290.74%Passed
20212021-05-11101,291,8208,705,515275,19691.86%Passed
20202020-05-06111,720,3743,404,884296,21196.79%Passed
20192019-05-14107,916,0063,011,690243,21297.07%Passed
20182018-05-0868,850,28948,463,794396,80758.49%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
20232023-05-0994.06%a
20222022-05-1090.74%b
20212021-05-1191.86%c

a. Voting standard not stated in the filing.

b. Approved under the standard stated in the filing — “Thus, abstentions will have the same effect as a vote against Proposals Two, Three, Four and Five.”.

c. Approved under the standard stated in the filing — “Thus, abstentions will have the same effect as a vote against Proposals Two and Three.”.

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.

07

CEO pay ratio

Ratio (CEO : median employee)133 : 1
CEO total compensation$8,398,504
Median employee compensation—
08

Director compensation — fiscal year 2022

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Michael E. McGrathIndependent · Board Chair · Audit · Nomination & Governance$195,000$199,516$0$0$0$394,516
Gayla J. DellyIndependent · Audit (Chair) · Compensation · Nomination & Governance117,500199,516000317,016
James E. Cashman IIIIndependent · Audit · Compensation · Nomination & Governance (Chair)109,821199,516———309,337
Duy-Loan T. LeIndependent · Compensation (Chair) · Nomination & Governance95,000199,516000294,516
Gerhard P. FettweisIndependent · Audit · Compensation87,500199,516000287,016
Liam K. GriffinIndependent · Nomination & Governance77,715199,516000277,231
Alexander M. DavernIndependent70,000199,516———269,516
Eric H. StarkloffEmployee director—————0
09

Board fee structure and ownership guideline

Annual cash retainer$70,000
Annual equity retainer$199,516
Per board meeting fee$2,000
Committee chair fees (audit / comp / nom-gov)30,000 / 20,000 / 15,000
Stock ownership guidelineWe have adopted stock ownership guidelines for our Executive Officers and the non-employee members of our Board under which they must accumulate and hold... a number of shares of common stock equivalent to a multiple of their annual base salary or retainer, as applicable.
09b

Total cost of the board

ComponentFY2022
Cash retainers and fees$752,536
Equity awards (grant-date value)$1,396,612
All other compensation$0
Total cost of the board$2,149,148

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

10

Disclosed peer group — fiscal year 2022

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 National Instruments 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 National Instruments.

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
1Alteryx2022Mark Anderson$650,000$55,823,051$0$650,000$57,191,521
2Cadence Design Systems2025Anirudh Devgan800,00054,412,53201,456,27156,683,576
3ANSYS2024Ajei Gopal850,00029,379,50702,550,00032,810,655
4PTC2025Neil Barua800,00021,720,45601,620,00024,315,129
5Trimble2025Robert Painter950,00013,311,8642,230,6372,633,44319,129,944
6Keysight Technologies2025Satish Dhanasekaran933,00015,345,17601,575,47318,020,109
7Teradyne2025Gregory Smith959,45710,186,5131,033,3351,914,28314,107,588
8MKS Instruments2025John Lee1,037,94510,133,32701,751,53312,961,940
9Viavi Solutions2026Oleg Khaykin900,00010,103,34401,295,43712,305,351
10Silicon Laboratories2025R. Matthew Johnson715,8629,609,2670958,88911,296,077
11Advanced Energy Industries2025Stephen Kelley977,7928,426,221—1,767,09511,187,208
12Cirrus Logic2026John Forsyth715,8509,000,18401,040,21010,769,395
13Novanta2025Matthijs Glastra863,0398,275,5350854,47910,042,292
14National Instruments2022Eric H. Starkloff735,0007,266,4320385,1918,398,504
15Cognex2025Matthew Moschner528,8461,670,0404,829,9111,059,4368,099,369
16Altair Engineering2023James Scapa860,0002,477,2203,185,160610,0007,318,992
17FormFactor2025Michael Slessor664,6154,398,7700406,0355,481,644
18Teledyne Technologies2025George C. Bobb III816,827601,5461,730,5221,080,9084,255,049
—OSI Systems——————not in coverage universe

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
National Instruments38.8%PRSU 60 · RSU 40NoCompensia
Advanced Energy Industries144.4%PSU 60 · RSU 40NoCompensia, Inc.
Altair Engineering100%not disclosednot disclosedCompensia, Inc.
Alteryx100%RSU 75 · PSU 25NoAlpine Rewards
ANSYS200.0%RSU 100not disclosedCompensia
Cadence Design Systemsnot disclosednot disclosedYes — Relative TSR vs. IT companies in S&P 500 and S&P 400Semler Brossy
Cirrus Logic117.5%MSU 60 · RSU 40NoCompensia, Inc.
Cognex193%Options 33 · RSU 33 · PSU 33NoPay Governance, LLC
FormFactor61.8%PSU 50 · RSU 50Yes — Total Shareholder Return (TSR)Aon's Human Capital Solutions practice
Keysight Technologies114.09%PSU 60 · RSU 40Yes — 3-Year Relative TSRMeridian Compensation Partners LLC
MKS Instruments135%PSU 60 · RSU 40Yes — Relative Total Shareholder Return (rTSR)Pearl Meyer & Partners, LLC
Novanta65.3%PSU 70 · RSU 30NoAon
OSI Systemsnot disclosednot disclosednot disclosednot disclosed
PTC135%PSU 60 · RSU 40Yes — Three Year Relative TSRPearl Meyer & Partners, LLC
Silicon Laboratories103%RSU 54 · PSU 46NoMercer (US) LLC
Teledyne Technologiesnot disclosedOptions 33 · Cash LTI 33 · PSU 33NoExequity
Teradynenot disclosednot disclosedYes — TSR vs NYSE Composite IndexCompensia, Inc.
Trimble138.6%PSU 60 · RSU 25 · Options 15Yes — Total Shareholder Return (TSR) relative to S&P 500Mercer (US) LLC
Viavi Solutions115.1%MSU 50 · RSU 50Yes — TSR relative to the performance of companies in the Nasdaq Telecommunications IndexCompensia, Inc.

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 National Instruments in fiscal 2022?
As disclosed, Eric H. Starkloff (President and Chief Executive Officer) was the highest-paid executive at National Instruments in fiscal 2022, with total compensation of $8,398,504.
How does National Instruments's chief executive pay compare to its disclosed peer group?
As disclosed, Eric H. Starkloff's total compensation ranked at the 24th percentile of National Instruments's disclosed peer group.
What is National Instruments's CEO-to-median employee pay ratio?
As disclosed, National Instruments's CEO-to-median employee pay ratio was 133:1.
How did shareholders vote on National Instruments's executive compensation?
As disclosed, 94.06% of shareholders supported National Instruments's executive compensation in the latest say-on-pay vote.
How much does National Instruments spend in total on board compensation for fiscal 2022?
As disclosed, National Instruments reported total board compensation of $2,149,148 for fiscal 2022.

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, Eric H. StarkloffDEF 14A2023-03-270001140361-23-013880Section “Executive Compensation Tables” · page 39. As printed: 8,398,504. Filing ↗machine: r1 · c22 · span 864993–865002
2Section 01, Jason E. GreenDEF 14A2023-03-270001140361-23-013880Section “Executive Compensation Tables” · page 39. As printed: 4,186,298. Filing ↗machine: r7 · c22 · span 897869–897878
3Section 01, Karen M. RappDEF 14A2023-03-270001140361-23-013880Section “Executive Compensation Tables” · page 39. As printed: 2,667,719. Filing ↗machine: r4 · c22 · span 881368–881377
4Section 01, Ritu FavreDEF 14A2023-03-270001140361-23-013880Section “Executive Compensation Tables” · page 39. As printed: 2,415,377. Filing ↗
5Section 01, Scott A. RustDEF 14A2023-03-270001140361-23-013880Section “Executive Compensation Tables” · page 39. As printed: 1,973,631. Filing ↗machine: r10 · c22 · span 914225–914234
6Section 03, Scott A. Rust PSUDEF 14A1900-01-010001140361-23-013880Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1128162–1128169
7Section 03, Scott A. Rust RSUDEF 14A1900-01-010001140361-23-013880Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1121620–1121627
8Section 03, Ritu Favre RSUDEF 14A1900-01-010001140361-23-013880Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1147511–1147518
9Section 03, Eric H. Starkloff RSUDEF 14A1900-01-010001140361-23-013880Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1044032–1044042
10Section 03, Eric H. Starkloff PSUDEF 14A1900-01-010001140361-23-013880Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
11Section 03, Jason E. Green PSUDEF 14A1900-01-010001140361-23-013880Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1102266–1102275
12Section 03, Karen M. Rapp PSUDEF 14A1900-01-010001140361-23-013880Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1076342–1076351
13Section 03, Karen M. Rapp RSUDEF 14A1900-01-010001140361-23-013880Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1069842–1069849
14Section 03, Ritu Favre PSUDEF 14A1900-01-010001140361-23-013880Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1154105–1154114
15Section 03, Jason E. Green RSUDEF 14A1900-01-010001140361-23-013880Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1095713–1095720
16Section 07, pay ratioDEF 14A—0001140361-23-013880Section “CEO Pay Ratio”. As printed: 133 : 1.machine: span 1630413–1630421
17Section 08, Michael E. McGrathDEF 14A2023-03-270001140361-23-013880Section “Director Compensation”. As printed: 394,516. Filing ↗machine: span 466477–466725
18Section 08, Gayla J. DellyDEF 14A2023-03-270001140361-23-013880Section “Director Compensation”. As printed: 317,016. Filing ↗machine: span 454627–454875
19Section 08, James E. Cashman IIIDEF 14A2023-03-270001140361-23-013880Section “Director Compensation”. As printed: 309,337. Filing ↗machine: span 448744–448950
20Section 08, Duy-Loan T. LeDEF 14A2023-03-270001140361-23-013880Section “Director Compensation”. As printed: 294,516. Filing ↗machine: span 463513–463761
21Section 08, Gerhard P. FettweisDEF 14A2023-03-270001140361-23-013880Section “Director Compensation”. As printed: 287,016. Filing ↗machine: span 457592–457840
22Section 08, Liam K. GriffinDEF 14A2023-03-270001140361-23-013880Section “Director Compensation”. As printed: 277,231. Filing ↗machine: span 460553–460801
23Section 08, Alexander M. DavernDEF 14A2023-03-270001140361-23-013880Section “Director Compensation”. As printed: 269,516. Filing ↗machine: span 451668–451916
24Section 08, Eric H. StarkloffDEF 14A2023-03-270001140361-23-013880Section “Director Compensation”. As printed: 0. Filing ↗
25Section 02, Alexander M. Davern 2023-10-11Form 42023-10-110001140361-23-047920Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, Alexander M. Davern 2023-10-11Form 42023-10-110001140361-23-047920Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Ritu Favre 2023-10-11Form 42023-10-110001140361-23-047922Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Ritu Favre 2023-10-11Form 42023-10-110001140361-23-047922Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Ritu Favre 2023-10-11Form 42023-10-110001140361-23-047922Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Ritu Favre 2023-10-11Form 42023-10-110001140361-23-047922Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Ritu Favre 2023-10-11Form 42023-10-110001140361-23-047922Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Ritu Favre 2023-10-11Form 42023-10-110001140361-23-047922Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Ritu Favre 2023-10-11Form 42023-10-110001140361-23-047922Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Ritu Favre 2023-10-11Form 42023-10-110001140361-23-047922Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Ritu Favre 2023-10-11Form 42023-10-110001140361-23-047922Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Ritu Favre 2023-10-11Form 42023-10-110001140361-23-047922Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Liam K. Griffin 2023-10-11Form 42023-10-110001140361-23-047924Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Liam K. Griffin 2023-10-11Form 42023-10-110001140361-23-047924Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Gayla J. Delly 2023-10-11Form 42023-10-110001140361-23-047921Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Gayla J. Delly 2023-10-11Form 42023-10-110001140361-23-047921Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Alexander M. Davern 2023-10-11Form 42023-10-110001140361-23-047920Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, James E. Cashman III 2023-10-11Form 42023-10-110001140361-23-047919Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, James E. Cashman III 2023-10-11Form 42023-10-110001140361-23-047919Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Michael E. McGrath 2023-10-11Form 42023-10-110001140361-23-047926Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Thomas Benjamin 2023-10-11Form 42023-10-110001140361-23-047917Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Thomas Benjamin 2023-10-11Form 42023-10-110001140361-23-047917Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Thomas Benjamin 2023-10-11Form 42023-10-110001140361-23-047917Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, Thomas Benjamin 2023-10-11Form 42023-10-110001140361-23-047917Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, Thomas Benjamin 2023-10-11Form 42023-10-110001140361-23-047917Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, Daniel Berenbaum 2023-10-11Form 42023-10-110001140361-23-047918Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, Daniel Berenbaum 2023-10-11Form 42023-10-110001140361-23-047918Insider equity transaction reported since the proxy statement. Filing ↗
52Section 02, Daniel Berenbaum 2023-10-11Form 42023-10-110001140361-23-047918Insider equity transaction reported since the proxy statement. Filing ↗
53Section 02, Daniel Berenbaum 2023-10-11Form 42023-10-110001140361-23-047918Insider equity transaction reported since the proxy statement. Filing ↗
54Section 02, Daniel Berenbaum 2023-10-11Form 42023-10-110001140361-23-047918Insider equity transaction reported since the proxy statement. Filing ↗
55Section 02, Duy-Loan T. Le 2023-10-11Form 42023-10-110001140361-23-047925Insider equity transaction reported since the proxy statement. Filing ↗
56Section 02, Duy-Loan T. Le 2023-10-11Form 42023-10-110001140361-23-047925Insider equity transaction reported since the proxy statement. Filing ↗
57Section 02, Michael E. McGrath 2023-10-11Form 42023-10-110001140361-23-047926Insider equity transaction reported since the proxy statement. Filing ↗
58Section 02, Scott A. Rust 2023-10-11Form 42023-10-110001140361-23-047927Insider equity transaction reported since the proxy statement. Filing ↗
59Section 02, Scott A. Rust 2023-10-11Form 42023-10-110001140361-23-047927Insider equity transaction reported since the proxy statement. Filing ↗
60Section 02, Scott A. Rust 2023-10-11Form 42023-10-110001140361-23-047927Insider equity transaction reported since the proxy statement. Filing ↗
61Section 02, Scott A. Rust 2023-10-11Form 42023-10-110001140361-23-047927Insider equity transaction reported since the proxy statement. Filing ↗
62Section 02, Scott A. Rust 2023-10-11Form 42023-10-110001140361-23-047927Insider equity transaction reported since the proxy statement. Filing ↗
63Section 02, Scott A. Rust 2023-10-11Form 42023-10-110001140361-23-047927Insider equity transaction reported since the proxy statement. Filing ↗
64Section 02, Scott A. Rust 2023-10-11Form 42023-10-110001140361-23-047927Insider equity transaction reported since the proxy statement. Filing ↗
65Section 02, Scott A. Rust 2023-10-11Form 42023-10-110001140361-23-047927Insider equity transaction reported since the proxy statement. Filing ↗
66Section 02, Scott A. Rust 2023-10-11Form 42023-10-110001140361-23-047927Insider equity transaction reported since the proxy statement. Filing ↗
67Section 02, Scott A. Rust 2023-10-11Form 42023-10-110001140361-23-047927Insider equity transaction reported since the proxy statement. Filing ↗
68Section 02, Eric H. Starkloff 2023-10-11Form 42023-10-110001140361-23-047928Insider equity transaction reported since the proxy statement. Filing ↗
69Section 02, Eric H. Starkloff 2023-10-11Form 42023-10-110001140361-23-047928Insider equity transaction reported since the proxy statement. Filing ↗
70Section 02, Eric H. Starkloff 2023-10-11Form 42023-10-110001140361-23-047928Insider equity transaction reported since the proxy statement. Filing ↗
71Section 02, Eric H. Starkloff 2023-10-11Form 42023-10-110001140361-23-047928Insider equity transaction reported since the proxy statement. Filing ↗
72Section 02, Eric H. Starkloff 2023-10-11Form 42023-10-110001140361-23-047928Insider equity transaction reported since the proxy statement. Filing ↗
73Section 02, Eric H. Starkloff 2023-10-11Form 42023-10-110001140361-23-047928Insider equity transaction reported since the proxy statement. Filing ↗
74Section 02, Eric H. Starkloff 2023-10-11Form 42023-10-110001140361-23-047928Insider equity transaction reported since the proxy statement. Filing ↗
75Section 02, Eric H. Starkloff 2023-10-11Form 42023-10-110001140361-23-047928Insider equity transaction reported since the proxy statement. Filing ↗
76Section 02, Gerhard P. Fettweis 2023-10-11Form 42023-10-110001140361-23-047923Insider equity transaction reported since the proxy statement. Filing ↗
77Section 02, Gerhard P. Fettweis 2023-10-11Form 42023-10-110001140361-23-047923Insider equity transaction reported since the proxy statement. Filing ↗
78Section 06, 2023 voteForm 8-K2023-05-100000935494-23-000055Item 5.07 · say-on-pay result. As reported: 94.06% (votes for as printed: 94,861,931). Filing ↗
79Section 06, 2022 voteForm 8-K2022-05-120000935494-22-000015Item 5.07 · say-on-pay result. As reported: 90.74% (votes for as printed: 102,424,400). Filing ↗
80Section 06, 2021 voteForm 8-K2021-05-140000935494-21-000027Item 5.07 · say-on-pay result. As reported: 91.86%. Filing ↗
81Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
82Section 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
83Section 09b board cost (computed)Computed——Cash 752,536 + equity 1,396,612 + all other 0 = 2,149,148, summed across the director compensation table rows.machine: formula: Σ = 2,149,148
84Alteryx, Section 10b CEO totalDEF 14A2023-04-040001140361-23-016229CEO total compensation as printed in Alteryx's own proxy. As printed: 57,191,521. Filing ↗machine: r1 · c24 · span 1147355–1147365
85Cadence Design Systems, Section 10b CEO totalDEF 14A2026-03-250001193125-26-124264CEO total compensation as printed in Cadence Design Systems's own proxy. As printed: 56,683,576. Filing ↗machine: r4 · c34 · span 1043936–1043946
86ANSYS, Section 10b CEO totalDEF 14A2025-04-290001104659-25-041176CEO total compensation as printed in ANSYS's own proxy. As printed: 32,810,655. Filing ↗machine: span 1192289–1192299
87PTC, 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
88Trimble, Section 10b CEO totalDEF 14A2026-04-090000864749-26-000042CEO total compensation as printed in Trimble's own proxy. As printed: 19,129,944. Filing ↗machine: r3 · c30 · span 695230–695240
89Keysight Technologies, Section 10b CEO totalDEF 14A2026-01-260001140361-26-002381CEO total compensation as printed in Keysight Technologies's own proxy. As printed: 18,020,109. Filing ↗machine: r2 · c28 · span 1994587–1994597
90Teradyne, Section 10b CEO totalDEF 14A2026-03-270001193125-26-127504CEO total compensation as printed in Teradyne's own proxy. As printed: 14,107,588. Filing ↗machine: span 2057888–2057898
91MKS Instruments, Section 10b CEO totalDEF 14A2026-03-310001193125-26-133378CEO total compensation as printed in MKS Instruments's own proxy. As printed: 12,961,940. Filing ↗machine: t120 · r3 · c26 · span 1981823–1981833
92Viavi Solutions, Section 10b CEO totalDEF 14A2026-10-020001628280-26-064524CEO total compensation as printed in Viavi Solutions's own proxy. As printed: 12,305,351. Filing ↗machine: r2 · c21 · span 937082–937092
93Silicon Laboratories, Section 10b CEO totalDEF 14A2026-03-110001193125-26-102113CEO total compensation as printed in Silicon Laboratories's own proxy. As printed: 11,296,077. Filing ↗machine: r3 · c27 · span 631624–631634
94Advanced Energy Industries, Section 10b CEO totalDEF 14A2026-03-260001104659-26-035159CEO total compensation as printed in Advanced Energy Industries's own proxy. As printed: 11,187,208. Filing ↗
95Cirrus Logic, Section 10b CEO totalDEF 14A2026-06-030000772406-26-000024CEO total compensation as printed in Cirrus Logic's own proxy. As printed: 10,769,395. Filing ↗machine: span 798834–798844
96Novanta, Section 10b CEO totalDEF 14A2026-04-240001193125-26-175367CEO total compensation as printed in Novanta's own proxy. As printed: 10,042,292. Filing ↗machine: r2 · c8 · span 950118–950128
97National Instruments (subject), Section 10b CEO totalDEF 14A2023-03-270001140361-23-013880CEO total compensation as printed in National Instruments's own proxy. As printed: 8,398,504. Filing ↗machine: r1 · c22 · span 864993–865002
98Cognex, Section 10b CEO totalDEF 14A2026-03-130001193125-26-105065CEO total compensation as printed in Cognex's own proxy. As printed: 8,099,369. Filing ↗machine: r2 · c24 · span 574315–574324
99Altair Engineering, 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
100FormFactor, Section 10b CEO totalDEF 14A2026-04-020001039399-26-000016CEO total compensation as printed in FormFactor's own proxy. As printed: 5,481,644. Filing ↗machine: r2 · c21 · span 765051–765060
101Teledyne Technologies, Section 10b CEO totalDEF 14A2026-03-120001193125-26-104187CEO total compensation as printed in Teledyne Technologies's own proxy. As printed: 4,255,049. Filing ↗machine: r3 · c30 · span 1147322–1147331
102Section 10a, Trimble reciprocityDEF 14A—0000864749-26-000042Trimble's most recent proxy was read; its disclosed peer group does not include National Instruments. Filing ↗
103Section 10a, Alteryx reciprocityDEF 14A—0001140361-23-016229Alteryx's most recent proxy was read; its disclosed peer group does not include National Instruments. Filing ↗
104Section 10a, Novanta reciprocityDEF 14A—0001193125-26-175367Novanta's most recent proxy was read; its disclosed peer group does not include National Instruments. Filing ↗
105Section 10a, FormFactor reciprocityDEF 14A—0001039399-26-000016FormFactor's most recent proxy was read; its disclosed peer group does not include National Instruments. Filing ↗
106Section 10a, Silicon Laboratories reciprocityDEF 14A—0001193125-26-102113Silicon Laboratories's most recent proxy was read; its disclosed peer group does not include National Instruments. Filing ↗
107Section 10a, Advanced Energy Industries reciprocityDEF 14A—0001104659-26-035159Advanced Energy Industries's most recent proxy was read; its disclosed peer group does not include National Instruments. Filing ↗
108Section 10a, ANSYS reciprocityDEF 14A—0001104659-25-041176ANSYS's most recent proxy was read; its disclosed peer group does not include National Instruments. Filing ↗
109Section 10a, Cadence Design Systems reciprocityDEF 14A—0001193125-26-124264Cadence Design Systems's most recent proxy was read; its disclosed peer group does not include National Instruments. Filing ↗
110Section 10a, Cognex reciprocityDEF 14A—0001193125-26-105065Cognex's most recent proxy was read; its disclosed peer group does not include National Instruments. Filing ↗
111Section 10a, Keysight Technologies reciprocityDEF 14A—0001140361-26-002381Keysight Technologies's most recent proxy was read; its disclosed peer group does not include National Instruments. Filing ↗
112Section 10a, MKS Instruments reciprocityDEF 14A—0001193125-26-133378MKS Instruments's most recent proxy was read; its disclosed peer group does not include National Instruments. Filing ↗
113Section 10a, PTC reciprocityDEF 14A—0001104659-25-124170PTC's most recent proxy was read; its disclosed peer group does not include National Instruments. Filing ↗
114Section 10a, Teledyne Technologies reciprocityDEF 14A—0001193125-26-104187Teledyne Technologies's most recent proxy was read; its disclosed peer group does not include National Instruments. Filing ↗
115Section 10a, Teradyne reciprocityDEF 14A—0001193125-26-127504Teradyne's most recent proxy was read; its disclosed peer group does not include National Instruments. Filing ↗
116Section 10a, Viavi Solutions reciprocityDEF 14A—0001628280-26-064524Viavi Solutions's most recent proxy was read; its disclosed peer group does not include National Instruments. Filing ↗
117Section 10a, Altair Engineering reciprocityDEF 14A—0001193125-24-087903Altair Engineering's most recent proxy was read; its disclosed peer group does not include National Instruments. Filing ↗
118Section 10a, Cirrus Logic reciprocityDEF 14A—0000772406-26-000024Cirrus Logic's most recent proxy was read; its disclosed peer group does not include National Instruments. Filing ↗

The Pay Desk — the free weekly executive pay briefing, one company at a time, every number traceable to a public filing.

You'll confirm on The Pay Desk's sign-up page.