Form 4: Synopsys Director Peter Shimer Receives Equity Grant
Statement of Changes in Beneficial Ownership
Director Peter A. Shimer acquired 453 shares of Synopsys common stock via an automatic equity incentive plan award.
Summary
- Director Peter A. Shimer was granted 453 shares of Synopsys (SNPS) common stock.
- The transaction occurred on April 16, 2026.
- The shares were acquired at a price of $0.0 as part of an automatic award under the company's Amended and Restated Equity Incentive Plan.
- Following this transaction, the reporting person's total beneficial ownership is 1,378 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial outlook.
Positives
- Alignment of director interests with shareholders through equity-based compensation.
Negatives
- None identified.
Risks
- Vesting of the shares is contingent upon the director's continued service on the Board through the date immediately preceding the first Annual Meeting following the grant.
Future Outlook
The shares are subject to a vesting schedule tied to the director's continued service until the next Annual Meeting.
Industry Context
StockSavvy.ai notes that automatic equity grants to non-employee directors are standard corporate governance practice in the technology sector to ensure board alignment with long-term shareholder value.
Comparison to Industry Standards
- The grant follows standard equity incentive plan structures common among S&P 500 technology companies.
- The vesting condition tied to the next Annual Meeting is a typical retention mechanism for board members.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard director compensation event.
Next Steps
- Vesting of the 453 shares upon the date immediately preceding the first Annual Meeting following the grant.
Key Dates
| Date | Description |
|---|---|
| 04/16/2026 | Date of the equity grant transaction. |
| 04/17/2026 | Date of filing the Form 4. |
Keywords
Synopsys, SNPS, Form 4, Insider Trading, Equity Incentive Plan, Director Compensation
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