Form 4: Synaptics Executive Esther Song Reports Stock Transactions

Synaptics Vice President and Corporate Controller, Esther Song, reports the acquisition of 13 shares and the disposal of 165 shares of common stock on November 17, 2024.

Summary

• Esther Song, a Vice President and Corporate Controller at Synaptics, reported transactions involving the company's common stock.
• On November 17, 2024, Ms. Song acquired 13 shares of common stock at a price of $0, related to the vesting of performance stock units.
• On the same day, 165 shares were disposed of at a price of $74.64 per share to cover tax obligations associated with the vesting of performance stock units and restricted stock units.
• Following these transactions, Ms. Song's direct holdings of Synaptics common stock decreased from 14,422 to 14,257 shares.

Sentiment

Score: 5

Explanation: The document reflects routine stock transactions by an executive, which is neither positive nor negative for the company's overall outlook. It is a neutral event.

Positives

• The acquisition of shares indicates the vesting of performance stock units, which can be seen as a positive incentive for the executive.

Negatives

• The disposal of shares to cover tax obligations, while standard, reduces the executive's direct holdings in the company.

Risks

• There are no specific risks highlighted in this document, as it primarily details routine stock transactions by an executive.

Management Comments

• The reporting person is Vice President and Corporate Controller.

Industry Context

This is a standard SEC Form 4 filing, which is common for publicly traded companies and their executives. It provides transparency into the stock transactions of company insiders.

Comparison to Industry Standards

• Form 4 filings are a standard practice for all publicly traded companies in the US, as mandated by the SEC.
• The transactions reported are typical for executives who receive stock-based compensation, such as performance stock units and restricted stock units.
• The tax withholding process is also a standard practice in the industry.

Stakeholder Impact

• The transactions have a minimal impact on stakeholders, as they are routine and do not indicate any significant change in the company's financial health or operations.

Key Dates

Keywords

Synaptics, stock transactions, Form 4, insider trading, Esther Song, performance stock units, tax withholding