Form 4: Roy Vallee Reports Stock Award and Partnership Holdings in Synopsys Inc.

Director Roy Vallee reports acquisition of 356 shares of Synopsys Inc. stock and indirect ownership of 20,000 shares through a partnership.

Summary

• Roy Vallee, a director of Synopsys Inc., reported a transaction on April 10, 2024.
• Vallee acquired 356 shares of Synopsys common stock at a price of $0.0.
• Following the transaction, Vallee directly owns 2,622 shares of common stock.
• Vallee also indirectly owns 20,000 shares through a partnership.
• The shares were awarded under the Synopsys 2017 Non-Employee Directors Equity Incentive Plan and will vest before the next Annual Meeting, contingent on continued board service.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The filing reflects standard director compensation practices and aligns director interests with shareholders through equity ownership.

Positives

• The acquisition of shares by a director signals confidence in the company's future.
• The vesting of shares is tied to continued board service, aligning the director's interests with those of the shareholders.

Future Outlook

The shares will vest on the date immediately preceding the first Annual Meeting following the Date of Grant, subject to the Eligible Director's continued Board service through such date.

Industry Context

This filing is a routine disclosure related to director compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding the alignment of interests between company leadership and shareholders.

Comparison to Industry Standards

• Director compensation packages often include stock awards to align their interests with shareholders, a common practice among publicly traded companies like Synopsys.
• Companies such as Cadence Design Systems and Mentor Graphics (now Siemens EDA) also utilize similar equity incentive plans for their non-employee directors.

Stakeholder Impact

• The stock award aligns the director's interests with those of the shareholders.
• Transparency in director compensation fosters trust with investors.

Key Dates