Form 4: Synopsys Director Marc N. Casper Reports Acquisition of Common Stock

Director Marc N. Casper reports acquiring 356 shares of Synopsys Inc. common stock at $0.00 price, increasing direct holdings to 2,092 shares.

Summary

• On April 10, 2024, Marc N. Casper, a director of Synopsys Inc., 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 $0.00.
• Following the transaction, Casper directly owns 2,092 shares of Synopsys Inc. common stock.
• Casper also has indirect ownership of Synopsys Inc. common stock through an LLC and a managed account, holding 5 and 94 shares respectively.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a routine transaction related to director compensation. It doesn't indicate any significant positive or negative outlook for the company.

Positives

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

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 stock ownership, common in the technology industry where equity-based compensation is prevalent.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns director interests with company performance.

Key Dates