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Synopsys | 4: Statement of changes in beneficial ownership of securities-Officer DE GEUS AART

SEC ·  Dec 11 01:00

Summary by Futu AI

On 12/06/2024, Aart de Geus, Executive Chair of Synopsys, executed a series of transactions involving company stock. De Geus exercised options to acquire 19,128 shares of Common Stock at no cost, then disposed of 9,487 shares at $517.28 per share for tax liability purposes, resulting in a total market value of approximately $4.91 million for the disposed shares.After these transactions, de Geus directly owns 116,646 shares of Synopsys Common Stock. Additionally, he indirectly holds 308,791 shares through a Family Trust and 14,500 shares through a Partnership, bringing his total beneficial ownership to 439,937 shares.These pre-planned transactions, set to occur in December 2024, demonstrate a standard practice for executives to manage their equity compensation and associated tax obligations. The net increase in de Geus's direct holdings suggests a continued alignment with the company's interests.
On 12/06/2024, Aart de Geus, Executive Chair of Synopsys, executed a series of transactions involving company stock. De Geus exercised options to acquire 19,128 shares of Common Stock at no cost, then disposed of 9,487 shares at $517.28 per share for tax liability purposes, resulting in a total market value of approximately $4.91 million for the disposed shares.After these transactions, de Geus directly owns 116,646 shares of Synopsys Common Stock. Additionally, he indirectly holds 308,791 shares through a Family Trust and 14,500 shares through a Partnership, bringing his total beneficial ownership to 439,937 shares.These pre-planned transactions, set to occur in December 2024, demonstrate a standard practice for executives to manage their equity compensation and associated tax obligations. The net increase in de Geus's direct holdings suggests a continued alignment with the company's interests.

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