Form 4: Synaptics Director Nelson C. Chan Reports Acquisition of Shares

Director Nelson C. Chan reported acquiring 2,864 shares of Synaptics Inc. common stock on November 1, 2024.

Summary

• On November 1, 2024, Nelson C. Chan, 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, Chan directly owns 42,683 shares of Synaptics Inc.
• The shares were acquired as restricted stock units, with one-fourth vesting each quarter until fully vested on November 1, 2025, or the date of the Issuer's 2025 Annual Meeting of Stockholders if Chan is not standing for re-election.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of a director's stock acquisition. While insider buying can be seen as a positive signal, it's not necessarily indicative of significant positive or negative news.

Positives

• The director's acquisition of shares could be seen as a positive signal, indicating confidence in the company's future performance.

Future Outlook

The restricted stock units will continue to vest quarterly until November 1, 2025, or the date of the Issuer's 2025 Annual Meeting of Stockholders if Chan is not standing for re-election.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings for signals about management's confidence in the company's prospects.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment, as it indicates a director's investment in the company.

Key Dates