Form 4: Synopsys Inc. Executive Acquires Shares Under Employee Stock Purchase Plan
SEC Form 4
Sudhindra Kankanwadi, Chief Accounting Officer of Synopsys Inc., acquired 25 shares of common stock through the company's Employee Stock Purchase Plan on February 28, 2025.
Summary
- On February 28, 2025, Sudhindra Kankanwadi, the Chief Accounting Officer of Synopsys Inc., acquired 25 shares of common stock.
- The acquisition was made through the Synopsys, Inc. Employee Stock Purchase Plan.
- The price per share was $388.688.
- Following the transaction, Kankanwadi directly owns 19,986 shares of Synopsys Inc. common stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects an executive's participation in the company's stock purchase plan, indicating confidence in the company's value. It's a routine transaction, but positive nonetheless.
Positives
- The acquisition of shares through the Employee Stock Purchase Plan indicates confidence in the company's future prospects by a key executive.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a small acquisition of shares by an executive.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of transaction: Sudhindra Kankanwadi acquired 25 shares of Synopsys Inc. common stock. |
| 03/04/2025 | Date of signature on the Form 4 filing. |
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