Business Context and Reporting Period
This Form 8-K is a current report filed by Synopsys, Inc. on August 9, 2026, regarding an event reported on August 12, 2026. The filing addresses Item 5.02, concerning the departure of certain officers.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is limited to corporate governance updates and contains no financial performance data.
Material Changes
The material change disclosed is the departure of Janet Lee from her roles as General Counsel and Corporate Secretary. Her departure is effective as of the earlier of December 31, 2026, or the appointment of her successor.
Outlook, Risks, and Management Commentary
- Transition Plan: Following her departure, Ms. Lee will transition to an advisory role.
- Duration: The advisory role is expected to continue until June 30, 2027, or a later date determined by Synopsys to ensure a smooth transition.
- Risks: No specific financial risks or contingencies are detailed in this filing.
Investor Verification Checklist
- Confirm the exact date of Janet Lee's departure from the General Counsel and Corporate Secretary roles.
- Monitor for the announcement of her successor to determine the effective departure date.
- Verify the terms of the advisory role and any associated compensation arrangements not detailed in this summary.