Synopsys CAO exercises RSUs, withholds shares for tax

Synopsys Inc. Chief Accounting Officer Sudhindra Kankanwadi exercised 793 restricted stock units into an equal number of common shares on March 15, 2026.

Rhea-AI Filing Summary

Synopsys Inc. Chief Accounting Officer Sudhindra Kankanwadi exercised 793 restricted stock units into an equal number of common shares on March 15, 2026. To cover tax withholding tied to this vesting, 288 common shares were retained by Synopsys at $412.63 per share, as approved by the Compensation Committee. After these routine compensation-related transactions, Kankanwadi directly holds 22,219 shares of Synopsys common stock.

Insider Trade Summary

793 shares exercised/converted

Exercise 3 txns

Insider Kankanwadi Sudhindra

Role Chief Accounting Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	793	$0.00	$0.00
Exercise	Common Stock	793	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	288	$412.63	$119K

Holdings After Transaction: Restricted Stock Units — 793 contracts (Direct); Common Stock — 22,219 shares (Direct)

Footnotes (3)

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.
2. F2. Each stock unit converts into one share of Synopsys common stock.
3. F3. 25% of the units vest on the date shown followed by three equal annual installments, subject to continued service through each vesting date.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Synopsys (SNPS) report for Sudhindra Kankanwadi?

Synopsys reported that Chief Accounting Officer Sudhindra Kankanwadi exercised 793 restricted stock units into common stock on March 15, 2026. These units vested as part of an existing award and converted one-for-one into Synopsys common shares.

How many Synopsys shares were withheld for taxes in this Form 4?

The company retained 288 Synopsys common shares at a price of $412.63 per share to satisfy Kankanwadi’s tax withholding obligations. The Compensation Committee approved this disposition, and the amount did not exceed the related tax liability.

How many Synopsys shares does Sudhindra Kankanwadi own after this transaction?

Following the RSU vesting and tax withholding, Kankanwadi directly owns 22,219 shares of Synopsys common stock. This figure reflects the net position after 793 shares were issued and 288 shares were retained by the company for taxes.

Was the Synopsys CAO’s transaction an open-market buy or sell?

The activity was not an open-market trade. It involved the automatic exercise of 793 restricted stock units and a tax-withholding disposition of 288 shares retained by Synopsys, a routine mechanism to cover tax obligations on vested equity awards.

What do the restricted stock unit terms indicate for Synopsys (SNPS)?

Each restricted stock unit converts into one share of Synopsys common stock. According to the terms, 25% of the units vest on a specified date, followed by three equal annual installments, contingent on continued service through each vesting date.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/16/2026 - 07:06 PM Learn about SEC filing dates

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
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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^*

Kankanwadi Sudhindra

(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)
	Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/15/2026

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	03/15/2026		M		793	A	$0.0	22,507	D
Common Stock	03/15/2026		F		288(1)	D	$412.63	22,219	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(2)	03/15/2026		M			793	03/15/2024(3)	03/15/2027	Common Stock	793	$0.0	793	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.

2. Each stock unit converts into one share of Synopsys common stock.

3. 25% of the units vest on the date shown followed by three equal annual installments, subject to continued service through each vesting date.

	By: POA pursuant Mary Lai For: Sudhindra Kankanwadi	03/16/2026
	** 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).
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