LEE JANET 4

What Happened
Janet Lee, General Counsel & Corporate Secretary of Synopsys, had 729 restricted stock units convert into 729 shares on 2026-05-16. The company withheld 318 of those shares to satisfy tax withholding obligations at $502.42 per share, totaling $159,770. Net shares issued to Ms. Lee were 411. This was a vesting/settlement event (not an open-market buy or discretionary sale).

Key Details

• Transaction date: 2026-05-16; Form filed 2026-05-18 (appears timely).
• Conversion/exercise code: M (derivative exercise/conversion) — 729 units → 729 shares at $0.00 per share.
• Tax withholding code: F — 318 shares withheld at $502.42/share for $159,770.
• Net shares received: 729 − 318 = 411 shares.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 = shares retained by company to cover tax withholding; F2 = each stock unit converts to one share; F3 = award vests on the date shown followed by quarterly installments, subject to continued service.

Context
This was a routine RSU vest/settlement with share withholding for taxes (common "sell-to-cover" style). Transaction codes: M = exercise/conversion of derivative (RSU conversion), F = tax withholding. Such vesting events reflect compensation realization rather than a market-directed buy or sell.