Synopsys (SNPS) GC Janet Lee reports RSU vesting and tax share withholding
Rhea-AI Filing Summary
Synopsys Inc. executive Janet Lee reported equity award activity involving restricted stock units and common shares. On March 3, 2026, 292 restricted stock units were exercised, converting into 292 shares of common stock at a stated price of $0.00 per share.
On the same date, 127 shares of common stock were disposed of at $424.32 per share to cover tax withholding obligations tied to the vesting of the restricted stock unit installment. The company retained these shares, and the compensation committee approved the transaction, with the retained amount not exceeding the related tax liability. After these transactions, Lee directly held 14,471 shares of Synopsys common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 165 shares
Net Buy
3 txns
Insider
LEE JANET
Role
GC & Corporate Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 292 | $0.00 | $0.00 |
| Exercise | Common Stock | 292 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 127 | $424.32 | $54K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 14,471 shares (Direct)
Footnotes (1)
- F1. These shares were retained by the Company in order to meet the tax withholding obligations of the reporting person in connection with the vesting of an installment of the restricted stock unit award. The Compensation Committee approved the disposition of shares by the reporting person and the amount retained by the Company was not in excess of the amount of the tax liability.
FAQ
What insider transactions did Synopsys (SNPS) executive Janet Lee report?
Janet Lee reported the vesting and exercise of 292 restricted stock units into 292 Synopsys common shares. She also reported the disposal of 127 shares, which were retained by the company to satisfy tax withholding obligations related to this vesting event.
What type of equity award did Janet Lee exercise in the Synopsys (SNPS) Form 4?
Janet Lee exercised restricted stock units that converted into 292 shares of Synopsys common stock. The transaction was reported with a stated exercise price of $0.00 per share, reflecting the nature of RSU vesting rather than a cash exercise like traditional stock options.
AI-generated analysis. How Rhea-AI works. Not financial advice.