Velarion · Company Intelligence
Compensation Brief
Fiscal year 2023 · Filings through 2026-04-28

PowerSchool Holdings (PWSC)

CEO Hardeep Gulati was paid $13,914,272 in fiscal year 2023, ↓ down 2.2% from fiscal year 2022, the 54th percentile of its disclosed peer group (SEC filing 0001140361-24-017804 ↗): 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.

$13,914,272 ↓
Hardeep Gulati total, FY2023
54th
CEO pay percentile vs peers
—
CEO-to-median pay ratio
—
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01

Summary Compensation Table — fiscal year 2023

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Hardeep Gulati$500,000$0$12,756,671$0$642,750$0$14,850$13,914,272
Chief Executive Officer
Eric Shander450,00004,143,2360518,119014,0065,125,361
President & Chief Financial Officer
Shivani Stumpf286,60429,2023,018,3660171,96208,9013,485,834
Chief Product and Innovation Officer
Devendra Singh374,78502,199,9930246,234014,0252,835,038
Chief Technology Officer
Marcy Daniel279,73001,999,99200011,5602,291,282
Chief Product Officer (Former)
Michael Bisignano326,2468241,099,9970163,123012,6561,602,021
Chief Legal 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
Hardeep Gulati$13,914,272$14,229,212$35,655,054↓ −314,940
Eric Shander5,125,3615,694,4166,143,840↓ −569,055
Shivani Stumpf3,485,834———
Devendra Singh2,835,038———
Marcy Daniel2,291,282———
Michael Bisignano1,602,021———

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 PWSC
3 companies name PWSC as a compensation peer

The list of companies that name PWSC as a peer is temporarily unavailable — recheck shortly.

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.

ExecutiveRoleFY2023 total
Eric ShanderPresident$5,125,361
Hardeep GulatiCEO$13,914,272
Marcy DanielChief Product Officer (Former)$2,291,282
Michael BisignanoGeneral Counsel$1,602,021
Shivani StumpfExecutive$3,485,834
Devendra SinghCTO$2,835,038
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
Amy McIntoshIndependent Director$250,000
Barbara ByrneIndependent Director$270,000
Betty HungDirector—
Gwen ReinkeDirector—
Judy CotteDirector—
Laurence GoldbergChair of the Board—
Maneet S. SaroyaDirector—
Ronald D. McCrayIndependent Director$250,000
Zach LevittDirector—
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
Hardeep GulatiDirector2024-04-04D19,302$21$407,465CommonForm 4 ↗
Hardeep GulatiDirector2024-04-05D21,90021461,214CommonForm 4 ↗
Hardeep GulatiDirector2024-04-08D6,17121131,627CommonForm 4 ↗
Hardeep GulatiDirector2024-05-15D3,8001972,238CommonForm 4 ↗
Hardeep GulatiDirector2024-05-16D25,76619491,873CommonForm 4 ↗
Hardeep GulatiDirector2024-05-17D20,43419395,807CommonForm 4 ↗
Hardeep GulatiDirector2024-05-20D100212,111CommonForm 4 ↗
Hardeep GulatiDirector2024-05-22D7,56621159,037CommonForm 4 ↗
Hardeep GulatiDirector2024-05-23D2,6002154,756CommonForm 4 ↗
Hardeep GulatiDirector2024-05-24D4,90021103,047CommonForm 4 ↗
Hardeep GulatiDirector2024-05-28D39,83421843,286CommonForm 4 ↗
Hardeep GulatiDirector2024-06-03D50,000211,066,000CommonForm 4 ↗
Hardeep GulatiDirector2024-06-03D35,00021748,650CommonForm 4 ↗
Eric ShanderPresident, CFO2024-06-04D16,07022355,468CommonForm 4 ↗
Anthony KenderChief Revenue Officer2024-06-05D6,16522137,048CommonForm 4 ↗
Fred StuderChief Marketing Officer2024-06-05D5,44922121,131CommonForm 4 ↗
Eric ShanderPresident, CFO2024-06-05D2,8662263,711CommonForm 4 ↗
Eric ShanderPresident, CFO2024-06-05D2,4452355,086CommonForm 4 ↗
Eric ShanderPresident, CFO2024-06-10D1,6002336,000CommonForm 4 ↗
Shivani StumpfCPO2024-06-20D1,2952228,917CommonForm 4 ↗
Devendra SinghChief Technology Officer2024-06-20D2,2352249,908CommonForm 4 ↗
Hardeep GulatiDirector2024-06-20D29,74022664,094CommonForm 4 ↗
Eric ShanderPresident, CFO2024-06-20D4,79722107,117CommonForm 4 ↗
Shivani StumpfCPO2024-06-21D1,5472234,529CommonForm 4 ↗
Shivani StumpfCPO2024-06-26D1,7522239,122CommonForm 4 ↗
Devendra SinghChief Technology Officer2024-06-27D5,36022119,796CommonForm 4 ↗
Hardeep GulatiDirector2024-06-27D24,40922545,541CommonForm 4 ↗
Shivani StumpfCPO2024-06-27D2,0862246,601CommonForm 4 ↗
Eric ShanderPresident, CFO2024-06-27D2,1382348,105CommonForm 4 ↗
Eric ShanderPresident, CFO2024-06-27D7,65122171,000CommonForm 4 ↗
Fred StuderChief Marketing Officer2024-06-27D1,2992229,033CommonForm 4 ↗
Eric ShanderPresident, CFO2024-07-09D30,91423695,874CommonForm 4 ↗
Eric ShanderPresident, CFO2024-07-10D7,92623178,335CommonForm 4 ↗
Eric ShanderPresident, CFO2024-07-11D10,67223240,227CommonForm 4 ↗
Eric ShanderPresident, CFO2024-07-11D18,52823417,065CommonForm 4 ↗
Anthony KenderChief Revenue Officer2024-09-05D6,40623145,647CommonForm 4 ↗
Eric ShanderPresident, CFO2024-09-05D2,9772367,685CommonForm 4 ↗
Fred StuderChief Marketing Officer2024-09-05D5,66223128,731CommonForm 4 ↗
Shivani StumpfCPO2024-09-18D1,2962329,514CommonForm 4 ↗
Hardeep GulatiDirector2024-09-18D29,75023677,497CommonForm 4 ↗
Devendra SinghChief Technology Officer2024-09-18D2,2362350,920CommonForm 4 ↗
Eric ShanderPresident, CFO2024-09-18D4,80023109,310CommonForm 4 ↗
Shivani StumpfCPO2024-09-19D1,5462335,202CommonForm 4 ↗
Shivani StumpfCPO2024-09-24D1,7512339,911CommonForm 4 ↗
Shivani StumpfCPO2024-09-25D2,0882347,586CommonForm 4 ↗
Devendra SinghChief Technology Officer2024-10-01D45,933——Derivative, Class A CommonForm 4 ↗
Anthony KenderChief Revenue Officer2024-10-01D38,278——Derivative, Class A CommonForm 4 ↗
Anthony KenderChief Revenue Officer2024-10-01D247,201235,636,183CommonForm 4 ↗
Michael BisignanoChief Legal Officer2024-10-01D28,708——Derivative, Class A CommonForm 4 ↗
Michael BisignanoChief Legal Officer2024-10-01D245,289235,592,589CommonForm 4 ↗
Hardeep GulatiDirector2024-10-01D210,526——Derivative, Class A CommonForm 4 ↗
Hardeep GulatiDirector2024-10-01D700,799——Derivative, Class A CommonForm 4 ↗
Hardeep GulatiDirector2024-10-01D1,631,7682337,204,310CommonForm 4 ↗
Devendra SinghChief Technology Officer2024-10-01D386,781238,818,607CommonForm 4 ↗
Ronald D. McCrayDirector2024-10-01D31,72323723,284CommonForm 4 ↗
ONEX CORPDirector2024-10-01D71,118,123——Common, indirectForm 4 ↗
Barbara ByrneDirector2024-10-01D31,72323723,284CommonForm 4 ↗
Amy McIntoshDirector2024-10-01D31,72323723,284CommonForm 4 ↗
Shivani StumpfCPO2024-10-01D42,105——Derivative, Class A CommonForm 4 ↗
Shivani StumpfCPO2024-10-01D304,758236,948,482CommonForm 4 ↗
Eric ShanderPresident, CFO2024-10-01D73,684——Derivative, Class A CommonForm 4 ↗
Eric ShanderPresident, CFO2024-10-01D145,099——Derivative, Class A CommonForm 4 ↗
Eric ShanderPresident, CFO2024-10-01D417,747239,524,632CommonForm 4 ↗
Fred StuderChief Marketing Officer2024-10-01D22,967——Derivative, Class A CommonForm 4 ↗
Fred StuderChief Marketing Officer2024-10-01D180,480234,114,944CommonForm 4 ↗
Jon ScrimshawChief Accounting Officer2024-10-01D95,694232,181,823CommonForm 4 ↗
VEP Group, LLCDirector2024-10-01D19,791,780——Derivative, Class A CommonForm 4 ↗
VEP Group, LLCDirector2024-10-01D17,862,279——Derivative, Class A CommonForm 4 ↗
VEP Group, LLCDirector2024-10-01D19,791,78000CommonForm 4 ↗
VEP Group, LLCDirector2024-10-01D52,067,959——CommonForm 4 ↗
VEP Group, LLCDirector2024-10-01A17,862,279——CommonForm 4 ↗
VEP Group, LLCDirector2024-10-01D17,862,279——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 2023

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Eric ShanderPSU2023-03-27————$1,750,005
Hardeep GulatiPSU2023-03-27————2,500,005
Devendra SinghRSU2023-03-27——112,936—2,199,993
Eric ShanderPSU2023-03-2758,39389,83689,836179,6722,393,231
Hardeep GulatiPSU2023-03-27250,257385,010128,337770,02010,256,666
Michael BisignanoRSU2023-03-27——56,468—1,099,997
Shivani StumpfRSU2023-11-01——130,073—2,500,003
Shivani StumpfRSU2023-03-23——26,610—518,363
Marcy DanielRSU2023-03-27——102,669—1,999,992
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Eric Shander$0$4,143,236$0100.0%
Hardeep Gulati012,756,6710100.0%
Devendra Singh2,199,993000.0%
Michael Bisignano1,099,997000.0%
Shivani Stumpf3,018,366000.0%
Marcy Daniel1,999,992000.0%

% 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
Eric ShanderPSU1,562,240—$36,806,368
Devendra SinghRSU189,999—4,476,376
Hardeep GulatiRSU1,899,988—44,763,710
Shivani StumpfRSU130,073—3,064,520
Hardeep GulatiPSU9,685,775—228,196,820
Shivani StumpfRSU26,610—626,932
Eric ShanderRSU249,950—5,888,821
Michael BisignanoRSU56,468—1,330,380
Michael BisignanoRSU40,486—953,850
Michael BisignanoRSU29,623—697,918
Shivani StumpfRSU19,893—468,679
Shivani StumpfRSU19,578—461,258
Michael BisignanoRSU5,305—124,986
05

Incentive-plan design — the Compensation Discussion & Analysis

The Company targets total direct compensation for Named Executive Officers within a competitive range of the market median, with pay varying based on actual performance outcomes. The program is designed to balance near-term operational results with long-term growth goals, increasing long-term shareholder value and retaining critical talent.

CEO STI target (% of salary)100%
CEO LTI target (% of salary)—
Independent consultantCompensation Advisory Partners LLC
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
08

Director compensation — fiscal year 2023

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Barbara ByrneIndependent · Audit (Chair)$120,000$150,000$0$0$0$270,000
Ronald D. McCrayIndependent · Audit100,000150,000000250,000
Amy McIntoshIndependent · Audit100,000150,000000250,000
Zach LevittNot independent · Compensation and Nominating000000
Gwen ReinkeNot independent000000
Laurence GoldbergNot independent · Board Chair · Compensation and Nominating000000
Judy CotteNot independent · Executive000000
Hardeep GulatiEmployee director000—00
Maneet S. SaroyaNot independent · Compensation and Nominating000000
Betty HungNot independent · Compensation and Nominating (Chair)000000
09

Board fee structure and ownership guideline

Annual cash retainer$100,000
Annual equity retainer$150,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)20,000
Stock ownership guideline—
09b

Total cost of the board

ComponentFY2023
Cash retainers and fees$320,000
Equity awards (grant-date value)$450,000
All other compensation$0
Total cost of the board$770,000

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 PowerSchool Holdings 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 PowerSchool Holdings.

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
1Vertex, Inc.2025Christopher Young$97,808$24,999,992$0$0$25,615,909
2Paylocity Holding Corporation2025Toby Williams680,96016,319,5300951,47118,044,482
3BILL Holdings, Inc.2025René Lacerte550,00014,861,4810688,05016,139,836
4Workiva Inc.2025Julie Iskow625,00014,000,0310937,50015,640,220
5ACI Worldwide, Inc.2025Thomas Warsop III750,00013,204,02701,018,87514,999,961
6Guidewire Software, Inc.2025Mike Rosenbaum750,00012,280,2030975,00014,012,061
7PowerSchool Holdings2023Hardeep Gulati500,00012,756,6710642,75013,914,272
8BlackLine, Inc.2025Owen Ryan524,23110,603,0670473,37811,614,676
9Aspen Technology, Inc.2024Antonio Pietri750,00010,115,5480664,63911,541,446
10SPS Commerce, Inc.2025Chad Collins609,65810,789,7040011,410,244
11Tyler Technologies, Inc.2025H. Lynn Moore Jr.675,0008,173,649008,858,370
12Instructure Holdings, Inc.2023Steve Daly482,8135,651,9510263,2916,400,555
13Blackbaud, Inc.2025Michael Gianoni800,0315,206,285006,022,250
14AppFolio, Inc.2025Shane Trigg550,0004,000,3070814,0005,438,904

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
PowerSchool Holdings92%PRSU 75 · RSU 25NoCompensation Advisory Partners LLC
ACI Worldwide, Inc.135.85%PSU 50 · RSU 50NoCompensia, Inc.
AppFolio, Inc.148%PSU 60 · RSU 40Nonot disclosed
Aspen Technology, Inc.Varied 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)
BILL Holdings, Inc.125.1%RSU 50 · PSU 40Yes — Relative TSRSemler Brossy Consulting Group LLC
Blackbaud, Inc.not disclosednot disclosedNoCompensia, Inc.
BlackLine, Inc.90.1%RSU 50 · PSU 50Yes — Relative TSRCompensia
Guidewire Software, Inc.130%RSU 50 · PRSU 50NoSemler Brossy
Instructure Holdings, Inc.54.1%RSU 100not disclosedCompensia
Paylocity Holding Corporation138%RSU 50 · PSU 33 · MSU 17NoCompensia
SPS Commerce, Inc.not disclosedRSU 50 · PSU 50Yes — relative TSR performance against the Russell 2000 IndexCompensia, Inc.
Tyler Technologies, Inc.120%PSU 80 · RSU 20NoRadford
Vertex, Inc.70.8%RSU 100not disclosedAON (AON's Human Capital Solutions practice, a division of AON plc)
Workiva Inc.120%RSU 70 · PSU 30NoAlpine Rewards LLC

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 PowerSchool Holdings in fiscal 2023?
As disclosed, Hardeep Gulati (Chief Executive Officer) was the highest-paid executive at PowerSchool Holdings in fiscal 2023, with total compensation of $13,914,272.
How does PowerSchool Holdings's chief executive pay compare to its disclosed peer group?
As disclosed, Hardeep Gulati's total compensation ranked at the 54th percentile of PowerSchool Holdings's disclosed peer group.
How much does PowerSchool Holdings spend in total on board compensation for fiscal 2023?
As disclosed, PowerSchool Holdings reported total board compensation of $770,000 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, Hardeep GulatiDEF 14A2024-04-040001140361-24-017804Section “Executive Compensation”. As printed: 13,914,272. Filing ↗machine: r2 · c27 · span 534355–534366
2Section 01, Eric ShanderDEF 14A2024-04-040001140361-24-017804Section “Executive Compensation”. As printed: 5,125,361. Filing ↗machine: r5 · c27 · span 550569–550579
3Section 01, Shivani StumpfDEF 14A2024-04-040001140361-24-017804Section “2023 Summary Compensation Table”. As printed: 3,485,834. Filing ↗machine: t105 · r11 · c27 · span 582986–582996
4Section 01, Devendra SinghDEF 14A2024-04-040001140361-24-017804Section “Executive Compensation”. As printed: 2,835,038. Filing ↗machine: r8 · c27 · span 566760–566770
5Section 01, Marcy DanielDEF 14A2024-04-040001140361-24-017804Section “Executive Compensation”. As printed: 2,291,282. Filing ↗machine: r17 · c27 · span 615313–615323
6Section 01, Michael BisignanoDEF 14A2024-04-040001140361-24-017804Section “Executive Compensation”. As printed: 1,602,021. Filing ↗machine: r14 · c27 · span 599153–599163
7Section 03, Eric Shander PSUDEF 14A1900-01-010001140361-24-017804Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 682834–682844
8Section 03, Hardeep Gulati PSUDEF 14A1900-01-010001140361-24-017804Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 672577–672587
9Section 03, Devendra Singh RSUDEF 14A1900-01-010001140361-24-017804Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 692423–692433
10Section 03, Eric Shander PSUDEF 14A1900-01-010001140361-24-017804Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 682672–682682
11Section 03, Hardeep Gulati PSUDEF 14A1900-01-010001140361-24-017804Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 672414–672425
12Section 03, Michael Bisignano RSUDEF 14A1900-01-010001140361-24-017804Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 712576–712586
13Section 03, Shivani Stumpf RSUDEF 14A1900-01-010001140361-24-017804Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 703010–703020
14Section 03, Shivani Stumpf RSUDEF 14A1900-01-010001140361-24-017804Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 702850–702858
15Section 03, Marcy Daniel RSUDEF 14A1900-01-010001140361-24-017804Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 721256–721266
16Section 08, Barbara ByrneDEF 14A2024-04-040001140361-24-017804Section “Director Compensation”. As printed: 270,000. Filing ↗machine: t152 · r1 · c9 · span 1039151–1039367
17Section 08, Ronald D. McCrayDEF 14A2024-04-040001140361-24-017804Section “Director Compensation”. As printed: 250,000. Filing ↗machine: t152 · r2 · c9 · span 1041544–1041717
18Section 08, Amy McIntoshDEF 14A2024-04-040001140361-24-017804Section “Director Compensation”. As printed: 250,000. Filing ↗machine: t152 · r3 · c9 · span 1043676–1043849
19Section 08, Zach LevittDEF 14A2024-04-040001140361-24-017804Section “Director Compensation”. As printed: 0. Filing ↗
20Section 08, Gwen ReinkeDEF 14A2024-04-040001140361-24-017804Section “Director Compensation”. As printed: 0. Filing ↗
21Section 08, Laurence GoldbergDEF 14A2024-04-040001140361-24-017804Section “Director Compensation”. As printed: 0. Filing ↗
22Section 08, Judy CotteDEF 14A2024-04-040001140361-24-017804Section “Director Compensation”. As printed: 0. Filing ↗
23Section 08, Hardeep GulatiDEF 14A2024-04-040001140361-24-017804Section “Director Compensation”. As printed: 0. Filing ↗
24Section 08, Maneet S. SaroyaDEF 14A2024-04-040001140361-24-017804Section “Director Compensation”. As printed: 0. Filing ↗
25Section 08, Betty HungDEF 14A2024-04-040001140361-24-017804Section “Director Compensation”. As printed: 0. Filing ↗
26Section 02, Hardeep Gulati 2024-04-04Form 42024-04-050001835681-24-000049Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Hardeep Gulati 2024-04-05Form 42024-04-050001835681-24-000049Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Hardeep Gulati 2024-04-08Form 42024-04-290001835681-24-000050Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Hardeep Gulati 2024-05-15Form 42024-05-170001835681-24-000073Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Hardeep Gulati 2024-05-16Form 42024-05-170001835681-24-000073Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Hardeep Gulati 2024-05-17Form 42024-05-170001835681-24-000073Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Hardeep Gulati 2024-05-20Form 42024-05-230001835681-24-000074Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Hardeep Gulati 2024-05-22Form 42024-05-230001835681-24-000074Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Hardeep Gulati 2024-05-23Form 42024-05-230001835681-24-000074Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Hardeep Gulati 2024-05-24Form 42024-05-290001835681-24-000075Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Hardeep Gulati 2024-05-28Form 42024-05-290001835681-24-000075Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Hardeep Gulati 2024-06-03Form 42024-06-060001835681-24-000076Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Hardeep Gulati 2024-06-03Form 42024-06-060001835681-24-000076Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Eric Shander 2024-06-04Form 42024-06-060001835681-24-000078Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Anthony Kender 2024-06-05Form 42024-06-060001835681-24-000079Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Fred Studer 2024-06-05Form 42024-06-060001835681-24-000077Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Eric Shander 2024-06-05Form 42024-06-060001835681-24-000078Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Eric Shander 2024-06-05Form 42024-06-060001835681-24-000078Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Eric Shander 2024-06-10Form 42024-06-120001835681-24-000080Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Shivani Stumpf 2024-06-20Form 42024-06-210001835681-24-000081Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Devendra Singh 2024-06-20Form 42024-06-210001835681-24-000082Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Hardeep Gulati 2024-06-20Form 42024-06-210001835681-24-000084Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, Eric Shander 2024-06-20Form 42024-06-210001835681-24-000083Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, Shivani Stumpf 2024-06-21Form 42024-06-250001835681-24-000085Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, Shivani Stumpf 2024-06-26Form 42024-06-280001835681-24-000086Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, Devendra Singh 2024-06-27Form 42024-06-280001835681-24-000089Insider equity transaction reported since the proxy statement. Filing ↗
52Section 02, Hardeep Gulati 2024-06-27Form 42024-06-280001835681-24-000087Insider equity transaction reported since the proxy statement. Filing ↗
53Section 02, Shivani Stumpf 2024-06-27Form 42024-06-280001835681-24-000086Insider equity transaction reported since the proxy statement. Filing ↗
54Section 02, Eric Shander 2024-06-27Form 42024-06-280001835681-24-000088Insider equity transaction reported since the proxy statement. Filing ↗
55Section 02, Eric Shander 2024-06-27Form 42024-06-280001835681-24-000088Insider equity transaction reported since the proxy statement. Filing ↗
56Section 02, Fred Studer 2024-06-27Form 42024-06-280001835681-24-000090Insider equity transaction reported since the proxy statement. Filing ↗
57Section 02, Eric Shander 2024-07-09Form 42024-07-110001835681-24-000091Insider equity transaction reported since the proxy statement. Filing ↗
58Section 02, Eric Shander 2024-07-10Form 42024-07-110001835681-24-000091Insider equity transaction reported since the proxy statement. Filing ↗
59Section 02, Eric Shander 2024-07-11Form 42024-07-160001835681-24-000093Insider equity transaction reported since the proxy statement. Filing ↗
60Section 02, Eric Shander 2024-07-11Form 42024-07-160001835681-24-000093Insider equity transaction reported since the proxy statement. Filing ↗
61Section 02, Anthony Kender 2024-09-05Form 42024-09-190001835681-24-000104Insider equity transaction reported since the proxy statement. Filing ↗
62Section 02, Eric Shander 2024-09-05Form 42024-09-190001835681-24-000102Insider equity transaction reported since the proxy statement. Filing ↗
63Section 02, Fred Studer 2024-09-05Form 42024-09-190001835681-24-000103Insider equity transaction reported since the proxy statement. Filing ↗
64Section 02, Shivani Stumpf 2024-09-18Form 42024-09-200001835681-24-000108Insider equity transaction reported since the proxy statement. Filing ↗
65Section 02, Hardeep Gulati 2024-09-18Form 42024-09-190001835681-24-000105Insider equity transaction reported since the proxy statement. Filing ↗
66Section 02, Devendra Singh 2024-09-18Form 42024-09-190001835681-24-000106Insider equity transaction reported since the proxy statement. Filing ↗
67Section 02, Eric Shander 2024-09-18Form 42024-09-190001835681-24-000107Insider equity transaction reported since the proxy statement. Filing ↗
68Section 02, Shivani Stumpf 2024-09-19Form 42024-09-200001835681-24-000108Insider equity transaction reported since the proxy statement. Filing ↗
69Section 02, Shivani Stumpf 2024-09-24Form 42024-09-260001835681-24-000109Insider equity transaction reported since the proxy statement. Filing ↗
70Section 02, Shivani Stumpf 2024-09-25Form 42024-09-260001835681-24-000109Insider equity transaction reported since the proxy statement. Filing ↗
71Section 02, Devendra Singh 2024-10-01Form 42024-10-030000950170-24-112525Insider equity transaction reported since the proxy statement. Filing ↗
72Section 02, Anthony Kender 2024-10-01Form 42024-10-030000950170-24-112538Insider equity transaction reported since the proxy statement. Filing ↗
73Section 02, Anthony Kender 2024-10-01Form 42024-10-030000950170-24-112538Insider equity transaction reported since the proxy statement. Filing ↗
74Section 02, Michael Bisignano 2024-10-01Form 42024-10-030000950170-24-112540Insider equity transaction reported since the proxy statement. Filing ↗
75Section 02, Michael Bisignano 2024-10-01Form 42024-10-030000950170-24-112540Insider equity transaction reported since the proxy statement. Filing ↗
76Section 02, Hardeep Gulati 2024-10-01Form 42024-10-030000950170-24-112511Insider equity transaction reported since the proxy statement. Filing ↗
77Section 02, Hardeep Gulati 2024-10-01Form 42024-10-030000950170-24-112511Insider equity transaction reported since the proxy statement. Filing ↗
78Section 02, Hardeep Gulati 2024-10-01Form 42024-10-030000950170-24-112511Insider equity transaction reported since the proxy statement. Filing ↗
79Section 02, Devendra Singh 2024-10-01Form 42024-10-030000950170-24-112525Insider equity transaction reported since the proxy statement. Filing ↗
80Section 02, Ronald D. McCray 2024-10-01Form 42024-10-030000950170-24-112553Insider equity transaction reported since the proxy statement. Filing ↗
81Section 02, ONEX CORP 2024-10-01Form 42024-10-030000950170-24-112489Insider equity transaction reported since the proxy statement. Filing ↗
82Section 02, Barbara Byrne 2024-10-01Form 42024-10-030000950170-24-112493Insider equity transaction reported since the proxy statement. Filing ↗
83Section 02, Amy McIntosh 2024-10-01Form 42024-10-030000950170-24-112503Insider equity transaction reported since the proxy statement. Filing ↗
84Section 02, Shivani Stumpf 2024-10-01Form 42024-10-030000950170-24-112514Insider equity transaction reported since the proxy statement. Filing ↗
85Section 02, Shivani Stumpf 2024-10-01Form 42024-10-030000950170-24-112514Insider equity transaction reported since the proxy statement. Filing ↗
86Section 02, Eric Shander 2024-10-01Form 42024-10-030000950170-24-112522Insider equity transaction reported since the proxy statement. Filing ↗
87Section 02, Eric Shander 2024-10-01Form 42024-10-030000950170-24-112522Insider equity transaction reported since the proxy statement. Filing ↗
88Section 02, Eric Shander 2024-10-01Form 42024-10-030000950170-24-112522Insider equity transaction reported since the proxy statement. Filing ↗
89Section 02, Fred Studer 2024-10-01Form 42024-10-030000950170-24-112549Insider equity transaction reported since the proxy statement. Filing ↗
90Section 02, Fred Studer 2024-10-01Form 42024-10-030000950170-24-112549Insider equity transaction reported since the proxy statement. Filing ↗
91Section 02, Jon Scrimshaw 2024-10-01Form 42024-10-030000950170-24-112563Insider equity transaction reported since the proxy statement. Filing ↗
92Section 02, VEP Group, LLC 2024-10-01Form 42024-10-030000950170-24-112697Insider equity transaction reported since the proxy statement. Filing ↗
93Section 02, VEP Group, LLC 2024-10-01Form 42024-10-030000950170-24-112697Insider equity transaction reported since the proxy statement. Filing ↗
94Section 02, VEP Group, LLC 2024-10-01Form 42024-10-030000950170-24-112697Insider equity transaction reported since the proxy statement. Filing ↗
95Section 02, VEP Group, LLC 2024-10-01Form 42024-10-030000950170-24-112697Insider equity transaction reported since the proxy statement. Filing ↗
96Section 02, VEP Group, LLC 2024-10-01Form 42024-10-030000950170-24-112697Insider equity transaction reported since the proxy statement. Filing ↗
97Section 02, VEP Group, LLC 2024-10-01Form 42024-10-030000950170-24-112697Insider equity transaction reported since the proxy statement. Filing ↗
98Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
99Section 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
100Section 09b board cost (computed)Computed——Cash 320,000 + equity 450,000 + all other 0 = 770,000, summed across the director compensation table rows.machine: formula: Σ = 770,000
101Vertex, Inc., Section 10b CEO totalDEF 14A2026-04-270001104659-26-049441CEO total compensation as printed in Vertex, Inc.'s own proxy. As printed: 25,615,909. Filing ↗machine: t73 · r3 · c8 · span 499975–499985
102Paylocity Holding Corporation, Section 10b CEO totalDEF 14A2025-10-230001591698-25-000102CEO total compensation as printed in Paylocity Holding Corporation's own proxy. As printed: 18,044,482. Filing ↗machine: t90 · r2 · c24 · span 674330–674340
103BILL Holdings, Inc., Section 10b CEO totalDEF 14A2025-10-270001193125-25-251571CEO total compensation as printed in BILL Holdings, Inc.'s own proxy. As printed: 16,139,836. Filing ↗machine: t222 · r3 · c34 · span 972693–972703
104Workiva Inc., Section 10b CEO totalDEF 14A2026-04-170001445305-26-000030CEO total compensation as printed in Workiva Inc.'s own proxy. As printed: 15,640,220. Filing ↗machine: span 1433486–1433496
105ACI 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
106Guidewire Software, Inc., Section 10b CEO totalDEF 14A2025-10-300001528396-25-000233CEO total compensation as printed in Guidewire Software, Inc.'s own proxy. As printed: 14,012,061. Filing ↗machine: r3 · c21 · span 777771–777781
107PowerSchool Holdings (subject), Section 10b CEO totalDEF 14A2024-04-040001140361-24-017804CEO total compensation as printed in PowerSchool Holdings's own proxy. As printed: 13,914,272. Filing ↗machine: r2 · c27 · span 534355–534366
108BlackLine, Inc., Section 10b CEO totalDEF 14A2026-03-250001628280-26-020925CEO total compensation as printed in BlackLine, Inc.'s own proxy. As printed: 11,614,676. Filing ↗machine: r2 · c54 · span 948504–948514
109Aspen Technology, Inc., Section 10b CEO totalDEF 14A2024-10-240001897982-24-000062CEO total compensation as printed in Aspen Technology, Inc.'s own proxy. As printed: 11,541,446. Filing ↗machine: r2 · c24 · span 565955–565965
110SPS Commerce, Inc., Section 10b CEO totalDEF 14A2026-04-140001092699-26-000029CEO total compensation as printed in SPS Commerce, Inc.'s own proxy. As printed: 11,410,244. Filing ↗machine: r2 · c42 · span 913548–913558
111Tyler Technologies, Inc., Section 10b CEO totalDEF 14A2026-03-230000860731-26-000022CEO total compensation as printed in Tyler Technologies, Inc.'s own proxy. As printed: 8,858,370. Filing ↗machine: r9 · c27 · span 1010313–1010322
112Instructure Holdings, Inc., Section 10b CEO totalDEF 14A2024-04-220000950170-24-046440CEO total compensation as printed in Instructure Holdings, Inc.'s own proxy. As printed: 6,400,555. Filing ↗machine: r2 · c25 · span 432265–432274
113Blackbaud, Inc., Section 10b CEO totalDEF 14A2026-04-210001280058-26-000009CEO total compensation as printed in Blackbaud, Inc.'s own proxy. As printed: 6,022,250. Filing ↗machine: span 1051214–1051223
114AppFolio, Inc., Section 10b CEO totalDEF 14A2026-04-280001433195-26-000031CEO total compensation as printed in AppFolio, Inc.'s own proxy. As printed: 5,438,904. Filing ↗machine: r3 · c51 · span 627702–627711
115Section 10a, Aspen Technology, Inc. reciprocityDEF 14A—0001897982-24-000062Aspen Technology, Inc.'s most recent proxy was read; its disclosed peer group does not include PowerSchool Holdings. Filing ↗
116Section 10a, BILL Holdings, Inc. reciprocityDEF 14A—0001193125-25-251571BILL Holdings, Inc.'s most recent proxy was read; its disclosed peer group does not include PowerSchool Holdings. Filing ↗
117Section 10a, Blackbaud, Inc. reciprocityDEF 14A—0001280058-26-000009Blackbaud, Inc.'s most recent proxy was read; its disclosed peer group does not include PowerSchool Holdings. Filing ↗
118Section 10a, BlackLine, Inc. reciprocityDEF 14A—0001628280-26-020925BlackLine, Inc.'s most recent proxy was read; its disclosed peer group does not include PowerSchool Holdings. Filing ↗
119Section 10a, Guidewire Software, Inc. reciprocityDEF 14A—0001528396-25-000233Guidewire Software, Inc.'s most recent proxy was read; its disclosed peer group does not include PowerSchool Holdings. Filing ↗
120Section 10a, Paylocity Holding Corporation reciprocityDEF 14A—0001591698-25-000102Paylocity Holding Corporation's most recent proxy was read; its disclosed peer group does not include PowerSchool Holdings. Filing ↗
121Section 10a, SPS Commerce, Inc. reciprocityDEF 14A—0001092699-26-000029SPS Commerce, Inc.'s most recent proxy was read; its disclosed peer group does not include PowerSchool Holdings. Filing ↗
122Section 10a, Tyler Technologies, Inc. reciprocityDEF 14A—0000860731-26-000022Tyler Technologies, Inc.'s most recent proxy was read; its disclosed peer group does not include PowerSchool Holdings. Filing ↗

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