secwatch.observer — SEC 8-K summary
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Issuer:     SYNOPSYS INC (SNPS)
CIK:        0000883241
Form:       8-K
Filed at:   2026-05-27T20:15:28+00:00
Accession:  0001193125-26-241920
Event type: leadership
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 5.02, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Synopsys appoints Elliott's Jesse Cohn to board under cooperation agreement
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- Jesse Cohn, Managing Partner at Elliott, appointed to Synopsys board effective June 1, 2026; board expands to 11.
- Under cooperation agreement, Elliott agreed to standstill, voting commitments; cannot exceed 4.9% beneficial ownership.
- Cooperation period runs until first anniversary of agreement or 10 days after Cohn leaves board.
- Cohn will join Corporate Governance and Nominating Committee; eligible for standard non-employee director compensation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/883241/000119312526241920/0001193125-26-241920-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/883241/000119312526241920/d96543d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-241920

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