Chief Technology Officer · Altair Engineering Inc. (ALTR)

Mahalingam Srikanth

A named executive officer of Altair Engineering in every fiscal year CompBrief holds from FY2021 to FY2023. Every figure below is printed as the company filed it and cited to the filing it came from.

Total disclosed compensation, FY2023

$1,303,867

FY2022: $1,308,751

Compensation figures as of the proxy filed April 5, 2024 (DEF 14A). Insider transactions since that proxy, current to 2026-09-24.

Mahalingam Srikanth compensation by year

Altair Engineering Summary Compensation Table · all 3 fiscal years held
In US dollars, as Altair Engineering reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2021FY2022FY2023
Salary$300,000$330,000$340,000
Bonus$0$0$0
Stock awards$129,619$176,102$387,098
Option awards$140,593$655,649$414,769
Non-equity incentive$152,238$145,000$160,000
Pension and deferred compensation$0$0$0
All other$2,000$2,000$2,000
Total$724,450$1,308,751$1,303,867

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Altair Engineering Inc. DEF 14A filed April 5, 2024, accession 0001193125-24-087903, and prior-year filings. Open the filing on EDGAR.

$724K
$1.3M
$1.3M
FY21
FY22
FY23
SalaryNon-equity incentiveStock awardsOption awardsAll other

Equity holdings

unvested awards at FY2023 year-end
TypeUnvested unitsValue at year-endExercise price
RSU5,938$499,683—
RSU2,137$179,829—
RSU1,046$88,021—
RSU368$30,967—
Option24,000—$45.91
Option6,375—$61.79
Option14,845—$65.19
Option368—$30.15
Option3,140—$61.93

Per the Outstanding Equity Awards at Fiscal Year-End table in Altair Engineering Inc.'s FY2023 proxy; value at the fiscal year-end close, as the company printed it.

Insider transactions since the last proxy

14 Form 4 lines since the FY2023 proxy (filed April 5, 2024)
current to 2026-09-24 · updated nightly
DateTransactionPlanSharesPriceHeld after
2025-03-26Disposition to the issuer—49,875$113.000
2025-03-26Disposition to the issuer derivative—3,804$109.360
2025-03-26Disposition to the issuer derivative—35,168$107.820
2025-03-26Disposition to the issuer derivative—22,500$73.180
2025-03-26Disposition to the issuer derivative—14,845$47.810
2025-03-26Disposition to the issuer derivative—7,136$109.160
2025-03-26Disposition to the issuer derivative—24,000$67.090
2025-03-26Disposition to the issuer derivative—15,625$33.970

The 8 most recent of 14 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →

Change-in-control & termination

estimated payments Altair Engineering discloses, by trigger · FY2023
TriggerCash severanceAccelerated equityBenefits continuationTotal as disclosed
Change in control, no termination$0$2,229,908$0$2,229,908
Involuntary termination without cause$500,000$0$20,263—
Change in control and involuntary termination$500,000$2,229,908$20,263—

Per the Potential Payments Upon Termination or Change in Control table in Altair Engineering Inc.'s FY2023 proxy. Estimates as the company printed them; a dash means it printed no figure.

Altair Engineering’s named executive officers, FY2023

as the company reported each
Named executive officerRoleFY2023 total
James ScapaChief Executive Officer and Chairman$7,318,992
Matthew BrownChief Financial Officer$2,555,581
Mahalingam Srikanth · this pageChief Technology Officer$1,303,867
Stephanie BucknerChief Operating Officer$1,127,200
Nelson DiasChief Revenue Officer$1,105,200

The full Altair Engineering compensation record

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Compensation, the day it’s disclosed

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How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Altair Engineering's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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