Synopsys Officer Files Form 144 for Proposed $4.59M Share Sale

Overview

On October 6, 2026, Sudhindra Kankanwadi, an Officer of Synopsys, Inc. ($SNPS), filed a Form 144 notice disclosing an intention to sell up to 9,170 shares of Common Stock through Morgan Stanley Smith Barney LLC. The aggregate market value of the proposed transaction is approximately $4,585,000.00, implying a price of $500.00 per share.

Transaction Details

• Security: Common Stock
• Proposed Sale Date: October 6, 2026
• Nature of Acquisition: The 9,170 shares were acquired on October 6, 2026, via cash exercise of stock options directly from the issuer.
• Past 3 Months Sales: The filing notes an additional recent sale of 3,000 shares on October 5, 2026, generating gross proceeds of $1,454,340.00.

Market Impact & Significance

• Dilution and Float Impact: With 191,636,646 shares outstanding, the proposed 9,170 shares represent less than 0.005% of the total outstanding stock, indicating virtually no float or supply impact on the open market.
• Context: The sale represents standard exercise-and-sell activity by corporate officers to realize equity compensation. Given that this is an option exercise and accounts for a fraction of daily trading volume, the market significance is considered Low.