DE GEUS AART 4
Research Summary
AI-generated summary
Synopsys (SNPS) Exec Chair Aart de Geus Exercises RSUs, Sells Shares
What Happened
- Aart de Geus, Executive Chair and Director of Synopsys (SNPS), had 449 restricted stock units (stock units convert 1:1 to shares) vest and convert into 449 shares on June 15, 2026. Of those, 156 shares were retained/withheld by the company to satisfy tax withholding obligations, valued at $454.38 per share for a total of $70,883. The RSU conversion is reported as an exercise/conversion of a derivative (code M) and the withholding as a tax-related disposition (code F).
Key Details
- Transaction date: June 15, 2026.
- Converted: 449 stock units -> 449 shares at $0.00 (RSU vesting/conversion).
- Withheld/disposed for taxes: 156 shares @ $454.38 = $70,883 (company retained shares to cover tax).
- Additional derivative line: 449 shares shown disposed at $0.00 related to the conversion mechanics (per filing).
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnotes: F1 = company retained shares to meet tax withholding (amount not in excess of tax liability); F2 = each stock unit converts to one share; F3 = vesting schedule (1/6 on date shown, then five equal semiannual installments).
- Filing timing: Report filed 2026-06-16 for a 2026-06-15 transaction — no late filing indicated in the provided data.
Context
- This was an RSU vesting event with a cashless-style tax withholding (company retention of shares), a common administrative step and not an open-market sale indicating a market view. The material cash value in this filing is the tax withholding (~$70.9k), not a discretionary sale or purchase decision.