Synopsys (NASDAQ: SNPS) director awarded 453 shares, shifts stake to trust
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
JOHNSON MERCEDES reported acquisition or exercise transactions in this Form 4 filing.
Synopsys director Mercedes Johnson reported receiving an automatic award of 453 shares of common stock, granted at no cost under the company’s Amended and Restated Equity Incentive Plan. These shares will vest on the date immediately preceding the first Annual Meeting following the grant date, assuming continued Board service.
Johnson also reported an internal transfer of 491 previously directly held shares into the Mercedes Johnson Trust, bringing her indirectly held position through the trust to 2,390 shares. This transfer is disclosed as exempt from Section 16 under Rule 16a-13.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
JOHNSON MERCEDES
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 453 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 453 shares (Direct);
Common Stock — 2,390 shares (Indirect, by Trust)
Footnotes (1)
- 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. Automatic award under the Amended and Restated Equity Incentive Plan. Prior to April 16, 2026, the reporting person held 491 shares under direct ownership and 1,899 shares under indirect ownership. On April 16, 2026 the reporting person transferred the 491 shares held under direct ownership into the Mercedes Johnson Trust. The transfer is exempt from Section 16 by virtue of Rule 16a-13. The shares are indirectly held by the reporting person through the Mercedes Johnson Trust.
Key Figures
Director stock award: 453 shares
Direct holdings after award: 453 shares
Indirect holdings via trust after transfer: 2,390 shares
+2 more
5 metrics
Director stock award
453 shares
Automatic common stock grant at $0.00 per share
Direct holdings after award
453 shares
Common stock directly held following grant
Indirect holdings via trust after transfer
2,390 shares
Common stock held indirectly by Mercedes Johnson Trust
Shares transferred to trust
491 shares
Previously direct, moved into Mercedes Johnson Trust
Prior indirect holdings
1,899 shares
Indirect common stock before transfer to trust
Key Terms
Amended and Restated Equity Incentive Plan, Section 16, Rule 16a-13, Annual Meeting, +1 more
5 terms
Amended and Restated Equity Incentive Plan financial
"Automatic award under the Amended and Restated Equity Incentive Plan."
Section 16 regulatory
"The transfer is exempt from Section 16 by virtue of Rule 16a-13."
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
Rule 16a-13 regulatory
"The transfer is exempt from Section 16 by virtue of Rule 16a-13."
Annual Meeting financial
"will vest on the date immediately preceding the first Annual Meeting following the Date of Grant"
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.
Trust financial
"shares are indirectly held by the reporting person through the Mercedes Johnson Trust."
FAQ
What insider transaction did Synopsys (SNPS) director Mercedes Johnson report?
Mercedes Johnson reported receiving an automatic award of 453 Synopsys common shares at no cost as director compensation. She also reported transferring 491 previously directly held shares into the Mercedes Johnson Trust, consolidating part of her holdings under indirect trust ownership exempt under Rule 16a-13.
What change occurred in Mercedes Johnson’s indirect Synopsys (SNPS) holdings?
Mercedes Johnson transferred 491 directly held shares into the Mercedes Johnson Trust, increasing her indirectly held shares there to 2,390. The filing states this transfer is exempt from Section 16 under Rule 16a-13 and that the shares are held through the Mercedes Johnson Trust structure.