Synopsys (SNPS) director Jesse Cohn granted new stock awards as board pay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cohn Jesse reported acquisition or exercise transactions in this Form 4 filing.
Synopsys Inc. director Jesse Cohn reported two stock awards of common stock as part of his board compensation. He received 372 shares and 710 shares at a stated price of $0.0000 per share, reflecting non-cash equity grants rather than open-market purchases.
After these awards, one line in the filing shows Cohn directly holding 1,082 shares of common stock, and another shows 710 shares held directly. Footnotes explain that 372 shares vest in three equal installments before each of the first three Annual Meetings following the grant date, while 710 shares vest before the first Annual Meeting following the grant date, in each case subject to continued Board service.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Cohn Jesse
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 710 | $0.00 | -- |
| Grant/Award | Common Stock | 372 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 710 shares (Direct, null)
Footnotes (1)
- The shares subject to the Award will vest in equal installments on the date immediately preceding each of the first three Annual Meetings following the Date of Grant, subject to the Eligible Director's continued Board service through such dates. Automatic award under the Amended and Restated Equity Incentive Plan. The shares subject to the Award will vest on the date immediately preceding the first Annual Meeting following the Date of Grant, subject to the Eligible Director's continued Board service through such date.
Key Figures
Director stock grant: 372 shares
Additional stock award: 710 shares
Post-grant holding (line 1): 1,082 shares
+3 more
6 metrics
Director stock grant
372 shares
Common stock award to Jesse Cohn with vesting over three Annual Meetings
Additional stock award
710 shares
Common stock award to Jesse Cohn vesting before first Annual Meeting
Post-grant holding (line 1)
1,082 shares
Total common stock directly held after the 372-share award
Post-grant holding (line 2)
710 shares
Total common stock directly held associated with the 710-share award
Grant price per share
$0.0000/share
Stated price for both common stock awards
Transaction count
2 acquisitions
Both coded as grant, award, or other acquisition (A)
Key Terms
Grant, award, or other acquisition, Annual Meeting, Amended and Restated Equity Incentive Plan, Eligible Director
4 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Annual Meeting financial
"will vest in equal installments on the date immediately preceding each of the first three Annual Meetings"
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
Amended and Restated Equity Incentive Plan financial
"Automatic award under the Amended and Restated Equity Incentive Plan."
Eligible Director financial
"subject to the Eligible Director's continued Board service through such dates."
FAQ
What insider transaction did Synopsys (SNPS) director Jesse Cohn report?
Jesse Cohn reported receiving two grants of Synopsys common stock as director compensation. The awards cover 372 shares and 710 shares, both recorded at a grant price of $0.0000 per share, indicating non-cash equity awards rather than market purchases.
Are Jesse Cohn’s reported Synopsys (SNPS) stock awards open-market purchases?
No, the Form 4 identifies both transactions with code “A” for a grant, award, or other acquisition. The stated price is $0.0000 per share, showing these are equity compensation awards, not open-market stock purchases or sales by the director.