SNPS.NASDAQSynopsys INC

Form 4: Synopsys Inc. Executive Chair Aart de Geus Reports Stock Acquisition

Sentiment:

SEC Form 4 Filing


Aart de Geus, Executive Chair of Synopsys Inc., reports acquiring 38 shares of common stock through the company's Employee Stock Purchase Plan.

Summary

  • On February 29, 2024, Aart de Geus, the Executive Chair of Synopsys Inc., acquired 38 shares of common stock.
  • The acquisition was made through the Synopsys, Inc. Employee Stock Purchase Plan.
  • The price per share was $261.5535.
  • Following the transaction, Mr. de Geus directly owns 105,829 shares of Synopsys Inc. common stock.
  • He also indirectly owns 122,226 shares through a Family Trust, 14,500 shares through a Partnership, and 186,551 shares through a Separate Property Trust.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The transaction reflects standard executive compensation practices and insider confidence, but it's not a major event.

Positives

  • The acquisition of shares through the Employee Stock Purchase Plan indicates confidence in the company's future.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

  • The transaction has a minimal direct impact on stakeholders, primarily reflecting routine executive compensation.

Key Dates

DateDescription
02/29/2024Date of stock acquisition
03/04/2024Date of report signature

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