Synopsys (SNPS) CFO Glaser reports RSU vesting and tax-withholding share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Synopsys CFO Shelagh Glaser reported routine equity compensation activity involving restricted stock units. On June 15, 2026, 1,259 restricted stock units converted into the same number of shares of Synopsys common stock, reflecting a scheduled vesting event. In connection with this vesting, 436 shares of common stock were retained by Synopsys at a price of $454.38 per share to satisfy tax withholding obligations approved by the Compensation Committee, rather than being sold in the open market. Following these transactions, Glaser directly owned 1,452 shares of common stock and indirectly held 14,358 shares through a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,259 shares exercised/converted
Mixed
4 txns
Insider
Glaser Shelagh
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,259 | $0.00 | -- |
| Exercise | Common Stock | 1,259 | $0.00 | -- |
| Tax Withholding | Common Stock | 436 | $454.38 | $198K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 6,295 shares (Direct, null);
Common Stock — 1,888 shares (Direct, null);
Common Stock — 14,358 shares (Indirect, by Trust)
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. 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.
Key Figures
RSUs converted: 1,259 shares
Tax-withholding shares: 436 shares
Tax-withholding price: $454.38 per share
+3 more
6 metrics
RSUs converted
1,259 shares
Restricted stock units converting into common stock on June 15, 2026
Tax-withholding shares
436 shares
Shares retained by Synopsys to meet tax obligations
Tax-withholding price
$454.38 per share
Value of common stock retained for tax withholding
Direct holdings after
1,452 shares
Direct Synopsys common stock held by CFO after transactions
Indirect holdings after
14,358 shares
Synopsys common stock held indirectly by trust after transactions
RSU vesting schedule
1/6 initial, then five semi-annual installments
Vesting pattern subject to continued service
Key Terms
Restricted Stock Units, tax withholding obligations, Compensation Committee, derivative exercise/conversion
4 terms
Restricted Stock Units financial
"The security title includes "Restricted Stock Units" as a derivative that converts into common stock."
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
"The transaction code description notes an exercise or conversion of a derivative security."
FAQ
What did Synopsys (SNPS) CFO Shelagh Glaser report in this Form 4?
Shelagh Glaser reported a vesting of 1,259 restricted stock units into common shares and a related tax-withholding share disposition. These are routine compensation-related transactions rather than open-market buying or selling of Synopsys stock.
Were the Synopsys (SNPS) CFO’s Form 4 transactions open-market sales or purchases?
No open-market sales or purchases were reported. The Form 4 shows a derivative exercise of restricted stock units and a tax-withholding disposition where 436 shares were retained by Synopsys to satisfy tax obligations associated with a vesting event.
What do the restricted stock units in this Synopsys (SNPS) Form 4 represent?
Each restricted stock unit converts into one share of Synopsys common stock. One-sixth of the units vest on the reported date, followed by five equal semi-annual installments, contingent on continued service through each vesting date.