Ghazi Sassine 4

What Happened
Ghazi Sassine, President & CEO of Synopsys, had 1,322 restricted stock units (RSUs convert to common shares) vest on March 15, 2026. The RSUs converted into 1,322 shares (total value about $545,497 at $412.63/share). To satisfy tax withholding, 458 of those shares were retained/disposed by the company at $412.63 each, generating approximately $188,985. The result was a net increase of 864 shares to the insider's holdings (1,322 vested − 458 withheld).

Key Details

• Transaction dates: vesting/conversion and withholding occurred on 2026-03-15; Form 4 filed 2026-03-16 (timely).
• Prices and values: conversion price reported $0.00 (RSUs convert to shares); market value used for withholding was $412.63/share. Total vested value ≈ $545,496.86; shares withheld value ≈ $188,985.
• Shares owned after transaction: not specified in the provided filing summary.
• Footnotes: Company retained shares to meet the reporting person's tax withholding obligation (Compensation Committee approved; amount was not in excess of liability). Each stock unit converts to one common share; these units vest in installments (25% initially, then three equal annual installments).

Context
This was a vesting/settlement of restricted stock units, not an open-market purchase or a discretionary sale. The withholding of shares to cover taxes is a routine administrative step (common with RSU vesting) and does not necessarily indicate a voluntary sale decision by the insider.