Form 4: Synaptics Director Jeffrey Buchanan Reports Acquisition of Common Stock
SEC Form 4 Filing
Director Jeffrey Buchanan reported acquiring 2,864 shares of Synaptics Inc. common stock on November 1, 2024.
Summary
- On November 1, 2024, Jeffrey D Buchanan, a director of Synaptics Inc., acquired 2,864 shares of common stock.
- The acquisition was made at a price of $0 per share.
- Following the transaction, Buchanan directly owns 18,621 shares of Synaptics Inc. common stock.
- The acquired securities are restricted stock units that vest quarterly until November 1, 2025, or the date of the Issuer's 2025 Annual Meeting of Stockholders for a Director not standing for re-election.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine filing related to stock acquisition by a director, which is neither overwhelmingly positive nor negative.
Positives
- A director increasing their holdings could be seen as a positive signal about their confidence in the company's future.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and actions regarding their company's stock.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 11/01/2024 | Date of transaction: Acquisition of common stock. |
| 11/01/2025 | Date when restricted stock units are fully vested, or the date of the Issuer's 2025 Annual Meeting of Stockholders for a Director not standing for re-election. |
| 11/04/2024 | Date of signature on the Form 4 filing. |
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