Form 4: Synaptics Executive Sells Shares Under 10b5-1 Plan

Synaptics' SVP, Chief Legal Officer, Lisa Bodensteiner, reported the sale of 336 shares and tax-related disposition of 781 shares.

Summary

• Lisa Bodensteiner, Senior Vice President, Chief Legal Officer, and Corporate Secretary of Synaptics Inc. (SYNA), reported two transactions involving the company's common stock.
• On December 17, 2025, 781 shares of common stock were disposed of at a price of $73.84 per share to satisfy tax withholding obligations associated with the settlement of restricted stock units.
• On December 18, 2025, 336 shares of common stock were sold at a price of $75.83 per share. This sale was executed pursuant to a pre-arranged 10b5-1 trading plan established on September 9, 2025.
• Following these transactions, Lisa Bodensteiner beneficially owns 74,425 shares of Synaptics common stock.

Sentiment

Score: 5

Explanation: Neutral. The transactions are routine insider sales, including tax-related dispositions and a sale under a pre-arranged 10b5-1 plan, which are generally not indicative of new positive or negative company developments.

Positives

• The sale of shares was conducted under a pre-arranged 10b5-1 trading plan, indicating a planned transaction rather than a reaction to new, undisclosed information.

Negatives

• Insider selling, even under a 10b5-1 plan, reduces the executive's direct equity stake in the company.

Future Outlook

NA

Industry Context

This filing is a routine disclosure of insider transactions and does not provide broader industry context or trends. It reflects an individual executive's equity management within Synaptics.

Related Party Transactions

• Lisa Bodensteiner, an executive of Synaptics, engaged in transactions involving the company's common stock, which are considered related party transactions due to her insider status.

Stakeholder Impact

• Shareholders: Minor reduction in executive's direct equity stake. The 10b5-1 plan suggests a pre-planned sale, reducing concerns about opportunistic selling.
• Employees: No direct impact on employees mentioned.
• Customers/Suppliers/Creditors: No direct impact on these stakeholders mentioned.

Key Dates

Recommendation

The filing details routine insider transactions, specifically tax-related dispositions and a sale under a pre-arranged 10b5-1 plan. These transactions are not indicative of new material information about the company's performance or outlook. Therefore, the filing itself does not provide a basis for changing an existing investment thesis, warranting a 'hold' recommendation based solely on this report.

Keywords

Synaptics, SYNA, Form 4, Insider Trading, Stock Sale, 10b5-1 Plan, Lisa Bodensteiner, Executive Compensation, Tax Withholding