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Synopsys (SNPS) GC Janet Lee reports RSU vesting and tax share withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
LEE JANET

(Last) (First) (Middle)
675 ALMANOR AVENUE

(Street)
SUNNYVALE CA 94085

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SYNOPSYS INC [ SNPS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
GC & Corporate Secretary
3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/03/2026 M 292 A $0.0 14,598 D
Common Stock 03/03/2026 F 127(1) D $424.32 14,471 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units $0.0 03/03/2026 M 292 09/03/2025 03/03/2026 Common Stock 292 $0.0 0 D
Explanation of Responses:
1. 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.
By: POA pursuant Mary Lai For: Janet Lee 03/04/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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.

How many Synopsys (SNPS) shares does Janet Lee hold after the reported Form 4 transactions?

After the reported transactions, Janet Lee directly holds 14,471 shares of Synopsys common stock. This figure reflects the RSU conversion into shares and the tax-withholding share disposition completed on March 3, 2026, as disclosed in the Form 4 filing.

Why were 127 Synopsys (SNPS) shares disposed of in Janet Lee’s Form 4?

The 127 shares were withheld by Synopsys to meet Janet Lee’s tax withholding obligations from the vesting of restricted stock units. The compensation committee approved this disposition, and the number of shares retained did not exceed the related tax liability amount.

At what price were the Synopsys (SNPS) shares used for tax withholding valued?

The 127 Synopsys shares used to satisfy tax withholding obligations were valued at $424.32 per share. This price was applied in connection with the vesting-related disposition, with the shares retained by the company rather than sold in an open-market transaction.

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.
Synopsys Inc

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81.28B
185.44M
Software - Infrastructure
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United States
SUNNYVALE