Synopsys (SNPS) CRO Michael Ellow Buys 27 Shares via ESPP

What Happened
Michael Ellow, Chief Revenue Officer of Synopsys (SNPS), acquired 27 shares on 2026-08-31 at $360.96 per share, for a total value of $9,746. The transaction is reported as an "Other acquisition or disposition (J)" and the filing's footnote clarifies the purchase was made under Synopsys’ Employee Stock Purchase Plan (ESPP).

Key Details

• Transaction date: 2026-08-31; Price: $360.96; Shares: 27; Total ≈ $9,746.
• Filing date: Form 4 filed 2026-09-02 (covers the 8/31 transaction); filing appears timely.
• Shares owned after transaction: not specified in the information provided.
• Footnote: F1 indicates acquisition under Synopsys, Inc. Employee Stock Purchase Plan (ESPP).
• Transaction code: J (other acquisition/disposition) clarified by the ESPP footnote.

Context
ESPP purchases are routine payroll- or contribution-based acquisitions and are common for employees and executives; they signal personal investment but are generally considered regular compensation/benefit activity rather than an active market-timing trade. This was a small purchase in dollar terms and should be interpreted in that context.