Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Dr. Matthew B. Klein earned $1.22M in total compensation at PTC Therapeutics, primarily from $747.22K salary. Most recently sold 15,584 shares in Feb 2025. Currently holds stock worth $27.72M. 2+ years at the helm of PTC Therapeutics.

Compensation History

Annual executive compensation data for Dr. Matthew B. Klein, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$1.22M

Salary

$747.22K

Bonus

$0.00

Other

$472.80K

Salary

$747.22K

Board Justification

The compensation philosophy is to align executive compensation with company performance and shareholder interests, with a significant portion being 'at risk'.

Bonus

$0.00

Board Justification

No bonus was awarded for 2023 as the corporate rating was 80% of target and individual performance modifier was 1.0, resulting in a cash incentive of $472,800 based on corporate performance.

Other Compensation

$472.80K

Board Justification

Includes the cash awards earned under the annual incentive program based on corporate performance.

Restricted Stock

$0.000 RSU

Board Justification

No stock was vested in 2023 as the stock options and RSUs granted in 2023 have not yet vested.

Performance Metrics

The performance metrics for 2023 included achieving corporate goals related to financial performance, commercial success, advancing programs and pipelines, and operational excellence.

P

Dr. Matthew B. Klein

CEO of PTC Therapeutics

Education

BA from the University of Pennsylvania, MD from Yale University School of Medicine, MS in Epidemiology from the University of Washington School of Public Health

Field of Expertise

Healthcare & Life Sciences - Medicine

Sector of Economy

Healthcare

Born

January 1, 1972 - 53 years ago

CEO of PTC Therapeutics for

2 years 8 months (Mar 2023 - Present)

Previous Experience

Chief Operating Officer at PTC Therapeutics, Inc.; formerly CEO of BioElectron Technology Corporation.

Holdings

Track Dr. Matthew B. Klein's stock holdings and portfolio value over time.

Total Stock Sold

$3.40M

PTCT

$3.40M

75,179 PTCT shares

What if they kept their stock?

If Dr. Matthew B. Klein didn't sell their stock, today they would have:
Extra PTCT75,179 shares worth $5.81M.
This is 70.64% and $2.40M more than what they got when they sold the stock.

Insider Trading

Dr. Matthew B. Klein's recent stock transactions, purchases, and sales filed with the SEC.

PTCT

$780.91K

PTCT at $50.11/share

Feb 19, 2025

Sale

PTCT

$204.12K

PTCT at $44.92/share

Jan 7, 2025

Sale

PTCT

70,000 shares

PTCT

Jan 3, 2025

Received

PTCT

$373.88K

PTCT at $45.16/share

Dec 31, 2024

Sale

PTCT

$83.67K

PTCT at $24.89/share

Apr 19, 2024

Sale

PTCT

$32.85K

PTCT at $25.14/share

Apr 17, 2024

Sale

PTCT

70,000 shares

PTCT

Feb 15, 2024

Received

PTCT

$221.40K

PTCT at $28.83/share

Jan 8, 2024

Sale

PTCT

$274.39K

PTCT at $27.15/share

Jan 5, 2024

Sale

PTCT

75,000 shares

PTCT

Dec 28, 2023

Received

Rivals

Compare Dr. Matthew B. Klein with competitor CEOs and industry peers.