Summary by Moomoo AI
John F. Runkel Jr., General Counsel and Corporate Secretary of Synopsys, executed a series of transactions on 12/06/2024. Runkel exercised options to acquire 6,170 shares of Common Stock at $0 per share. Subsequently, he disposed of 3,062 shares at $517.28 each, for a total value of $1.58 million.The transactions were part of a payment for exercise price or tax liability by delivering or withholding securities. After these transactions, Runkel's direct ownership in Synopsys increased to 23,143 shares.These pre-planned transactions, set for execution in 2024, demonstrate a standard practice for executives to manage their equity compensation and associated tax obligations.