Synopsys (SNPS) CFO Shelagh Glaser Sells 3,394 Shares

What Happened Shelagh Glaser, Chief Financial Officer of Synopsys (SNPS), sold 3,394 shares in an open-market transaction on June 12, 2026. The weighted-average sale price was $450.02 per share, resulting in gross proceeds of approximately $1,527,372. The sales were executed under a Rule 10b5-1 trading plan adopted January 13, 2026 (planned sales, not ad hoc).

Key Details

• Transaction date: June 12, 2026
• Transaction type: Sale (open market) of 3,394 shares
• Weighted-average price: $450.02; reported price range for the multiple trades: $450.00 to $457.95
• Gross proceeds: $1,527,372
• 10b5-1 plan: Sale was effected pursuant to a Rule 10b5-1 trading plan adopted Jan 13, 2026 (Footnote F1)
• Pricing detail: Reporting person can provide breakdown of number of shares sold at each individual price within the stated range (Footnote F2)
• Trust transfer: The filing also notes a separate transfer of 17,752 shares into the Karl and Shelagh Glaser Revocable Trust; that transfer is exempt under Rule 16a-13 and the shares are held indirectly through the trust (Footnote F3)
• Shares owned after transaction: Not disclosed in the excerpt provided
• Filing timeliness: Form 4 filed June 15, 2026, which is within the normal SEC reporting window following the June 12 transaction

Context This sale was carried out under a pre-established 10b5-1 plan, which is commonly used by insiders to sell shares according to a pre-set schedule and is generally viewed as planned rather than a spontaneous signal about company prospects. The separate trust transfer is an exempt, non-market transfer and does not by itself indicate a sale or change in trading intent.