LEE JANET 4

4 · SYNOPSYS INC · Filed Jun 2, 2026

AI-generated summary of this filing

Updated Jun 2, 2026

Synopsys (SNPS) GC Janet Lee Exercises RSUs; Shares Withheld

What Happened

Janet Lee, General Counsel & Corporate Secretary of Synopsys (SNPS), had 699 restricted stock units (RSUs) convert into common shares on June 1, 2026. The conversion carried an exercise/conversion price of $0.00 (typical for RSU vesting).
To satisfy tax withholding, 304 of those shares were retained/disposed by the company at $492.29 per share, totaling $149,656. That leaves a net of 395 shares delivered to the reporting person (699 converted minus 304 withheld).

Key Details

Transaction date: 2026-06-01; Filing date: 2026-06-02 (timely).
Conversion: 699 RSUs -> 699 shares (reported as derivative conversion, code M) at $0.00.
Tax withholding: 304 shares withheld/disposed (code F) at $492.29/share = $149,656.
Net shares issued to insider (calculated): 395 shares.
Footnotes: F1 — shares retained by the company to meet the reporting person’s tax withholding obligation; F2 — each stock unit converts to one share; F3 — the award vests on the date shown followed by quarterly installments, subject to continued service.
Shares owned after the transaction: not provided in the supplied data.

Context

This was a routine RSU vesting with share withholding to cover taxes (a sell-to-cover style transaction), not an open-market sale or a cash purchase. Such transactions are common for employee equity compensation and do not by themselves indicate a change in insider sentiment.

Form 4

Period: 2026-06-01

GC & Corporate Secretary

Transactions

Exercise/Conversion
Common Stock
2026-06-01+699→ 15,581 total
Tax Payment
Common Stock
[F1]
2026-06-01$492.29/sh−304$149,656→ 15,277 total
Exercise/Conversion
Restricted Stock Units
[F2][F3]
2026-06-01−699→ 2,097 total
Exercise: $0.00From: 2025-09-01Exp: 2027-03-01→ Common Stock (699 underlying)

Footnotes (3)

[F1]These shares were retained by the Company in order to meet the tax withholding obligations of the reporting person in connection with the vesting of an installment of the restricted stock unit award. The Compensation Committee approved the disposition of shares by the reporting person and the amount retained by the Company was not in excess of the amount of the tax liability.
[F2]Each stock unit converts into one share of Synopsys common stock.
[F3]The award vests on the date shown followed by quarterly installments, subject to continued service through each vesting date.

Signature

By: POA pursuant Mary Lai For: Janet Lee|2026-06-02

1 file