Form 4: Synaptics Executive Lisa Bodensteiner Reports Stock Transaction
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
| Date | Description |
|---|---|
| 12/17/2024 | Date of the stock transaction. |
| 12/18/2024 | Date 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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