Form 4: Synaptics Executive Satish Ganesan Reports Stock Transactions
SEC Form 4 Filing
Satish Ganesan, a Senior Vice President at Synaptics, reports the acquisition and disposal of company stock to cover tax obligations related to vesting performance stock units.
Summary
- On May 17, 2025, Satish Ganesan, a Senior Vice President 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 965 shares at $65.25 to satisfy tax withholding obligations associated with vesting performance stock units and restricted stock units.
- Following these transactions, Ganesan beneficially owns 60,098 shares of Synaptics common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting standard stock transactions related to executive compensation. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| April 29, 2025 | Date of Limited Power of Attorney execution. |
| August 17, 2023 | Date of grant for performance stock units that vested. |
| May 17, 2025 | Date of stock acquisition and disposal. |
| May 20, 2025 | Date of signature for the Form 4 filing. |
Keywords
Synaptics, Satish Ganesan, stock transaction, Form 4, performance stock units, tax withholding, beneficial ownership, SYNA
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