STOCK TITAN

Synopsys (SNPS) deputy CFO Kankanwadi reports RSU vesting and tax-withholding share disposition

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

Rhea-AI Filing Summary

Synopsys deputy CFO and chief accounting officer Sudhindra Kankanwadi reported routine equity compensation activity involving restricted stock units. On June 15, 2026, 720 restricted stock units converted into 720 shares of Synopsys common stock as part of a scheduled vesting.

Of these shares, 249 were retained by Synopsys to cover the related tax withholding obligations, as approved by the Compensation Committee, leaving a net 471 shares effectively added to his directly held common stock. Following these transactions, he directly holds 22,690 shares of common stock and 3,597 restricted stock units.

Positive

  • None.

Negative

  • None.

Insights

Routine RSU vesting with tax withholding; no open‑market trading.

The activity reflects standard equity compensation mechanics at Synopsys. A block of 720 restricted stock units vested and converted into common stock, while 249 shares were retained by the company to satisfy tax withholding at a reference price of $454.38 per share.

The filing shows no open‑market purchases or sales, only a derivative exercise and a tax-withholding disposition approved by the Compensation Committee. Kankanwadi’s direct common stock holdings increased overall, and he still holds 3,597 restricted stock units that continue to vest over time.

Given the modest scale relative to typical executive equity packages and the absence of discretionary trading, this appears to be a routine, compensation-driven event rather than a directional signal about Synopsys shares.

Insider Kankanwadi Sudhindra
Role Deputy CFO & CAO
Type Security Shares Price Value
Exercise Restricted Stock Units 720 $0.00 --
Exercise Common Stock 720 $0.00 --
Tax Withholding Common Stock 249 $454.38 $113K
Holdings After Transaction: Restricted Stock Units — 3,597 shares (Direct, null); Common Stock — 22,939 shares (Direct, null)
Footnotes (1)
  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. Each stock unit converts into one share of Synopsys common stock. One-sixth (1/6) of the units vest on the date shown followed by five equal semi-annual installments, subject to continued service through each vesting date.
RSUs vested and converted 720 units/shares Restricted stock units converting into Synopsys common stock on June 15, 2026
Shares retained for taxes 249 shares Company-retained shares to satisfy tax withholding at $454.38 per share
Tax reference price $454.38 per share Value used for tax-withholding disposition of 249 shares
Common shares after transactions 22,690 shares Direct Synopsys common stock holdings following Form 4 transactions
RSUs remaining after vesting 3,597 units Restricted stock units outstanding after the reported vesting event
Restricted Stock Units financial
"The security title is listed as "Restricted Stock Units" for the derivative transaction."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"Shares were retained by the Company to meet the tax withholding obligations of the reporting person."
Compensation Committee financial
"The Compensation Committee approved the disposition of shares by the reporting person."
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
derivative exercise/conversion financial
"Transaction action is described as a derivative exercise/conversion for the RSUs."
vest financial
"One-sixth of the units vest on the date shown followed by five equal semi-annual installments."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
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SEC Form 4
FORM 4UNITED 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*
Kankanwadi Sudhindra

(Last)(First)(Middle)
675 ALMANOR AVENUE

(Street)
SUNNYVALE CALIFORNIA 94085

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
SYNOPSYS INC [ SNPS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Deputy CFO & CAO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/15/2026M720A$0.022,939D
Common Stock06/15/2026F249(1)D$454.3822,690D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units$0.0(2)06/15/2026M72006/15/2026(3)12/15/2028Common Stock720$0.03,597D
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. One-sixth (1/6) of the units vest on the date shown followed by five equal semi-annual installments, subject to continued service through each vesting date.
By: POA pursuant Mary Lai For: Sudhindra Kankanwadi06/16/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Synopsys (SNPS) deputy CFO Sudhindra Kankanwadi report?

He reported vesting of 720 restricted stock units that converted into common stock and a related tax-withholding disposition of 249 shares retained by Synopsys. These actions reflect routine equity compensation activity rather than open-market buying or selling of SNPS shares.

Did Sudhindra Kankanwadi buy or sell Synopsys (SNPS) stock on the open market?

No open-market trades were reported. The filing shows a derivative exercise of restricted stock units and shares retained by Synopsys to cover tax withholding. These are compensation and tax mechanics, not discretionary market purchases or sales by the executive.

How many Synopsys (SNPS) shares were used for Sudhindra Kankanwadi’s tax withholding?

A total of 249 Synopsys common shares were retained by the company to satisfy his tax withholding obligation related to an RSU vesting. The Compensation Committee approved this amount, and it did not exceed the associated tax liability for the vesting event.

How many Synopsys (SNPS) shares does Sudhindra Kankanwadi hold after this Form 4 filing?

After the reported transactions, he directly holds 22,690 shares of Synopsys common stock. In addition, he holds 3,597 restricted stock units, each convertible into one share upon vesting, providing ongoing equity exposure through future vesting events.

What happened to the 720 restricted stock units reported by Sudhindra Kankanwadi at Synopsys (SNPS)?

All 720 restricted stock units converted into 720 shares of Synopsys common stock upon vesting. Of those, 249 shares were retained by Synopsys to cover tax withholding, and the remaining shares effectively increased his directly held common stock position.

Are Sudhindra Kankanwadi’s Synopsys (SNPS) transactions considered routine compensation events?

Yes. The Form 4 describes RSU vesting, conversion into common stock, and shares withheld for taxes, all typical for executive equity plans. The Compensation Committee approved the tax-withholding share amount, supporting the view that this is standard administrative activity.