Synopsys (SNPS) GC Janet Lee logs RSU vesting and tax share disposition
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 699 | $0.00 | $0.00 |
| Exercise | Common Stock | 699 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 304 | $414.00 | $126K |
Footnotes (2)
- 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. The award vests on the date shown followed by quarterly installments, subject to continued service through each vesting date.
FAQ
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