Synopsys (SNPS) Form 144: Option Exercise and Proposed 9,873-Share Sale

Rhea-AI Filing Summary

Form 144 filed for Synopsys, Inc. (SNPS) reports a proposed sale of 9,873 common shares to be executed through Morgan Stanley Smith Barney on 09/22/2025, with an aggregate market value of $4,945,407.42. The filer acquired these shares on 09/22/2025 by exercising stock options and paid in cash. The filing also discloses a prior sale by Sudhindra Kankanwadi of 6,000 shares on 09/19/2025 for $2,892,000.00. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information.

Positive

• Transparent disclosure of the option exercise, acquisition date, payment method, and planned sale through a broker
• Includes previous sale (6,000 shares on 09/19/2025 for $2,892,000), increasing investor visibility into insider transactions

Negative

• Insider selling activity totaling 9,873 shares (proposed) with aggregate value $4,945,407.42, which may attract investor scrutiny
• Absolute dollar size of the transactions ($~7.8M across the two disclosed sales) could be interpreted negatively by some market participants

Insights

Securities Analyst

TL;DR: Insider exercising options and filing a proposed sale of 9,873 shares valued at ~$4.95M; prior 6,000-share sale also disclosed.

The filing documents an affiliate transaction where the filer exercised options and intends to sell the resulting 9,873 shares through Morgan Stanley Smith Barney on 09/22/2025. The aggregate market value reported is $4,945,407.42. A related recent sale of 6,000 shares on 09/19/2025 generated $2,892,000. These disclosures are routine for insiders monetizing option exercises and provide transparency about timing and proceeds. Relative to the issuer's reported outstanding shares (185,748,673), the volume is immaterial as a percentage of float but is sizable in absolute dollar terms.

Corporate Governance Expert

TL;DR: Proper Form 144 disclosure of option exercise and planned sale; contains standard certification about material non-public information.

The filer certifies no undisclosed material adverse information and records the option exercise and cash payment on the same date as the planned sale. The filing follows regulatory requirements for affiliate sales under Rule 144 and notifies the market of insider liquidity events. The presence of a recent 6,000-share sale by Sudhindra Kankanwadi is also disclosed, which together with the planned sale increases transparency about insider disposition activity.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	9873	4945407.42	185748673	09/22/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	09/22/2025	Stock Option Exercise	Issuer			9873	09/22/2025	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
SUDHINDRA KANKANWADI 675 Almanor Ave. Sunnyvale CA 94085	Common	09/19/2025	6000	2892000.00

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the SNPS Form 144 disclose?

The form discloses a proposed sale of 9,873 Synopsys common shares on 09/22/2025 with aggregate market value $4,945,407.42, acquired by stock option exercise on the same date and paid in cash.

Who is the broker handling the proposed SNPS sale?

The broker named is Morgan Stanley Smith Barney LLC, Executive Financial Services, 1 New York Plaza, New York, NY.

Were there any recent insider sales for SNPS before this filing?

Yes. The filing reports that Sudhindra Kankanwadi sold 6,000 shares on 09/19/2025 for $2,892,000.00.

How were the 9,873 shares acquired?

They were acquired by a stock option exercise on 09/22/2025, with payment made in cash.

Does the filer assert possession of any undisclosed material information?

By signing the notice, the filer represents that they do not know any material adverse information about the issuer that has not been publicly disclosed.