Synopsys (SNPS) CEO exercises RSUs as company withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Synopsys Inc. president and CEO Ghazi Sassine reported routine equity compensation activity. On March 15, 2026, he exercised 1,322 restricted stock units, each converting into one share of Synopsys common stock.
To cover tax withholding obligations tied to this vesting, 458 shares of common stock were retained by the company at a price of $412.63 per share, with the amount approved by the Compensation Committee and not exceeding the tax liability. Following these transactions, Sassine directly owned 75,020 shares of Synopsys common stock. No remaining derivative equity awards are shown in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,322 shares exercised/converted
Mixed
3 txns
Insider
Ghazi Sassine
Role
PRESIDENT AND CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,322 | $0.00 | -- |
| Exercise | Common Stock | 1,322 | $0.00 | -- |
| Tax Withholding | Common Stock | 458 | $412.63 | $189K |
Holdings After Transaction:
Restricted Stock Units — 1,322 shares (Direct);
Common Stock — 75,478 shares (Direct)
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. 25% of the units vest on the date shown followed by three equal annual installments, subject to continued service through each vesting date.
FAQ
What insider transaction did Synopsys (SNPS) CEO Ghazi Sassine report?
Ghazi Sassine reported exercising 1,322 restricted stock units into Synopsys common stock. This reflects vesting of an equity award, increasing his direct share ownership as part of standard executive compensation rather than an open-market stock purchase.
What are Ghazi Sassine’s Synopsys (SNPS) holdings after this Form 4?
After the reported transactions, Ghazi Sassine directly owns 75,020 shares of Synopsys common stock. This total reflects the vested restricted stock units and the shares withheld by the company to cover associated tax obligations.
What type of Synopsys (SNPS) award did the CEO’s Form 4 involve?
The filing involves restricted stock units that convert one-for-one into Synopsys common stock. An installment vested on March 15, 2026, as part of an award where 25% vests initially, followed by three equal annual installments, subject to continued service.
How do Ghazi Sassine’s Synopsys (SNPS) RSUs vest over time?
The restricted stock units vest with 25% on the initial vesting date, then in three equal annual installments. Each installment requires Ghazi Sassine to remain in service through the applicable vesting date for the units to convert into common shares.