Form 4: Synopsys CEO Sassine Ghazi Reports Stock Transactions
SEC Form 4
Synopsys CEO Sassine Ghazi reports the disposition and acquisition of common stock and restricted stock units to cover tax obligations.
Summary
- On September 13, 2024, Synopsys CEO Sassine Ghazi engaged in transactions involving the company's stock.
- 882 shares of common stock were acquired through the vesting of restricted stock units.
- 438 shares were disposed of to cover tax withholding obligations related to the vesting of the restricted stock units at a price of $490.07 per share.
- Following these transactions, Ghazi directly owns 63,034 shares of Synopsys common stock.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions related to executive compensation. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minimal impact on stakeholders as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 09/15/2021 | Date exercisable for Restricted Stock Units |
| 09/13/2024 | Date of stock transactions (acquisition and disposition). |
| 09/15/2024 | Expiration date for Restricted Stock Units |
| 09/17/2024 | Date of report signature. |
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