Form 4: Synopsys Inc. Executive Sudhindra Kankanwadi Reports Stock Transactions
SEC Form 4 Filing
Sudhindra Kankanwadi, Chief Accounting Officer of Synopsys Inc., reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On March 15, 2025, Sudhindra Kankanwadi, Chief Accounting Officer of Synopsys Inc., engaged in transactions involving Synopsys common stock.
- 794 restricted stock units vested, and Mr. Kankanwadi acquired 794 shares of common stock as a result.
- The company withheld 286 shares to cover tax obligations related to the vesting of the restricted stock units.
- Following these transactions, Mr. Kankanwadi directly owns 20,494 shares of Synopsys common stock and 1,586 derivative securities.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard reporting of stock transactions related to executive compensation.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Initial vesting date for restricted stock units. |
| 03/15/2025 | Date of transaction: vesting of restricted stock units and tax withholding. |
| 03/15/2027 | Expiration date for restricted stock units. |
| 03/18/2025 | Date of signature for the report. |
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