Form 4: SYNAPTICS Director Hardman Receives RSU Grant

SYNAPTICS Director Susan Hardman was granted 3,036 restricted stock units, increasing her beneficial ownership to 14,334 shares.

Summary

• Susan Hardman, a Director of SYNAPTICS Inc (SYNA), acquired 3,036 shares of Common Stock.
• The transaction date for this acquisition is November 3, 2025.
• The shares were acquired at a price of $0, typical for restricted stock unit (RSU) grants.
• Following this transaction, Susan Hardman beneficially owns a total of 14,334 shares.
• The acquisition was made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
• One-fourth of the total restricted stock units will vest each quarter until fully vested on November 3, 2026, or the date of the Issuer's 2026 Annual Meeting of Stockholders if the Director is not standing for re-election.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as a director increasing their beneficial ownership through an RSU grant generally signals confidence and aligns interests with shareholders. This is a routine compensation event.

Positives

• The grant of restricted stock units to a director aligns management's interests with those of shareholders, as the value of the compensation is tied to the company's stock performance.
• The increase in beneficial ownership by a director demonstrates continued commitment to the company.

Future Outlook

The restricted stock units are scheduled to vest quarterly, with full vesting expected by November 3, 2026, or earlier if the Director does not stand for re-election at the 2026 Annual Meeting of Stockholders. This indicates a future commitment and retention mechanism for the director.

Industry Context

The grant of restricted stock units to a director is a standard practice in the technology and broader corporate sectors for executive and director compensation. It is a common method to incentivize long-term performance and align the interests of board members with shareholders, reflecting typical corporate governance and compensation strategies.

Comparison to Industry Standards

• The use of restricted stock units (RSUs) as a component of director compensation is a widely adopted practice across various industries, including technology, aligning with compensation structures seen at companies like Apple, Microsoft, and Intel, which frequently use equity awards to incentivize and retain key personnel.
• The vesting schedule, with quarterly vesting over approximately one year, is a common approach for director equity grants, similar to practices observed in peer companies to ensure ongoing commitment and performance.

Stakeholder Impact

• Shareholders: The grant aligns the director's financial interests with shareholder value creation, as the value of the RSUs is tied to the company's stock price performance.
• Director: Provides a long-term incentive and compensation component, fostering continued engagement with the company's strategic objectives.

Next Steps

• The restricted stock units will vest in quarterly increments until fully vested on November 3, 2026, or the date of the Issuer's 2026 Annual Meeting of Stockholders.

Key Dates

Keywords

SYNAPTICS, SYNA, Form 4, Insider Transaction, Restricted Stock Units, RSU Grant, Director Compensation, Equity Award, Beneficial Ownership, 10b5-1 Plan