Summary by Moomoo AI
On December 6, 2024, Ghazi Sassine, President and CEO of Synopsys Inc, engaged in multiple stock transactions. Sassine acquired a total of 16,494 shares of Common Stock at $0 per share through the exercise of derivative securities. Concurrently, he disposed of 8,181 shares at $517.28 each, resulting in a total market value of $4,231,867.68.The transactions were executed as part of payment for exercise price or tax liability by delivering or withholding securities. After these transactions, Sassine's direct ownership of Synopsys Common Stock stands at 71,347 shares.These stock movements reflect a common practice among executives for managing equity compensation and associated tax obligations. The net increase in Sassine's shareholding may signal confidence in the company's future prospects.
