Form 4: Synopsys CEO Sassine Ghazi Reports Stock Transactions
SEC Form 4
Synopsys CEO Sassine Ghazi reports the vesting of restricted stock units and associated tax withholding.
Summary
- On March 15, 2025, Synopsys CEO Sassine Ghazi reported transactions involving Synopsys common stock.
- Ghazi vested 1,323 restricted stock units (RSUs) which converted into common stock.
- 656 shares were withheld by the company to cover tax obligations related to the RSU vesting at a price of $446.23.
- Following these transactions, Ghazi directly owns 71,589 shares of Synopsys common stock and 2,644 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions, with no inherent positive or negative implications.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common for publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders due to the change in the CEO's stock ownership.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Initial vesting date for restricted stock units. |
| 03/15/2025 | Date of transaction: vesting of restricted stock units and tax withholding. |
| 03/15/2027 | Expiration date for restricted stock units. |
| 03/18/2025 | Date of signature for the Form 4 filing. |
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