Form 4: Synopsys Inc. Director Robert G. Painter Reports Acquisition of Common Stock

Director Robert G. Painter reports acquisition of 356 shares of Synopsys Inc. common stock through an automatic award under the company's equity incentive plan.

Summary

• On April 10, 2024, Robert G. Painter, 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 $0.0.
• Following the transaction, Painter directly owns 1,450 shares of Synopsys Inc. common stock.

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 under an existing equity plan.

Positives

• The acquisition of shares by a director signals confidence in the company's future performance.
• The automatic award under the equity incentive plan aligns the director's interests with those of the shareholders.

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 Form 4 filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the ownership changes of company insiders.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with theirs.

Key Dates