SYNOPSYS INC: president and CEO Ghazi Sassine sold 14,604 shares

What happened Ghazi Sassine, president and CEO, exercised options to acquire 14,604 shares at an exercise price of $135.88 for $1,984,392 and sold 14,604 shares the same day at a weighted average price of $462.84 for $6,759,359. The filing also reports a derivative disposal of 14,604 shares at $0.00 (reflecting the conversion of the derivative).

Key details

• Transaction date: Oct 15, 2026. Filing date: Oct 16, 2026.
• Exercise: 14,604 shares at $135.88, total $1,984,392.
• Sale: 14,604 shares at a weighted average price of $462.84, total $6,759,359.
• Footnote: sale prices ranged from $455.060 to $471.325; the reporting person will provide details on the number of shares sold at each price upon request (F1).
• Footnote: transactions were effected under a Rule 10b5-1 trading plan adopted Sep 19, 2025 (F2).
• Shares owned after the transaction: not reported in this filing.
• Filing timeliness: Form filed Oct 16, 2026 (transaction date Oct 15, 2026).

Why it may matter The filing shows options were exercised and the same 14,604 shares were sold on the same day, which is a cashless exercise where exercised shares were immediately sold. A filing does not show why the insider traded or why the company acted.