Synopsys (SNPS) CFO Glaser logs RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SYNOPSYS INC CFO Shelagh Glaser reported routine equity compensation activity. On March 15, 2026, 793 restricted stock units converted into 793 shares of common stock as an equity award vested. Following this vesting and related entries, she directly held 18,381 shares of Synopsys common stock.
To cover tax withholding obligations from the vesting, 282 shares were retained by the company at a value of $412.63 per share, as approved by the Compensation Committee and limited to the tax liability. This withholding is recorded as a disposition but is not an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
793 shares exercised/converted
Mixed
3 txns
Insider
Glaser Shelagh
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 793 | $0.00 | -- |
| Exercise | Common Stock | 793 | $0.00 | -- |
| Tax Withholding | Common Stock | 282 | $412.63 | $116K |
Holdings After Transaction:
Restricted Stock Units — 793 shares (Direct);
Common Stock — 18,663 shares (Direct)
Footnotes (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. 25% of the units vest on the date shown followed by three equal annual installments, subject to continued service through each vesting date.
FAQ
What insider transaction did Synopsys (SNPS) CFO Shelagh Glaser report?
Shelagh Glaser reported the vesting of 793 restricted stock units into common shares. This reflects routine equity compensation, where stock awards convert into shares as service-based conditions are met under the company’s long-term incentive plan.
How many restricted stock units vested for the Synopsys (SNPS) CFO?
A total of 793 restricted stock units vested for the CFO, converting one-for-one into 793 Synopsys common shares. This aligns with the award’s terms, where each stock unit converts into one share upon vesting, subject to continued service requirements.
What do the Synopsys (SNPS) RSU footnotes say about vesting terms?
The footnotes state that each stock unit converts into one Synopsys common share, and that 25% of the units vest on the specified date, followed by three equal annual installments, contingent on continued service through each vesting date.