Synopsys (SNPS) director granted 453 shares under equity incentive plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PAINTER ROBERT G reported acquisition or exercise transactions in this Form 4 filing.
SYNOPSYS INC director Robert G. Painter received an equity award of 453 shares of Common Stock as compensation. The shares were granted at a price of $0.00 per share and are scheduled to vest on the date immediately preceding the first Annual Meeting following the grant, contingent on his continued Board service. Following this award, he directly holds 2,744 shares of Synopsys common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
PAINTER ROBERT G
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 453 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 2,744 shares (Direct)
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.
Key Figures
Shares granted: 453 shares
Grant price: $0.00 per share
Shares held after grant: 2,744 shares
3 metrics
Shares granted
453 shares
Common Stock award to director on April 16, 2026
Grant price
$0.00 per share
Equity award to director, non-cash compensation
Shares held after grant
2,744 shares
Director’s direct Synopsys common stock holdings post-award
Key Terms
Annual Meeting, Equity Incentive Plan, Award, Eligible Director
4 terms
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.
Equity Incentive Plan financial
"Automatic award under the Amended and Restated Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
Award financial
"The shares subject to the Award will vest on the date immediately preceding"
Eligible Director financial
"subject to the Eligible Director's continued Board service through such date"
FAQ
What insider transaction did Synopsys (SNPS) director Robert G. Painter report?
Robert G. Painter reported receiving an equity award of 453 Synopsys common shares. The grant was made at $0.00 per share as director compensation, increasing his direct holdings to 2,744 shares after the transaction, according to the Form 4 filing details.
What are the vesting terms of Robert G. Painter’s new Synopsys (SNPS) stock award?
The 453-share award will vest on the date immediately preceding the first Annual Meeting following the grant date. Vesting is conditional on Robert G. Painter’s continued service on the Synopsys Board through that date, as disclosed in the Form 4 footnotes.
Under which plan was Robert G. Painter’s Synopsys (SNPS) stock award granted?
The 453-share award to Robert G. Painter was an automatic grant under Synopsys’ Amended and Restated Equity Incentive Plan. This plan provides equity-based compensation to eligible directors, with vesting tied to continued Board service through the specified vesting date.