Form 4: Synopsys GC Janet Lee Reports RSU Vesting, Tax Sale

Synopsys General Counsel Janet Lee reported the vesting of 292 Restricted Stock Units and the subsequent disposition of 127 shares for tax withholding purposes.

Summary

• Janet Lee, General Counsel and Corporate Secretary of Synopsys Inc. (SNPS), reported changes in her beneficial ownership.
• On March 3, 2026, 292 shares of Common Stock were acquired by Ms. Lee upon the vesting of Restricted Stock Units (RSUs) at a price of $0.0 per share.
• Concurrently, 127 shares of Common Stock were disposed of on March 3, 2026, at a price of $424.32 per share.
• These 127 shares were retained by Synopsys to meet the reporting person's tax withholding obligations related to the RSU vesting.
• Following these transactions, Ms. Lee's direct beneficial ownership of Common Stock stands at 14,471 shares.
• The Compensation Committee approved the disposition of shares, and the amount retained by the Company did not exceed the tax liability.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this filing as slightly positive due to the vesting of RSUs, which is a positive compensation event for the executive, despite the routine tax-related share disposition.

Positives

• The vesting of 292 Restricted Stock Units represents a positive compensation event for the General Counsel, increasing her equity stake in the company before tax adjustments.

Negatives

• The disposition of 127 shares for tax withholding reduces the direct beneficial ownership of the General Counsel, though this is a standard and necessary procedure for RSU vesting.

Risks

• Routine insider transactions for tax purposes are generally not considered a significant risk, but any disposition of shares by an officer could be misinterpreted by the market as a lack of confidence, even when it is for tax obligations.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

StockSavvy.ai notes that Form 4 filings provide transparency into insider ownership changes, which can sometimes signal management's confidence or lack thereof. In this instance, the transaction is a routine tax-related event following RSU vesting, common across industries for executive compensation.

Stakeholder Impact

• Shareholders: The impact on shareholders is minimal, as this is a routine insider transaction related to executive compensation and tax obligations, not indicative of a change in company fundamentals or strategy.

Key Dates

Keywords

Synopsys, SNPS, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Tax Withholding, Beneficial Ownership, Corporate Secretary, General Counsel