Form 4: Synopsys Inc. Executive Acquires Shares Through Employee Stock Purchase Plan
SEC Form 4
Richard S. Mahoney, Chief Revenue Officer of Synopsys Inc., acquired 22 shares of common stock through the company's Employee Stock Purchase Plan on August 30, 2024.
Summary
- On August 30, 2024, Richard S. Mahoney, the Chief Revenue Officer of Synopsys Inc., acquired 22 shares of common stock.
- The acquisition was made through the Synopsys, Inc. Employee Stock Purchase Plan.
- The price per share was $441.643.
- Following the transaction, Mahoney directly owns 3,287 shares of Synopsys Inc. common stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. It reflects a routine transaction (stock purchase via employee plan) by a key executive, which is generally seen as a sign of confidence in the company.
Positives
- Executive participation in the Employee Stock Purchase Plan demonstrates confidence in the company's future.
Industry Context
Executive stock purchases are common and often viewed positively, indicating management's belief in the company's prospects. Employee Stock Purchase Plans are a common way for employees to acquire company stock.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders.
- It may be viewed positively by shareholders as it indicates executive confidence.
Key Dates
| Date | Description |
|---|---|
| 08/30/2024 | Date of transaction: Richard S. Mahoney acquired 22 shares of Synopsys Inc. common stock. |
| 09/04/2024 | Date of signature on the Form 4 filing. |
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