Form 4: Synopsys GC Janet Lee Reports Stock Transactions

Synopsys GC & Corporate Secretary Janet Lee reported transactions involving Synopsys Inc. common stock, including the acquisition of shares related to restricted stock units and tax withholding.

Summary

• Janet Lee, GC & Corporate Secretary of Synopsys Inc., reported transactions on June 1, 2026.
• She acquired 699 shares of common stock with a reported value of $0.0, designated as a non-sale transaction.
• Additionally, 304 shares were disposed of at a price of $492.29 per share.
• The company retained 699 shares to cover tax withholding obligations related to the vesting of restricted stock units.
• These retained shares were not in excess of the tax liability and were approved by the Compensation Committee.
• The restricted stock units convert into one share of Synopsys common stock upon vesting.
• The award vests on a specified date followed by quarterly installments, contingent on continued service.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily details routine stock transactions for tax purposes and does not indicate significant positive or negative developments for the company.

Positives

• The company retained shares to cover tax obligations, indicating proper financial management of employee compensation.
• The Compensation Committee approved the disposition of shares, suggesting adherence to corporate governance procedures.
• The reporting person continues to hold a significant number of shares (15,581 directly) after these transactions.

Negatives

• 304 shares were disposed of, which could represent a sale by the reporting person, though the filing does not explicitly state the reason for disposal beyond tax withholding for the acquired shares.

Risks

• The filing does not explicitly mention any new or ongoing risks.
• Potential future tax liabilities related to stock-based compensation could arise.

Future Outlook

The filing does not contain explicit forward-looking statements or guidance regarding future financial performance. However, the vesting schedule for restricted stock units implies future potential share issuances.

Management Comments

• The Compensation Committee approved the disposition of shares by the reporting person.
• The amount of shares retained by the Company was not in excess of the amount of the tax liability.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for public company insiders, detailing changes in their beneficial ownership of company stock. This filing by Synopsys Inc.'s GC is typical for managing compensation and tax obligations related to equity awards, a common practice in the semiconductor and software industry.

Corporate Governance

Related Party Transactions

• The transaction involves the reporting person, Janet Lee, who is an officer (GC & Corporate Secretary) of Synopsys Inc., and the company itself, concerning the retention of shares for tax withholding.

Stakeholder Impact

• Shareholders: No immediate impact, as this is a routine disclosure of insider transactions related to compensation and taxes. The disposal of 304 shares at market price does not suggest a significant sell-off.
• Employees: The tax withholding mechanism ensures that employees receiving equity awards can meet their tax obligations.
• Management: The reporting person is managing their compensation and tax liabilities effectively.

Next Steps

• Continued vesting of restricted stock units subject to continued service through each vesting date.
• Potential future tax obligations related to equity awards.

Key Dates

Keywords

Synopsys Inc., SNPS, Form 4, SEC Filing, Stock Transaction, Restricted Stock Units, Tax Withholding, Beneficial Ownership, Insider Trading, Janet Lee, GC, Corporate Secretary