Synopsys Legal Chief Janet Lee Sells 500 Shares in Two Transactions, SEC Filing Reveals

Janet Lee, Chief Legal Officer and Corporate Secretary of Synopsys Inc. (NASDAQ: SNPS), sold a total of 500 shares of Synopsys common stock in two open-market transactions on January 7 and January 12. According to the filed Form 4, Lee disposed of 250 shares at $510 per share on January 7, generating approximately $127,500 (about KRW 185 million), and another 250 shares at $530 per share on January 12, raising around $132,500 (about KRW 192 million). Both transactions were signed by proxy under a power of attorney granted to Mary Lai, and no option exercises or RSU vesting events were reported. Following these sales, Lee’s direct holdings of Synopsys common stock declined to 12,209 shares after the January 7 sale and to 11,959 shares after the January 12 sale.

Synopsys Inc. (NASDAQ: SNPS), headquartered in Sunnyvale, California, is a leading global provider of electronic design automation (EDA) software, delivering semiconductor design, verification, and intellectual property (IP) solutions. Through its tools for digital and analog circuit implementation, chip simulation and debugging, and system-level design and verification, Synopsys supports chip development for semiconductor and systems companies worldwide. In the EDA market, it is regarded as one of the “Big Three” alongside Cadence Design Systems and Siemens EDA, and has recently enhanced its AI-driven design automation and data analytics offerings to capture growing demand in AI and high-performance computing (HPC).

Recently, Synopsys has been elevating its profile with an AI-and-simulation integration strategy, announcing major deals and collaborations. In July 2025, it completed the $35 billion acquisition of Ansys, aiming to establish an end-to-end platform that spans chip design through multi-physics and system simulation. In December 2025, Synopsys secured a $2 billion (approximately KRW 2.9 trillion) strategic investment from NVIDIA to co-develop design tools leveraging NVIDIA’s AI technologies. In the fourth quarter of 2025, buoyed by the Ansys integration and robust demand for AI and advanced chip design, the company posted revenues slightly above market expectations, while also announcing a restructuring that includes reducing its workforce by about 10% to reallocate resources toward AI and system-level innovation.