SYNA.NASDAQSynaptics INC

Form 4: Synaptics Executive Lisa Bodensteiner Reports Stock Transaction

Sentiment:

SEC Form 4 Filing


Lisa Bodensteiner, a Synaptics executive, disposed of 2,068 shares of common stock to cover tax obligations related to vesting restricted stock units.

Summary

  • Lisa Bodensteiner, a Senior Vice President, Chief Legal Officer, and Corporate Secretary at Synaptics Inc, reported a transaction involving the company's stock.
  • On December 17, 2024, Ms. Bodensteiner disposed of 2,068 shares of common stock.
  • The shares were disposed of at a price of $78.76 per share.
  • This transaction was to cover tax withholding obligations associated with the vesting of restricted stock units.
  • Following the transaction, Ms. Bodensteiner directly owns 33,382 shares of Synaptics common stock.

Sentiment

Score: 5

Explanation: The document is a routine filing of an executive stock transaction, which is neither positive nor negative for the company's overall performance.

Industry Context

This is a routine filing related to executive stock transactions and is common for publicly traded companies.

Comparison to Industry Standards

  • Executive stock transactions are a normal part of compensation for publicly traded companies.
  • The disposal of shares to cover tax obligations is a standard practice.
  • Similar filings are made by executives at comparable companies such as Texas Instruments, Qualcomm, and Broadcom.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it is a routine executive stock disposal.

Key Dates

DateDescription
12/17/2024Date of the stock transaction.
12/18/2024Date the Form 4 was signed.

Keywords

Synaptics, stock transaction, insider trading, Form 4, executive, stock disposal, tax withholding, restricted stock units

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