Synopsys (SNPS) GC covers taxes with 318 vested shares
Rhea-AI Filing Summary
Synopsys Inc. executive Janet Lee, GC & Corporate Secretary, reported the vesting and settlement of 729 Restricted Stock Units into 729 shares of common stock on 2026-08-16. In connection with this vesting, 318 shares of common stock were retained by the company at $421.50 per share to satisfy Ms. Lee’s tax withholding obligations, as approved by the Compensation Committee. Following the transaction, Ms. Lee held 4,374 restricted stock units, with no remaining derivative positions reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 411 shares
Net Buy
3 txns
Insider
LEE JANET
Role
GC & Corporate Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F3 | 729 | $0.00 | $0.00 |
| Exercise | Common Stock | 729 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 318 | $421.50 | $134K |
Holdings After Transaction:
Restricted Stock Units — 4,374 shares (Direct);
Common Stock — 15,993 shares (Direct)
Footnotes (3)
- 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.
- F2. Each stock unit converts into one share of Synopsys common stock.
- F3. The award vests on the date shown followed by quarterly installments, subject to continued service through each vesting date.
Key Figures
RSUs Converted: 729 units
Common Shares Acquired from RSUs: 729 shares
Shares Withheld for Taxes: 318 shares
+2 more
5 metrics
RSUs Converted
729 units
Restricted Stock Units converting into common stock on 2026-08-16
Common Shares Acquired from RSUs
729 shares
Common stock received upon RSU conversion on 2026-08-16
Shares Withheld for Taxes
318 shares
Common stock retained by the company to satisfy tax withholding
Tax Withholding Price
$421.50 per share
Per-share value used for shares retained for tax withholding
RSUs Remaining After Transaction
4,374 units
Restricted Stock Units held after the reported vesting event
Key Terms
Restricted Stock Units, tax withholding obligations, Compensation Committee, Exercise or conversion of derivative security, +1 more
5 terms
Restricted Stock Units financial
"reported the vesting and settlement of 729 Restricted Stock Units into 729 shares"
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
"retained by the Company in order 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.
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
Payment of tax liability by delivering or withholding securities financial
"transaction_code_description: Payment of tax liability by delivering or withholding securities"
FAQ
What insider transaction did Synopsys (SNPS) executive Janet Lee report on August 16, 2026?
Janet Lee reported vesting and conversion of 729 Restricted Stock Units into 729 shares of Synopsys common stock on 2026-08-16. This reflects routine equity compensation settlement rather than an open-market purchase or sale.
What does the Form 4 say about Janet Lee’s remaining Synopsys (SNPS) Restricted Stock Units?
After the reported RSU conversion, Janet Lee held 4,374 Restricted Stock Units. Each unit converts into one share of Synopsys common stock, and the award continues to vest in quarterly installments, subject to continued service.
Was Janet Lee’s Synopsys (SNPS) Form 4 filed under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox is not affirmed (false), and no footnote states that transactions were made under a trading plan. The reported activity reflects equity award vesting and tax withholding mechanics.
AI-generated analysis. How Rhea-AI works. Not financial advice.