LEE JANET 4

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.