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Synopsys (SNPS) GC Janet Lee logs RSU vesting and tax share disposition

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Synopsys Inc. executive Janet Lee reported routine equity compensation activity involving restricted stock units and common shares. On 2026-03-01, 699 restricted stock units were exercised or converted, resulting in 699 shares of common stock, with no cash exercise price. After this, Lee held 2,796 restricted stock units and 14,610 common shares directly.

On the same date, 304 common shares were disposed of at $414 per share to satisfy tax withholding obligations related to the RSU vesting. According to the disclosure, these shares were retained by the company for tax withholding, the Compensation Committee approved the disposition, and the number of shares used was not more than the related tax liability. Following this tax-withholding transaction, Lee directly held 14,306 common shares.

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*
LEE JANET

(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)
GC & Corporate Secretary
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026
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 03/01/2026 M 699 A $0.0 14,610 D
Common Stock 03/01/2026 F 304(1) D $414 14,306 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 03/01/2026 M 699 09/01/2025(2) 03/01/2027 Common Stock 699 $0.0 2,796 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. The award vests on the date shown followed by quarterly installments, subject to continued service through each vesting date.
By: POA pursuant Mary Lai For: Janet Lee 03/02/2026
** 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 transactions did Synopsys (SNPS) report for Janet Lee?

Janet Lee reported RSU vesting and related share movements. She converted 699 restricted stock units into common stock and disposed of 304 common shares to cover tax withholding, leaving her with 14,306 common shares and 2,796 RSUs held directly.

Was the Synopsys (SNPS) insider share disposition an open-market sale?

No, the 304-share disposition was for tax withholding. The company retained these shares to meet Janet Lee’s tax obligations from RSU vesting, and the Compensation Committee approved the transaction as not exceeding the related tax liability.

How many Synopsys (SNPS) shares does Janet Lee hold after these Form 4 transactions?

After the reported transactions, Janet Lee directly holds 14,306 shares of Synopsys common stock and 2,796 restricted stock units. These figures reflect both the RSU conversion into stock and the tax-withholding share disposition on March 1, 2026.

At what price were Janet Lee’s Synopsys (SNPS) shares used for tax withholding?

The 304 Synopsys common shares used for tax withholding were valued at $414 per share. These shares were retained by the company to satisfy Janet Lee’s tax obligations arising from the vesting of her restricted stock unit award.

How do the Synopsys (SNPS) RSUs reported for Janet Lee vest over time?

The award vests on the stated date and then in quarterly installments. Each installment is subject to Janet Lee’s continued service through the applicable vesting date, as described in the footnote to the Form 4 insider transaction report.
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81.28B
185.44M
Software - Infrastructure
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United States
SUNNYVALE