Form 4: Synopsys GC Janet Lee Reports RSU Vesting & Tax Withholding

Synopsys General Counsel Janet Lee reported the vesting of restricted stock units and the subsequent sale of shares to cover tax obligations.

Summary

• Janet Lee, Synopsys' General Counsel and Corporate Secretary, reported transactions on September 3, 2025.
• 293 shares of common stock were acquired upon the vesting of restricted stock units (RSUs) at a price of $0.0.
• 128 shares of common stock were disposed of at a price of $592.12 per share to satisfy tax withholding obligations related to the RSU vesting.
• Following these transactions, Lee directly owns 8,858 shares of common stock.
• Lee also holds 585 unvested restricted stock units, which will vest in quarterly installments subject to continued service through each vesting date, with an expiration date of March 3, 2026.

Sentiment

Score: 6

Explanation: Neutral to slightly positive. The filing reports routine executive compensation events (RSU vesting and tax-related sales), indicating continued executive tenure and standard compensation practices. No significant positive or negative operational news is conveyed.

Positives

• The vesting of restricted stock units indicates continued service and performance by a key executive.
• The disposition of shares for tax withholding is a routine and expected event following RSU vesting, demonstrating compliance with tax obligations.

Future Outlook

The remaining Restricted Stock Units will vest in quarterly installments, subject to continued service through each vesting date, with an expiration date of March 3, 2026.

Industry Context

This is a routine insider transaction filing, common for executives receiving equity compensation. It reflects the standard process of RSU vesting and subsequent tax withholding, which is a typical component of executive compensation packages across the technology industry.

Stakeholder Impact

• Shareholders: Minor dilution from RSU vesting is offset by the executive's continued alignment with shareholder interests through equity ownership. The sale for tax purposes is a routine event and does not signal a change in confidence.
• Employees: Reflects standard executive compensation practices, which can be a benchmark for other employees' equity plans.

Next Steps

• Remaining Restricted Stock Units will vest in quarterly installments.
• Continued service through each vesting date is required for future vesting.

Key Dates

Recommendation

This Form 4 filing details routine executive compensation events (RSU vesting and tax-related share sales) and does not contain any new material information regarding the company's operational performance, strategic direction, or financial health that would warrant a change in investment recommendation. It simply reflects a standard, pre-scheduled transaction for a key executive.

Keywords

Synopsys, SNPS, Janet Lee, Form 4, Insider Trading, Restricted Stock Units, RSU Vesting, Tax Withholding, Executive Compensation