Form 4: SYNAPTICS Executive Sells Shares for Tax Obligations
Insider Transaction
A Synaptics executive disposed of 2,381 shares of common stock to cover tax withholding obligations related to equity awards.
Summary
- Satish Ganesan, Senior Vice President, General Manager Edge Interface & Sensing Division, and Chief Strategy Officer of Synaptics Inc. (SYNA), reported a transaction.
- On February 17, 2026, Ganesan disposed of 2,381 shares of common stock.
- The shares were withheld by Synaptics Inc. to satisfy tax withholding obligations associated with the settlement of restricted stock units and performance stock units.
- The transaction price per share was $85.4.
- Following this transaction, Ganesan beneficially owns 76,824 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as the disposal of shares is a routine transaction to cover tax obligations associated with equity compensation, not an open-market sale indicating a change in sentiment.
Industry Context
StockSavvy.ai notes that insider transactions, particularly those related to tax withholdings on equity awards, are common and generally do not reflect a change in management's outlook on the company's performance or broader industry trends.
Stakeholder Impact
- Shareholders: Minimal impact as this is a routine tax-related transaction by an insider, not indicative of a change in company fundamentals or management's confidence.
Key Dates
| Date | Description |
|---|---|
| 02/17/2026 | Date of transaction where shares were disposed of for tax withholding. |
| 02/18/2026 | Date the Form 4 was signed by Pamela Fields, as attorney-in-fact for Satish Ganesan. |
Keywords
Synaptics, SYNA, Insider Transaction, Form 4, Stock Sale, Tax Withholding, Equity Awards, Restricted Stock Units, Performance Stock Units
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