Jesse Cohn (SNPS) files initial Synopsys Form 3 as new director
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
SYNOPSYS INC director Jesse Cohn filed an initial Form 3, which is the required statement of his beneficial ownership when becoming a director. The filing shows no reported transactions in Synopsys stock and no listed derivative positions, so it is an administrative disclosure rather than a trading event.
Positive
- None.
Negative
- None.
Key Terms
Form 3, beneficial ownership, derivative positions
3 terms
Form 3 regulatory
"INSIDER FILING DATA (Form 3):"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
beneficial ownership financial
"initial statement of his beneficial ownership when becoming a director"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
derivative positions financial
"no listed derivative positions, so it is an administrative disclosure"
Derivative positions are contracts that derive their value from an underlying asset—such as a stock, bond, currency or commodity—and include instruments like options, futures and swaps. Think of them as bets or insurance tied to an asset’s future price: they let investors amplify returns, hedge risk or take exposure without owning the asset directly, which can meaningfully increase potential gains, losses and volatility in a portfolio.
FAQ
What does the Synopsys (SNPS) Form 3 filing by Jesse Cohn show?
The Form 3 for Jesse Cohn at Synopsys reports his initial beneficial ownership as he becomes a director. The filing lists no buy or sell transactions and no derivative positions, making it a routine ownership disclosure rather than a trading event.
What is the purpose of Jesse Cohn’s Form 3 for Synopsys (SNPS)?
The purpose of Jesse Cohn’s Form 3 is to provide an initial statement of beneficial ownership when he became a director of Synopsys. It establishes his reporting status with the SEC and discloses that there were no transactions included in this initial filing.
Does Jesse Cohn have Synopsys (SNPS) derivative positions reported in this Form 3?
No, the derivativeSummary section in the Form 3 is empty for Jesse Cohn. The filing indicates zero derivative transactions and no unexercised options or other derivative securities, so only baseline ownership disclosure is provided without derivative holdings detail.
Is Jesse Cohn considered a ten percent owner of Synopsys (SNPS) in this Form 3?
No, the Form 3 indicates that Jesse Cohn is a director of Synopsys but not a ten percent owner. The is_ten_percent_owner field is marked as zero, meaning he is subject to reporting as a director, not as a large beneficial shareholder.