Synopsys (SNPS) chair de Geus vests 1,763 RSUs and covers taxes in shares
Rhea-AI Filing Summary
Synopsys executive chair Aart de Geus reported routine equity compensation activity. He exercised 1,763 restricted stock units, which converted into the same number of Synopsys common shares. To cover tax withholding on this vesting, the company retained 630 shares at a price of $412.63 per share, as approved by the Compensation Committee.
After these transactions, de Geus directly holds 120,128 Synopsys shares. He also has indirect ownership of 308,791 shares through a family trust and 14,500 shares through a partnership. The tax-related share retention does not represent an open-market sale.
Positive
- None.
Negative
- None.
Insights
Routine RSU vesting with tax withholding; no open-market trading signal.
The filing shows Aart de Geus converting 1,763 restricted stock units into Synopsys common shares, a standard equity compensation event. The Form 4 classifies this as an exercise or conversion of derivative securities rather than a market purchase.
Of these shares, 630 were retained by Synopsys to satisfy tax withholding obligations at $412.63 per share, with the amount approved by the Compensation Committee and capped at the tax liability. This is a non-market disposition and does not reflect an active decision to sell shares.
Following the transactions, de Geus holds 120,128 shares directly, plus indirect positions via a family trust and a partnership. With no remaining derivative positions listed and no open-market buys or sells reported, the filing appears administratively neutral for investors.
FAQ
What insider transaction did Synopsys (SNPS) executive chair Aart de Geus report?
How many Synopsys (SNPS) shares were withheld for taxes in this Form 4?
How many Synopsys (SNPS) shares does Aart de Geus own directly after the filing?
What indirect Synopsys (SNPS) holdings does Aart de Geus report?
Does this Synopsys (SNPS) Form 4 show any open-market stock sales by Aart de Geus?
How do the restricted stock units in this Synopsys (SNPS) filing convert to common shares?