Form 4: Synopsys Director Mercedes Johnson Reports Stock Award and Trust Transactions

Director Mercedes Johnson reports acquisition of common stock and disposition of shares held by a trust.

Summary

• On April 10, 2024, Mercedes Johnson, a director of Synopsys Inc. (SNPS), acquired 356 shares of common stock.
• These shares were awarded automatically under the Synopsys 2017 Non-Employee Directors Equity Incentive Plan at a price of $0.00.
• Also on April 10, 2024, Ms. Johnson disposed of 5,346 shares of common stock held indirectly by a trust.
• Following these transactions, Ms. Johnson directly owns 2,053 shares of Synopsys common stock and indirectly owns 5,346 shares through a trust.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a routine disclosure of stock transactions by a director. The award is positive, but the trust disposal is neutral.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Negatives

• The disposal of shares held by a trust could be interpreted negatively, although it may be for routine estate planning purposes.

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

Directors' stock transactions are routinely monitored as indicators of company health and management's confidence. This filing is a standard disclosure required by the SEC.

Stakeholder Impact

• The transaction may have a minor impact on shareholders' perception of the company, depending on how they interpret the director's stock activity.

Key Dates