SYNA.NASDAQSynaptics INC

Form 4: Synaptics Executive Satish Ganesan Reports Stock Transactions

Sentiment:

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

DateDescription
August 17, 2023Date of grant for performance stock units that vested.
February 17, 2025Date of stock acquisition and disposal.
February 19, 2025Date of signature on the Form 4 filing.

Keywords

Form 4, SEC, Synaptics, Stock Transaction, Beneficial Ownership, Ganesan, SYNA

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