Form 4: Synaptics Executive Lisa Bodensteiner Reports Stock Transactions

Synaptics' Senior Vice President, Lisa Bodensteiner, reports the acquisition and disposal of company stock related to vesting performance stock units.

Summary

• Lisa Bodensteiner, a Senior Vice President at Synaptics, reported transactions involving the company's common stock.
• On November 17, 2024, Ms. Bodensteiner acquired 62 shares of common stock as part of vesting performance stock units.
• Also on November 17, 2024, 22 shares were disposed of to cover tax obligations related to the vesting of the performance stock units at a price of $74.64 per share.
• Following these transactions, Ms. Bodensteiner beneficially owns 35,450 shares of Synaptics common stock.

Sentiment

Score: 5

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

Industry Context

This is a routine filing related to executive compensation and is common for publicly traded companies. It provides transparency into the stock transactions of company insiders.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider transactions.
• The vesting of performance stock units and subsequent tax withholding are common forms of executive compensation across the technology sector.
• Companies like Broadcom, Qualcomm, and Marvell also regularly report similar transactions by their executives.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine executive compensation practices.
• The transactions do not have a direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Synaptics, stock transaction, insider trading, Form 4, performance stock units, vesting, tax withholding, equity compensation