Form 4: Synaptics CEO's Planned Stock Withholding for Taxes
Insider Transaction Report
Synaptics' President and CEO, Rahul G. Patel, reported a planned disposition of 10,519 shares for tax obligations related to restricted stock units.
Summary
- Rahul G. Patel, President and Chief Executive Officer, and a Director of Synaptics Inc. (SYNA), reported a transaction.
- On December 17, 2025, 10,519 shares of common stock were disposed of at a price of $73.84 per share.
- This disposition was made to the Issuer to satisfy tax withholding obligations associated with the settlement of restricted stock units.
- The transaction was executed pursuant to a Rule 10b5-1 plan.
- Following this transaction, Rahul G. Patel beneficially owns 120,446 shares of Synaptics common stock directly.
Sentiment
Score: 5
Explanation: The filing reports a routine, non-discretionary transaction for tax withholding purposes, which is neutral in sentiment.
Future Outlook
The filing indicates a planned future transaction on December 17, 2025, for tax withholding purposes, suggesting a routine settlement of restricted stock units as part of executive compensation.
Industry Context
This Form 4 filing details a routine insider transaction common across all industries, where executives dispose of shares to cover tax liabilities upon the vesting of restricted stock units. It does not provide specific insights into broader industry trends or competitive positioning.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes and not a market sale.
Key Dates
| Date | Description |
|---|---|
| 12/17/2025 | Date of planned transaction where shares were disposed of for tax withholding. |
| 12/18/2025 | Date the Form 4 was filed. |
Keywords
Synaptics, SYNA, Rahul G. Patel, Form 4, Insider Transaction, Stock Withholding, Restricted Stock Units, Tax Obligations, CEO, Director
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