Form 4: Synaptics Director Patricia Kummrow Reports Acquisition of Common Stock

Director Patricia Kummrow reported acquiring 2,864 shares of Synaptics Inc. common stock on November 1, 2024.

Summary

• Patricia Lorraine Kummrow, a director of Synaptics Inc. [SYNA], reported a transaction on November 1, 2024.
• Kummrow acquired 2,864 shares of common stock at a price of $0.
• Following the transaction, Kummrow beneficially owns 8,802 shares of Synaptics Inc. common stock.
• The acquisition was related to restricted stock units vesting 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 disclosure of stock acquisition due to vesting, which is neither particularly positive nor negative.

Positives

• A director increasing their stake in the company can be seen as a positive signal.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders (officers, directors, or those holding more than 10% of a company's shares) trade in their company's stock. These filings provide transparency into insider transactions and can be monitored for signals about management's view of the company's prospects.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment, as it signals confidence from a director.

Key Dates