Form 4: Synopsys Executive John F. Runkel Jr. Reports Stock Transactions
SEC Form 4 Filing
John F. Runkel Jr., GC & Corporate Secretary of Synopsys Inc., reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On March 15, 2025, John F. Runkel Jr., GC & Corporate Secretary of Synopsys Inc., engaged in transactions involving Synopsys common stock.
- 406 shares were acquired through the vesting of restricted stock units at a price of $0.0.
- 151 shares were disposed of to cover tax withholding obligations at a price of $446.23 per share.
- Following these transactions, Runkel directly owns 23,383 shares of Synopsys common stock and 811 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock. It is a standard practice for executives to receive stock-based compensation and subsequently manage tax obligations through stock sales.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date when 25% of the restricted stock units vest. |
| 03/15/2025 | Date of the reported transactions: vesting of restricted stock units and tax withholding. |
| 03/15/2027 | Expiration date of the restricted stock units. |
| 03/18/2025 | Date of signature on the Form 4 filing. |
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