Synopsys Inc: deputy CFO Kankanwadi Sudhindra sold 12,170 shares

What happened

Kankanwadi Sudhindra, deputy chief financial officer and chief accounting officer, exercised options to acquire 12,170 shares and sold 12,170 shares. On Oct 5, 2026 he exercised 3,000 shares at $135.88 (acquired for $407,640) and sold 3,000 shares at $484.78 (proceeds $1,454,340). On Oct 6, 2026 he exercised 9,170 shares at $135.88 (acquired for $1,246,020) and sold 9,170 shares at $500.00 (proceeds $4,585,000). The filing also shows corresponding derivative disposals listed at $0.00 for the exercised amounts.

Key details

• Transaction dates and prices: Oct 5, 2026 — exercised 3,000 at $135.88 and sold 3,000 at $484.78; Oct 6, 2026 — exercised 9,170 at $135.88 and sold 9,170 at $500.00.
• Total acquired by exercise: 12,170 shares for $1,653,660. Total sales proceeds: $6,039,340.
• Derivative lines: the Form 4 lists derivative disposals at $0.00 for 3,000 and 9,170 shares (these correspond to the option exercises). Transaction codes reported: M = exercise/conversion, S = sale.
• Shares owned after the transactions: not stated in the provided filing excerpt.
• Filing date: Oct 6, 2026; the filing is not marked late.

Why it may matter

• The filing shows options were exercised and the same shares were sold on the same days, consistent with a cashless exercise and immediate sale of the acquired shares.
• A filing does not show why the insider traded or why the company acted.