Synopsys (SNPS) GC Janet Lee reports RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Synopsys Inc. general counsel and corporate secretary Janet Lee reported routine equity compensation activity involving restricted stock units. On 2026-06-15, 540 restricted stock units converted into 540 shares of common stock, reflecting a scheduled vesting.
On the same date, 235 common shares were withheld by Synopsys at a price of $454.38 per share to satisfy Ms. Lee’s tax withholding obligations, as approved by the Compensation Committee. After these transactions, she directly held 15,582 shares of common stock and 2,698 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
540 shares exercised/converted
Mixed
3 txns
Insider
LEE JANET
Role
GC & Corporate Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 540 | $0.00 | -- |
| Exercise | Common Stock | 540 | $0.00 | -- |
| Tax Withholding | Common Stock | 235 | $454.38 | $107K |
Holdings After Transaction:
Restricted Stock Units — 2,698 shares (Direct, null);
Common Stock — 15,817 shares (Direct, null)
Footnotes (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. Each stock unit converts into one share of Synopsys common stock. One-sixth (1/6) of the units vest on the date shown followed by five equal semi-annual installments, subject to continued service through each vesting date.
Key Figures
RSUs converted: 540 units
Shares withheld for tax: 235 shares
Withholding price: $454.38 per share
+3 more
6 metrics
RSUs converted
540 units
Restricted stock units converting into common stock on 2026-06-15
Shares withheld for tax
235 shares
Common shares retained by Synopsys for tax withholding on 2026-06-15
Withholding price
$454.38 per share
Price used for tax withholding disposition of 235 shares
Common shares held
15,582 shares
Direct Synopsys common stock holding after transactions
RSUs remaining
2,698 units
Restricted stock units held after 2026-06-15 vesting event
RSU conversion ratio
1:1
Each stock unit converts into one share of Synopsys common stock
Key Terms
Restricted Stock Units, tax withholding obligations, Compensation Committee, vesting
4 terms
Restricted Stock Units financial
"The filing references "Restricted Stock Units" that convert into common stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"Shares were retained by the Company to meet the tax withholding obligations."
Compensation Committee financial
"The Compensation Committee approved the disposition of shares by the reporting person."
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
vesting financial
"Units vest on the date shown followed by five equal semi-annual installments."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did Synopsys (SNPS) executive Janet Lee report?
Janet Lee reported RSU vesting that converted 540 restricted stock units into common shares. Part of the resulting stock was withheld by Synopsys to cover tax obligations, resulting in updated direct share and RSU holdings for the executive.
Were Janet Lee’s Synopsys (SNPS) transactions open-market sales or routine tax withholding?
The filing shows routine compensation-related activity, not open-market trading. Shares were acquired through RSU conversion, and 235 shares were withheld by Synopsys solely to satisfy tax obligations tied to the vesting event, as described in the footnotes.
What are the terms of Janet Lee’s Synopsys (SNPS) restricted stock units?
Each restricted stock unit converts into one share of Synopsys common stock. One-sixth of the units vest on the reported date, followed by five equal semi-annual installments, subject to Ms. Lee’s continued service through each future vesting date.