Form 4: Synopsys CFO Glaser's RSU Vesting and Tax-Related Sale

Synopsys CFO Shelagh Glaser reported the vesting of 793 restricted stock units and the subsequent sale of 282 shares to cover tax obligations.

Summary

• Shelagh Glaser, CFO of Synopsys Inc. (SNPS), reported transactions involving company common stock and restricted stock units (RSUs).
• On March 15, 2026, 793 restricted stock units vested and converted into 793 shares of Synopsys common stock.
• Concurrently, 282 shares of common stock were sold at a price of $412.63 per share to satisfy tax withholding obligations related to the RSU vesting.
• Following these transactions, Glaser directly holds 18,381 shares of Synopsys common stock.
• The vesting event is part of a schedule where 25% of units vested on March 15, 2024, followed by three equal annual installments, subject to continued service.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive event, reflecting routine executive compensation and a standard tax-related transaction, with no significant new information impacting company fundamentals.

Positives

• The vesting of 793 restricted stock units indicates continued long-term incentive compensation for a key executive.
• The acquisition of 793 shares of common stock increases the executive's direct ownership in the company, aligning interests with shareholders.

Negatives

• The sale of 282 shares, while for tax purposes, reduces the executive's overall direct shareholding by that amount.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that executive compensation through restricted stock units and subsequent tax-related sales are standard practices across the technology industry, particularly for established companies like Synopsys. This type of transaction reflects routine compensation events rather than strategic shifts.

Comparison to Industry Standards

• Executive compensation structures involving restricted stock units with multi-year vesting schedules are a common practice among large-cap technology companies, similar to those seen at peers like Cadence Design Systems (CDNS) or Ansys (ANSS).
• The sale of shares to cover tax obligations upon vesting is also a standard and expected procedure, aligning with practices observed across the S&P 500.

Related Party Transactions

• The reported transactions involve an officer of Synopsys Inc. (Shelagh Glaser) and the company's securities, which are inherently related-party dealings in the context of insider reporting.

Stakeholder Impact

• Shareholders: The transaction is a routine compensation event and tax-related sale, not directly impacting company operations or strategy. It slightly increases the float of shares available.
• Employees: No direct impact on general employees.
• Management: Reflects ongoing executive compensation and alignment of interests through equity ownership.

Next Steps

• Future annual installments of the restricted stock unit award are expected to vest, subject to continued service.

Key Dates

Recommendation

This Form 4 filing details a routine executive compensation event involving RSU vesting and a subsequent tax-related share sale. It does not provide new fundamental information about Synopsys's business performance, strategic direction, or financial health that would warrant a change in investment recommendation. The transactions are expected and do not signal any significant positive or negative shifts for the company, thus maintaining a 'hold' recommendation is appropriate based solely on this filing.

Keywords

Synopsys, SNPS, Shelagh Glaser, CFO, Form 4, SEC filing, insider transaction, restricted stock units, RSU vesting, stock sale, tax withholding, executive compensation