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Synopsys logoSynopsys SNPS

Synopsys said its stockholders approved the amended 2006 Employee Equity Incentive Plan at the annual meeting held on April 10, 2025, and that the amendment increases the number of shares available for issuance by 1,600,000.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Synopsys said its stockholders approved the amended 2006 Employee Equity Incentive Plan at the annual meeting held on April 10, 2025, and that the amendment increases the number of shares available for issuance by 1,600,000.

  2. Synopsys said its stockholders approved the amended Employee Stock Purchase Plan, which increases the shares available for issuance by 2,200,000 and gives the company discretion to reduce the 15% discount in an offering.

  3. The company said stockholders elected 9 directors, and that the advisory vote on executive compensation (Proposal 4) received 113,853,659 votes for, 11,142,380 against and 1,171,317 abstentions.

  4. The company said stockholders approved KPMG LLP as independent registered public accounting firm for the fiscal year ending October 31, 2025, and that a stockholder proposal on golden parachutes was not approved, with 48,395,048 votes for and 77,546,830 against.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Stockholders Approve Amended 2006 Employee Equity Incentive Plan

Synopsys said its stockholders approved the amended 2006 Employee Equity Incentive Plan at the annual meeting held on April 10, 2025, and that the amendment increases the number of shares available for issuance by 1,600,000.

Source · Based on the filing body and exhibits

Stockholders Approve Amended Employee Stock Purchase Plan

Synopsys said its stockholders approved the amended Employee Stock Purchase Plan, which increases the shares available for issuance by 2,200,000 and gives the company discretion to reduce the 15% discount in an offering.

Source · Based on the filing body and exhibits

Election of 9 Directors and Say-on-Pay Vote

The company said stockholders elected 9 directors, and that the advisory vote on executive compensation (Proposal 4) received 113,853,659 votes for, 11,142,380 against and 1,171,317 abstentions.

Source · Based on the filing body and exhibits

KPMG Approval and Golden Parachutes Proposal Not Approved

The company said stockholders approved KPMG LLP as independent registered public accounting firm for the fiscal year ending October 31, 2025, and that a stockholder proposal on golden parachutes was not approved, with 48,395,048 votes for and 77,546,830 against.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.