Form 8-K · Current Report · Filed 2026-05-27
Synopsys Appoints Jesse Cohn to Board of Directors
Synopsys, Inc. has entered into a Cooperation Agreement with Elliott Investment Management L.P., resulting in the appointment of Jesse Cohn to its Board of Directors, effective June 1, 2026. Cohn, a Managing Partner at Elliott with extensive experience in public technology companies, will serve as an independent director and join the Corporate Governance and Nominating Committee. The Agreement includes voting commitments, standstill restrictions, and mutual non-disparagement provisions. This strategic move is expected to strengthen Synopsys' board and align with the company's focus on strategic execution and value creation.
- Filer
- Synopsys Inc. SNPS · NASDAQ
- Filed
- Accession
- 0001193125-26-241920
- CIK
- 0000883241
- Signal
- Medium impactTechnology
- Source
- Official filing on sec.gov ↗
Items reported
Reported Item
Market reaction
Close before filing
$534.56
Next session
-10.1%
Since filing
-27.3%
Latest close
$388.76
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from SNPS reporting the same item, with the next session's move:
Insider tape
Within 45 days of this filing, SNPS insiders reported 33 Form 4 transactions — net selling of $8.9M.
About Synopsys Inc.
Synopsys Inc. is a leading provider of electronic design automation software, offering comprehensive solutions essential for designing and testing integrated circuits and electronic systems. Their software facilitates complex chip design processes, catering to a wide spectrum of industries, including semiconductor, automotive, and consumer electronics. One of Synopsys's key offerings is its advanced verification platform, which enhances the reliability and performance of electronic products. The company also plays a pivotal role in advancing chip design technology through its robust intellectual property portfolio, offering Silicon-proven IP that accelerates time-to-market for semiconductor companies. Headquartered in Mountain View, California, Synopsys is integral to the semiconductor design and verification cycle, supporting innovation in various tech sectors. Its tools are indispensable in conducing the unyielding complexity and shrinking design cycles synonymous with modern electronics, underscoring its market significance.
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