Glaser Shelagh 4

What Happened

• Shelagh Glaser, Chief Financial Officer of Synopsys (SNPS), had 1,259 restricted stock units convert into common shares on 2026-06-15. As part of the vesting event, 436 shares were retained by the company to satisfy tax withholding obligations at $454.38 per share, totaling $198,110.
• This was a routine vesting/conversion of equity awards (not an open-market purchase or discretionary sale). Net shares delivered to Glaser after withholding were 823 (1,259 vested − 436 withheld).

Key Details

• Transaction date: 2026-06-15; Filing date: 2026-06-16 (timely).
• Conversion: 1,259 stock units converted into 1,259 shares (transaction code M).
• Tax withholding: 436 shares surrendered/retained to cover taxes at $454.38/share for $198,110 (transaction code F).
• Shares owned after transaction: not specified in the filing beyond this vesting event.
• Footnotes: F1 — shares withheld by the company to meet tax withholding; F2 — each stock unit converts into one share; F3 — these units vest in installments (one-sixth on the shown date, followed by five equal semi-annual installments).
• Filing appears timely; no 10b5-1 plan or gift noted.

Context

• This is a cashless tax-withholding on a vesting of restricted stock units (RSUs), a common administrative step that does not by itself indicate insider sentiment. Transaction codes: M = exercise/conversion of derivative (RSU conversion), F = tax withholding.