Form 4: Synopsys GC Janet Lee Reports Stock Transactions

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

Summary

• Janet Lee, Synopsys Inc.'s General Counsel and Corporate Secretary, reported transactions involving company stock on December 1, 2025.
• 699 shares of Common Stock were acquired upon the vesting of Restricted Stock Units (RSUs) at a price of $0.0.
• Concurrently, 304 shares of Common Stock were disposed of at a price of $438.29 per share to satisfy tax withholding obligations related to the RSU vesting.
• Following these transactions, Janet Lee directly owns 9,253 shares of Common Stock.
• She also directly owns 3,495 Restricted Stock Units, which vest in quarterly installments subject to continued service.

Sentiment

Score: 5

Explanation: Neutral. This is a routine insider transaction filing (Form 4) reporting RSU vesting and tax-related share disposition, which is a standard compensation event and does not inherently indicate positive or negative company performance or outlook.

Positives

• The vesting of Restricted Stock Units indicates continued service and compensation for the General Counsel, aligning with standard executive incentive plans.
• The disposition of shares for tax withholding is a routine and expected practice for RSU vesting, reflecting a normal compensation event.

Future Outlook

The Restricted Stock Unit award vests in quarterly installments, subject to continued service through each vesting date, indicating future potential share acquisitions for the reporting person.

Management Comments

• 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.

Industry Context

This Form 4 filing is a routine disclosure of insider stock transactions, common across all publicly traded companies, reflecting standard executive compensation practices involving equity awards like Restricted Stock Units.

Comparison to Industry Standards

• The vesting of Restricted Stock Units and subsequent sale of shares to cover tax obligations is a standard practice for executive compensation in the technology and software industry, aligning with common equity incentive plans seen at companies like Microsoft, Adobe, or Salesforce.
• The reported share price of $438.29 for the tax-related disposition reflects the market value at the time of the transaction, consistent with market-based compensation.

Stakeholder Impact

• Shareholders: Provides transparency into executive compensation and stock ownership changes, which is standard for corporate governance.
• Employees: Reflects standard equity compensation practices for executives.

Next Steps

• Future quarterly installments of the Restricted Stock Unit award will vest, subject to continued service.

Key Dates

Keywords

Synopsys, SNPS, Form 4, Insider Trading, Restricted Stock Units, RSU, Stock Vesting, Tax Withholding, Janet Lee, Corporate Secretary, General Counsel