Form 4: Synaptics Executive Satish Ganesan Reports Stock Transactions
SEC Form 4 Filing
Satish Ganesan, a Synaptics executive, reported the acquisition and disposal of company stock on February 17, 2025, according to a Form 4 filing with the SEC.
Summary
- On February 17, 2025, Satish Ganesan, a Senior Vice President, General Manager Intelligent Sensing Division, and Chief Strategy Officer at Synaptics Inc., reported transactions involving Synaptics common stock.
- Ganesan acquired 67 shares of common stock at $0 related to the vesting of performance stock units granted on August 17, 2023.
- He also disposed of 1,053 shares of common stock at $72.07 to cover tax withholding obligations associated with the vesting of performance stock units and restricted stock units.
- Following these transactions, Ganesan directly owns 39,729 shares of Synaptics common stock.
Sentiment
Score: 5
Explanation: This is a neutral document detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure of stock transactions by a company insider, which is a common occurrence for publicly traded companies. It provides transparency into the actions of company executives regarding their holdings in the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in insider ownership.
- The tax withholding impacts the executive's personal finances.
Key Dates
| Date | Description |
|---|---|
| August 17, 2023 | Date of grant for performance stock units that vested. |
| February 17, 2025 | Date of stock acquisition and disposal. |
| February 19, 2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, SEC, Synaptics, Stock Transaction, Beneficial Ownership, Ganesan, SYNA
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