Form 4: Synopsys Inc. Executive John F. Runkel Jr. Reports Sale of Common Stock
SEC Form 4 Filing
John F. Runkel Jr., GC & Corporate Secretary of Synopsys Inc., reports the sale of 5,319 shares of common stock on April 3, 2024.
Summary
- On April 3, 2024, John F. Runkel Jr., the GC & Corporate Secretary of Synopsys Inc. (SNPS), sold 5,319 shares of common stock.
- The sale was executed at a weighted average price of $579.3688 per share.
- The prices for individual transactions ranged from $577.305 to $580.220.
- Following the reported transaction, Runkel directly owns 20,000 shares of Synopsys Inc.
Sentiment
Score: 5
Explanation: This is a routine Form 4 filing, indicating a sale of shares by an executive. The sentiment is neutral as it doesn't inherently indicate positive or negative news about the company.
Industry Context
Executive stock sales are a common occurrence and are often related to personal financial planning rather than a reflection of the company's performance. However, large or frequent sales can sometimes be viewed negatively by investors.
Stakeholder Impact
- The sale of shares by an executive could have a minor impact on shareholder sentiment, depending on the size and frequency of such transactions.
Key Dates
| Date | Description |
|---|---|
| 04/03/2024 | Date of transaction: John F. Runkel Jr. sold 5,319 shares of Synopsys Inc. common stock. |
| 04/05/2024 | Date of report: Form 4 filing date. |
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