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[Form 4] SYNOPSYS INC Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Very Negative)
Form Type
4
Rhea-AI Filing Summary

Sudhindra Kankanwadi, Chief Accounting Officer of Synopsys, reported option exercises and share sales in two transactions on September 19 and September 22, 2025. On September 19 he exercised 6,000 non-qualified stock options with an exercise price of $89.76 and sold 6,000 shares (sale price listed as $482). On September 22 he exercised 9,873 options at $89.76 and sold 9,873 shares at a weighted average reported sale price in the filing of $500.90 to $501.04. Following these reported transactions the filing shows he beneficially owns 20,520 shares of Synopsys common stock. The form was signed by POA Liz Ramirez for Mr. Kankanwadi on September 23, 2025.

Positive
  • Transparent disclosure of option exercises and share sales with dates, quantities, and prices
  • Post-transaction ownership is explicitly stated as 20,520 shares
Negative
  • Significant insider sales totaling 15,873 shares across two transactions
  • Sale price inconsistency note: filing shows a $482 price on 09/19/2025 and a weighted average range of $500.90–$501.04 for 09/22/2025, requiring review of trade details

Insights

TL;DR: Officer exercised long‑held options then sold equivalent shares, leaving a reduced but material ownership.

The Form 4 documents routine option exercises (exercise price $89.76) and contemporaneous sales of the same number of shares on two dates in September 2025. Such paired exercise-and-sale transactions by an officer are commonly used to monetize vested option value while retaining some share ownership. The filing discloses full quantities and prices and an aggregate post-transaction ownership of 20,520 shares, providing clear transparency for stakeholders.

TL;DR: Material quantity of shares sold by an officer across two days; sales disclosed with weighted average pricing range.

The report shows total exercised options of 15,873 shares and corresponding sales of 15,873 shares across two dates. The September 22 sale reports a weighted average sale price range of approximately $500.90 to $501.04, disclosed in the explanation. The filing supplies concrete share counts and prices but does not include proceeds or tax/hedging detail; impact on float or insider ownership percentage cannot be determined from this Form 4 alone.

SEC Form 4
FORM 4 UNITED 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 CA 94085

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SYNOPSYS INC [ SNPS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Accounting Officer
3. Date of Earliest Transaction (Month/Day/Year)
09/19/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 09/19/2025 M 6,000 A $89.76 26,520 D
Common Stock 09/19/2025 S 6,000 D $482 20,520 D
Common Stock 09/22/2025 M 9,873 A $89.76 30,393 D
Common Stock 09/22/2025 S 9,873 D $500.9023(1) 20,520 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy) $89.76 09/19/2025 M 6,000 12/12/2019 12/12/2025 Common Stock 6,000 $0.0 9,873 D
Non-Qualified Stock Option (right to buy) $89.76 09/22/2025 M 9,873 12/12/2019 12/12/2025 Common Stock 9,873 $0.0 0 D
Explanation of Responses:
1. Represents a weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from $500.90 to $501.04. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares purchased at each separate price within the range.
By: POA Pursuant Liz Ramirez For: Sudhindra Kankanwadi 09/23/2025
** Signature of Reporting Person Date
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.

FAQ

What transactions did Sudhindra Kankanwadi (SNPS) report on Form 4?

He exercised 15,873 options (6,000 on 09/19/2025 and 9,873 on 09/22/2025 at $89.76 per share) and sold the same number of shares on those dates.

How many Synopsys shares does Mr. Kankanwadi beneficially own after these transactions?

20,520 shares of Synopsys common stock are reported as beneficially owned following the transactions.

What were the reported sale prices for the shares sold?

09/19/2025 sale listed $482 per share for 6,000 shares; 09/22/2025 sale reported a weighted average in the range $500.90–$501.04 for 9,873 shares as explained in the filing.

What was the exercise price for the exercised options?

$89.76 per share for the non-qualified stock options exercised on both dates.

Who signed the Form 4 and when?

By POA Liz Ramirez for Sudhindra Kankanwadi on 09/23/2025, as indicated in the filing.
Synopsys Inc

NASDAQ:SNPS

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73.58B
184.89M
0.45%
80.58%
1.75%
Software - Infrastructure
Services-prepackaged Software
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United States
SUNNYVALE