[Form 4] Synopsys Inc Insider Trading Activity
Ghazi Sassine, President and CEO and a director of Synopsys, reported multiple transactions in SNPS common stock on Form 4. The filing shows acquisitions on 08/29/2025 of shares under the Employee Stock Purchase Plan and on 09/02/2025 via exercise of a non-qualified stock option for 11,366 shares at a $89.76 exercise price. The same day (09/02/2025) 11,366 shares were sold in multiple transactions at prices ranging from $585.19 to $591.265, with a weighted average sale price of $589.0133. Reported beneficial ownership levels changed from 82,981 shares after the option exercise to 71,615 shares following the sale. The trades were effected pursuant to a Rule 10b5-1 trading plan adopted September 30, 2024.
- Transactions disclosed transparently with sale price range and weighted average price provided
 - Trades executed under a Rule 10b5-1 plan, indicating pre-authorized and systematic execution
 - Exercise of non-qualified options and participation in the ESPP align executive interests with shareholders
 
- Beneficial ownership decreased to 71,615 shares after the sale, reflecting a material insider liquidity event
 - Sale volume of 11,366 shares is sizable relative to reported insider holdings
 
Insights
TL;DR: CEO executed routine option exercise and subsequent programmed sale under a 10b5-1 plan; net beneficial holdings declined.
The filing documents a common pattern: exercise of vested non-qualified options at $89.76 to receive 11,366 shares, immediately followed by a programmed sale of those 11,366 shares at a weighted average price of $589.0133. The transaction was processed under a Rule 10b5-1 plan, which limits timing discretion. From an investor perspective, this is a liquidity event by management rather than a company-operational signal; beneficial ownership decreased to 71,615 shares after the sale. No additional company disclosures or changes to compensation terms are reported in the filing.
TL;DR: Transactions appear compliant and pre-cleared under a 10b5-1 plan, suggesting governance controls were used for insider trading.
The Form 4 explicitly notes the 10b5-1 trading plan adopted on September 30, 2024, and indicates the ESPP purchase and option exercise were reported. The disclosure of sale price range and weighted average sale price improves transparency. There are no indications of departures from disclosure requirements or unusual timing relative to material announcements in this filing. This looks like routine, pre-authorized insider activity consistent with governance best practices.