Form 4: Synaptics Executive Satish Ganesan Reports Acquisition and Disposal of Common Stock
SEC Form 4 Filing
Satish Ganesan, a Senior Vice President at Synaptics, reported acquiring 3,293 shares of common stock and disposing of 23,680 shares on March 17, 2024.
Summary
- On March 17, 2024, Satish Ganesan, a Senior Vice President at Synaptics Inc., reported a transaction involving the company's common stock.
- Ganesan acquired 3,293 shares of common stock.
- Simultaneously, Ganesan disposed of 23,680 shares of common stock.
- Following these transactions, Ganesan directly owns 23,680 shares of Synaptics common stock.
- The acquired shares were priced at $0.
- The restricted stock units vest over a three-year period, starting March 17, 2024, with one-third vesting on the first anniversary and the remaining units vesting quarterly until March 17, 2027.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 03/17/2024 | Date of earliest transaction: Acquisition and disposal of Synaptics common stock. |
| 03/17/2024 | Vesting commencement date for restricted stock units. |
| 03/17/2027 | Date when restricted stock units are fully vested. |
| 03/19/2024 | Date of signature for the Form 4 filing. |
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