Synopsys President & CEO Sassine Ghazi Exercises and Sells Shares Under Rule 10b5-1 Plan

Executive Summary

On October 15, 2026, Synopsys Inc (NASDAQ: SNPS) President and CEO Sassine Ghazi executed a pre-planned transaction under a Rule 10b5-1 trading plan adopted on September 19, 2025. The transaction involved exercising stock options for 14,604 shares at an exercise price of $135.88 and immediately selling the underlying common stock at a weighted average price of $462.843 per share, yielding total gross proceeds of approximately $6.76 million.

Key Transaction Details

• Option Exercise (Code M): 14,604 non-qualified stock options exercised at $135.88 per share (expiring December 12, 2026).
• Open-Market Sale (Code S): 14,604 shares sold at a weighted average price of $462.843 (range: $455.060 – $471.325).
• Net Cash Realized: Gross proceeds of ~$6,759,359 against an exercise cost of ~$1,984,392, netting approximately $4.77 million before taxes and transaction fees.
• Post-Transaction Holdings: Ghazi retains 76,865 shares of Synopsys common stock held directly.

Significance Assessment

The trading significance is rated Low. The disposition was executed pursuant to a pre-established Rule 10b5-1 trading plan and represents an exercise-and-sell transaction approaching option expiration (December 2026). Core direct equity ownership remained unchanged relative to the beginning of the transaction sequence, reflecting routine executive compensation realization rather than a discretionary market signal.