Form 4: SYNAPTICS CFO Ken Rizvi's Routine Stock Disposition

SYNAPTICS Inc. CFO Ken Rizvi disposed of 2,853 shares of common stock to cover tax withholding obligations related to restricted stock unit settlement.

Summary

• Ken Rizvi, Senior Vice President and Chief Financial Officer of SYNAPTICS Inc., disposed of 2,853 shares of common stock.
• The transaction occurred on February 23, 2026, at a price of $84.28 per share.
• This disposition was made to satisfy tax withholding obligations associated with the settlement of restricted stock units.
• Following this transaction, Rizvi beneficially owns 117,879 shares of SYNAPTICS common stock.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, typical for executive compensation and tax management, with no direct positive or negative implications for the company's operational or financial performance.

Positives

• The transaction is a routine tax withholding, indicating the settlement of restricted stock units, which often implies vesting of equity compensation.
• The transaction was executed under a Rule 10b5-1(c) plan, suggesting a pre-planned and automated disposition, reducing concerns about opportunistic selling.

Negatives

• No direct negatives are identified as this is a routine tax-related disposition of shares.

Risks

• No specific risks are mentioned in this Form 4 filing.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4 filing.

Management Comments

• The reporting person is Senior Vice President and Chief Financial Officer.
• Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations associated with the settlement of restricted stock units.

Industry Context

StockSavvy.ai notes that routine insider transactions, such as tax-related dispositions of shares from equity compensation, are common across the technology sector. These transactions typically do not signal a change in management's outlook on the company's prospects but rather reflect standard compensation and tax planning practices.

Comparison to Industry Standards

• This type of transaction, involving the disposition of shares to cover tax obligations upon the vesting of restricted stock units, is a standard practice for executives receiving equity compensation across publicly traded companies, particularly in the tech industry.
• It aligns with common compensation structures seen at companies like Broadcom, Qualcomm, and NVIDIA, where executives frequently manage their equity awards through pre-arranged plans.

Management Changes

Corporate Governance

Legal Proceedings

• No legal proceedings or regulatory matters are mentioned in this filing.

Related Party Transactions

• The transaction involves the disposition of shares to the issuer for tax purposes, which is a standard part of an executive's compensation package and not typically considered an unusual related-party transaction.

Stakeholder Impact

• Shareholders: Minimal direct impact as it's a routine, non-discretionary transaction. The slight reduction in outstanding shares held by an insider is offset by the routine nature of the event.
• Employees: No direct impact on employees.
• Customers/Suppliers/Creditors: No direct impact.

Next Steps

• No specific future actions or milestones are mentioned in this Form 4 filing beyond the reported transaction.

Key Dates

Keywords

SYNAPTICS, SYNA, Ken Rizvi, CFO, Form 4, Insider Transaction, Stock Disposition, Tax Withholding, Restricted Stock Units, Equity Compensation, 10b5-1 plan