Summary by Moomoo AI
Synopsys, Inc. officer John Frederick Runkel Jr. is set to sell 1,219 shares of common stock on February 23, 2024, according to a recent filing. The shares, valued at an aggregate market value of $711,835.05, were acquired on the same day through the exercise of stock options. The transaction involved a cash payment to the issuer for the securities. This sale follows a previous transaction in the past three months where Runkel Jr. sold 2,508 shares, with gross proceeds totaling $1,269,499.44. The planned sale is part of a trading plan adopted on September 29, 2023.