Form 4: Synopsys Director Bruce R. Chizen Reports Acquisition of Common Stock

Director Bruce R. Chizen reported the acquisition of 491 shares of Synopsys Inc. common stock on April 10, 2025, through an automatic award under the company's 2017 Non-Employee Directors Equity Incentive Plan.

Summary

• On April 10, 2025, Bruce R. Chizen, a director of Synopsys Inc., acquired 491 shares of common stock.
• The acquisition was an automatic award under the Synopsys 2017 Non-Employee Directors Equity Incentive Plan.
• The price per share was $0.0.
• Following the transaction, Chizen beneficially owns 15,709 shares of Synopsys Inc. common stock directly.
• 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.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. A director acquiring shares generally indicates confidence in the company, but it's a routine transaction under an existing equity plan.

Positives

• The acquisition of shares by a director signals confidence in the company's future prospects.
• The automatic award under the equity incentive plan aligns the director's interests with those of the shareholders.

Industry Context

Director share acquisitions are common in the technology industry as part of compensation packages and to align director interests with shareholder value.

Comparison to Industry Standards

• Equity incentive plans for non-employee directors are a standard practice among publicly traded companies, particularly in the tech sector.
• Companies like Cadence Design Systems (CDNS) and Ansys (ANSS) also utilize equity-based compensation for their directors.

Stakeholder Impact

• The acquisition of shares by a director can positively influence shareholder sentiment.

Key Dates

Keywords

Synopsys, Director, Bruce R. Chizen, Common Stock, Acquisition, Equity Incentive Plan, SNPS, Beneficial Ownership