DE GEUS AART 4

What Happened Aart De Geus, Executive Chair of Synopsys (SNPS), had an installment of restricted stock units (RSUs) convert into 1,763 shares on 2026-03-15. No cash exercise price was required (conversion at $0). To cover tax withholding on the vesting, 630 of those shares were retained by the company at a value of $412.63 per share, generating $259,957. The reporting person therefore netted 1,133 shares (1,763 vested minus 630 withheld).

Key Details

• Transaction date: 2026-03-15; Form 4 filed 2026-03-16 (timely, next-day filing).
• Vesting/conversion: 1,763 stock units converted into 1,763 shares (conversion ratio 1:1).
• Tax withholding: 630 shares withheld by the company at $412.63/share = $259,957 (disposition code F).
• Net shares received: 1,133 shares retained by the insider after withholding.
• No cash paid for exercise/conversion (code M entries show $0 exercise price).
• Footnotes: Company retained shares to satisfy tax withholding and amount was not in excess of the tax liability (F1). Units convert 1:1 to shares (F2). The award vests in installments—25% on the shown date then three equal annual installments (F3).
• Total shares owned after transaction: Not disclosed in the provided filing.

Context This was an RSU vesting with company withholding to cover taxes (a routine administrative step), not an open-market sale. The withheld shares are not a public sale and should not be read as a directional trade; the transaction reflects compensation vesting and tax settlement rather than a discretionary sale.