Synopsys (SNPS) awards CRO Michael Ellow 24,286 restricted stock units
Rhea-AI Filing Summary
Synopsys, Inc. reported that Chief Revenue Officer Michael Ellow received a grant of 24,286 restricted stock units on December 12, 2025. Each unit represents the right to receive one share of Synopsys common stock for no cash payment.
The grant was approved by the Compensation Committee under the Synopsys, Inc. 2006 Employee Equity Incentive Plan. One-sixth of the units vest on June 15, 2026, with the remaining units vesting in five equal semi-annual installments through December 15, 2028, subject to Mr. Ellow’s continued service.
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FAQ
What insider transaction did Synopsys (SNPS) report for Michael Ellow?
Synopsys reported that Chief Revenue Officer Michael Ellow received a grant of 24,286 restricted stock units on December 12, 2025, tied to Synopsys common stock.
How many restricted stock units were granted to Synopsys CRO Michael Ellow?
Chief Revenue Officer Michael Ellow was granted 24,286 restricted stock units, each linked to one share of Synopsys common stock.
When do Michael Ellow’s Synopsys RSUs start vesting and when are they fully vested?
One-sixth of Michael Ellow’s RSUs vest on June 15, 2026. The remaining units vest in five equal semi-annual installments through December 15, 2028, subject to continued service.
Under which equity plan were Michael Ellow’s Synopsys restricted stock units granted?
The RSU grant was approved under the Synopsys, Inc. 2006 Employee Equity Incentive Plan, as authorized by the Compensation Committee of the Board of Directors.
What is the exercise or purchase price for Michael Ellow’s Synopsys restricted stock units?
The restricted stock units have a conversion price of $0.0, meaning no cash payment is required when they convert into Synopsys common stock.
How many derivative securities does Michael Ellow beneficially own after this grant?
Following the reported transaction, Michael Ellow beneficially owns 24,286 restricted stock units as derivative securities, held with direct ownership.