Form 4: Synaptics CEO Sells Shares Under 10b5-1 Plan

Synaptics CEO Rahul G. Patel sold 2,281 shares of common stock on January 20, 2026, through a pre-arranged 10b5-1 trading plan.

Summary

• Rahul G. Patel, President and Chief Executive Officer of Synaptics Inc. (SYNA), reported transactions involving the sale of common stock.
• A total of 2,281 shares of common stock were disposed of in three separate transactions on January 20, 2026.
• The sales were executed pursuant to a Rule 10b5-1 Trading Plan established on September 4, 2025.
• The shares were sold at weighted average prices of $85.90 (981 shares), $86.89 (300 shares), and $88.59 (1,000 shares).
• Following these transactions, Rahul G. Patel beneficially owns 113,601 shares of Synaptics common stock directly.
• The reported prices are weighted averages, with individual transaction prices ranging from $85.44 to $86.37, $86.83 to $86.93, and $88.25 to $88.98 for the respective sales.

Sentiment

Score: 5

Explanation: The sentiment is neutral. Insider sales under a pre-arranged 10b5-1 plan are generally not interpreted as a strong signal of management's immediate outlook on the company, as they are scheduled in advance and not typically reactive to new, non-public information.

Negatives

• The filing reports insider selling, which, while planned, reduces the direct ownership stake of the CEO in the company.

Future Outlook

This Form 4 filing reports past transactions and does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Management Comments

• The shares were sold pursuant to a 10b5-1 Trading Plan dated September 4, 2025.

Industry Context

This filing is specific to an insider transaction at Synaptics Inc. and does not provide broader industry context or trends. Insider trading reports are a standard part of regulatory disclosures across all industries.

Corporate Governance

Stakeholder Impact

• Shareholders: The reduction in the CEO's direct shareholding might be noted, but the pre-planned nature of the sales under a 10b5-1 plan typically mitigates concerns about immediate negative implications for the company's prospects.

Next Steps

• The reporting person undertakes to provide full information regarding the number of shares sold at each separate price within the reported ranges upon request to Synaptics Incorporated, any security holder, or the SEC staff.

Key Dates

Recommendation

The filing details routine insider sales conducted under a pre-arranged 10b5-1 trading plan. Such transactions are generally not indicative of new material information or a change in the company's fundamental outlook. While a reduction in insider ownership is a data point, it does not, on its own, provide sufficient grounds for a strong buy or sell recommendation. Investors should consider this information in the broader context of Synaptics' financial performance, market conditions, and strategic initiatives. Therefore, a 'hold' recommendation is appropriate as this filing alone does not warrant a change in investment thesis.

Keywords

Synaptics, SYNA, Form 4, Insider Transaction, Stock Sale, Rahul G. Patel, 10b5-1 Plan, CEO