Form 4: Synaptics Director Susan J. Hardman Reports Changes in Beneficial Ownership

Director Susan J. Hardman of Synaptics Inc. reports acquisition and disposal of common stock on November 1, 2024, according to a Form 4 filing with the SEC.

Summary

• On November 1, 2024, Susan J. Hardman, a director of Synaptics Inc., reported changes in her beneficial ownership of the company's common stock.
• She acquired 2,864 shares of common stock at a price of $0.
• Following the reported transactions, Hardman beneficially owns 11,298 shares of Synaptics Inc. common stock.
• The acquisition of shares was related to restricted stock units vesting quarterly until fully vested on 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: 7

Explanation: The sentiment is neutral to slightly positive as it reflects routine insider transactions related to compensation. The acquisition of shares at $0 is due to vesting of restricted stock units, which is a standard practice.

Positives

• The acquisition of shares indicates continued alignment of the director's interests with those of the shareholders.

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 for a Director not standing for re-election.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, ensuring fair market practices.

Stakeholder Impact

• The disclosure provides transparency to shareholders regarding the director's stake in the company.

Key Dates