Form 4: Synopsys CEO Sassine Ghazi Acquires Shares Under Employee Stock Purchase Plan
SEC Form 4
Synopsys CEO Sassine Ghazi acquired 38 shares of common stock through the company's Employee Stock Purchase Plan on February 29, 2024.
Summary
- On February 29, 2024, Sassine Ghazi, the President and CEO of Synopsys Inc., acquired 38 shares of common stock.
- The acquisition was made through the Synopsys, Inc. Employee Stock Purchase Plan.
- The price per share was $261.5535.
- Following the transaction, Ghazi directly owns 61,901 shares of Synopsys common stock.
Sentiment
Score: 6
Explanation: Neutral sentiment as it reflects a routine transaction under an employee stock purchase plan. It doesn't indicate any significant positive or negative outlook.
Positives
- The CEO's participation in the Employee Stock Purchase Plan could be seen as a positive signal, indicating confidence in the company's future.
Industry Context
This is a routine transaction related to executive compensation and participation in employee stock purchase plans, which are common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a small number of shares acquired through an existing employee program.
Key Dates
| Date | Description |
|---|---|
| 02/29/2024 | Date of transaction: Sassine Ghazi acquired 38 shares of Synopsys common stock. |
| 03/04/2024 | Date of report: Filing date of the Form 4. |
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