Form 4: Synopsys Director Jeannine P. Sargent Reports Acquisition of Common Stock

Director Jeannine P. Sargent reports acquisition of 356 shares of Synopsys common stock and indirect ownership through a family trust.

Summary

• On April 10, 2024, Jeannine P. Sargent, a director of Synopsys Inc. (SNPS), acquired 356 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, Sargent directly owns 2,053 shares of common stock.
• Sargent also indirectly owns 445 shares through a Family Trust.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The director's acquisition of shares suggests confidence in the company, but it's a routine transaction.

Positives

• The acquisition of shares by a director signals confidence in the company's future.

Future Outlook

The shares subject to the Award 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 equity ownership, common in publicly traded companies.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment.

Key Dates