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    Synopsys Inc. filed SEC Form 8-K: Leadership Update

    4/20/26 4:30:22 PM ET
    $SNPS
    Computer Software: Prepackaged Software
    Technology
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    8-K
    SYNOPSYS INC false 0000883241 0000883241 2026-04-16 2026-04-16
     
     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

     

    FORM 8-K

     

     

    CURRENT REPORT

    Pursuant to Section 13 or 15(d)

    of the Securities Exchange Act of 1934

    Date of Report (date of earliest event reported): April 16, 2026

     

     

    SYNOPSYS, INC.

    (Exact name of Registrant as specified in charter)

     

     

     

    Delaware   000-19807   56-1546236

    (State or other jurisdiction

    of incorporation)

     

    (Commission

    File Number)

     

    (I.R.S. Employer

    Identification No.)

    675 Almanor Avenue

    Sunnyvale, California 94085

    (Address of principal executive offices)

    Registrant’s telephone number, including area code: (650) 584-5000

    N/A

    (Former name or former address, if changed since last report)

     

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

     

    ☐

    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

     

    ☐

    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

     

    ☐

    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

     

    ☐

    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

    Securities registered pursuant to Section 12(b) of the Act:

     

    Title of each class

     

    Trading
    Symbol(s)

     

    Name of each exchange
    on which registered

    Common Stock (par value of $0.01 per share)   SNPS   Nasdaq Global Select Market

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

    Emerging growth company ☐

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

     

     
     


    Item 5.02

    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

    (e) Approval of Amended and Restated Equity Incentive Plan

    At the 2026 Annual Meeting of Stockholders (the “Annual Meeting”) of Synopsys, Inc. (“Synopsys”) held on April 16, 2026, Synopsys’ stockholders approved Synopsys’ Amended and Restated Equity Incentive Plan (the “Equity Incentive Plan”), in order to, among other things, include Synopsys’ non-employee directors as persons eligible to receive awards under the Equity Incentive Plan. Synopsys’ Board of Directors (the “Board”) and the Compensation and Organizational Development Committee of the Board previously approved the Equity Incentive Plan, subject to such stockholder approval. Synopsys’ executive officers are eligible to participate in the Equity Incentive Plan.

    A summary of the Equity Incentive Plan is set forth in Proposal 2 to Synopsys’ definitive proxy statement for the Annual Meeting filed with the Securities and Exchange Commission on February 19, 2026 (the “Proxy Statement”), which summary is incorporated by reference herein. The above summary and description of the Equity Incentive Plan do not purport to be complete and are qualified in their entirety by reference to the Equity Incentive Plan, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.

     

    Item 5.07

    Submission of Matters to a Vote of Security Holders.

    (a)(b) Annual Meeting Results

    As described in Item 5.02(e) above, Synopsys held its Annual Meeting on April 16, 2026. As of the record date of February 17, 2026, 191,561,935 shares of Synopsys common stock were outstanding and entitled to vote at the Annual Meeting. A total of 163,586,092 shares of Synopsys common stock, constituting a quorum, were represented in person or by proxy at the Annual Meeting.

    Synopsys’ stockholders voted on five proposals at the Annual Meeting. The proposals are further described in the Proxy Statement. The final results of the votes regarding each proposal are set forth below.

    Proposal 1: Synopsys’ stockholders elected ten directors to the Board, to serve until the next annual meeting of stockholders and until their successors are elected and qualified or until their earlier death, resignation or removal. The voting results regarding this proposal are set forth below:

     

         For      Against      Abstain      Broker Non-Votes  

    Aart J. de Geus

         143,736,985        3,465,990        269,631        16,113,486  

    John G. Schwarz

         142,864,302        4,455,755        152,549        16,113,486  

    Sassine Ghazi

         145,900,556        1,457,941        114,109        16,113,486  

    Janice D. Chaffin

         133,355,694        13,892,054        224,858        16,113,486  

    Bruce R. Chizen

         139,133,965        8,183,271        155,370        16,113,486  

    Mercedes Johnson

         145,332,055        1,987,370        153,181        16,113,486  

    Robert G. Painter

         142,710,751        4,604,391        157,464        16,113,486  

    Jeannine P. Sargent

         143,497,171        3,660,226        315,209        16,113,486  

    Peter A. Shimer

         145,111,785        2,201,185        159,636        16,113,486  

    Ravi Vijayaraghavan

         143,640,730        3,603,418        228,458        16,113,486  

    Proposal 2: As described in Item 5.02(e) above, Synopsys’ stockholders approved the Equity Incentive Plan. The Equity Incentive Plan is filed as Exhibit 10.1 to this Current Report on Form 8-K. The voting results regarding this proposal are set forth below:

     

    For:

         143,264,153  

    Against:

         4,027,288  

    Abstain:

         181,165  

    Broker Non-Votes:

         16,113,486  


    Proposal 3: Synopsys’ stockholders approved, on an advisory basis, the compensation of Synopsys’ named executive officers as disclosed in the Proxy Statement. The voting results regarding this proposal are set forth below:

     

    For:

         134,772,793  

    Against:

         12,509,153  

    Abstain:

         190,660  

    Broker Non-Votes:

         16,113,486  

    Proposal 4: Synopsys’ stockholders ratified the selection of KPMG LLP as Synopsys’ independent registered public accounting firm for the fiscal year ending October 31, 2026. The voting results regarding this proposal are set forth below:

     

    For:

         150,960,889  

    Against:

         12,242,955  

    Abstain:

         382,248  

    Broker Non-Votes:

         —   

    Proposal 5: Synopsys’ stockholders did not approve the stockholder proposal regarding stockholders’ right to act by written consent. The voting results regarding this proposal are set forth below:

     

    For:

         59,013,869  

    Against:

         88,134,590  

    Abstain:

         324,147  

    Broker Non-Votes:

         16,113,486  

     

    Item 9.01

    Financial Statements and Exhibits.

    (d) Exhibits

     

    Exhibit

    Number

      

    Description

    10.1    Amended and Restated Equity Incentive Plan
    104    Cover Page Interactive Data File (embedded within the Inline XBRL document)


    SIGNATURES

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

     

        SYNOPSYS, INC.
    Dated: April 20, 2026     By:  

    /S/ JANET LEE

          Janet Lee
          General Counsel and Corporate Secretary
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