LEE JANET 4

What Happened
Janet Lee, General Counsel & Corporate Secretary of Synopsys (SNPS), had 699 restricted stock units (RSUs) vest on March 1, 2026. The company withheld 304 of those shares to satisfy tax withholding obligations at $414.00 per share, generating $125,856. The net shares delivered to Lee were 395 (699 vested − 304 withheld). The RSU conversion is recorded as a derivative exercise/settlement (code M) with tax withholding recorded as a disposition (code F).

Key Details

• Transaction date: 2026-03-01; filing date: 2026-03-02 (filed the next day — appears timely).
• Vesting/settlement: 699 RSUs converted to common stock (recorded at $0.00 for the derivative conversion).
• Tax withholding: 304 shares withheld at $414.00 per share = $125,856 (reported as disposition).
• Net shares delivered to insider: 395 shares.
• Shares owned after transaction: not specified in the Form 4 filing.
• Footnotes: F1 — shares were retained by the company to meet the reporting person’s tax withholding; amount retained was approved by the Compensation Committee and not in excess of the tax liability. F2 — the award vests on the date shown followed by quarterly installments, subject to continued service.

Context
This was a routine RSU vesting with company tax-withholding (a cashless withholding), not an open-market sale or a purchase. Such withholdings are administrative and do not necessarily indicate insider sentiment. The filing shows a standard vesting installment and related tax withholding rather than an active sale by the insider.