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Synopsys (SNPS) CEO exercises RSUs as company withholds shares for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.
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*
Ghazi Sassine

(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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
PRESIDENT AND CEO
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 1,322 A $0.0 75,478 D
Common Stock 03/15/2026 F 458(1) D $412.63 75,020 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 1,322 03/15/2024(3) 03/15/2027 Common Stock 1,322 $0.0 1,322 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: Sassine E Ghazi 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).
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 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.

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

The company retained 458 Synopsys common shares to satisfy Ghazi Sassine’s tax withholding obligations. The shares were valued at $412.63 each, and the Compensation Committee confirmed the retained amount did not exceed the related tax liability.

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.

Was the Synopsys (SNPS) CEO’s share disposition an open-market sale?

No. The 458-share disposition was a tax-withholding event, not an open-market sale. The company retained shares to meet Ghazi Sassine’s tax obligations arising from restricted stock unit vesting, with the transaction approved by the Compensation Committee.

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.
Synopsys Inc

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United States
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