Form 4: SYNAPTICS Executive Sells Shares Under 10b5-1 Plan
Insider Transaction Report
SYNAPTICS Senior VP Lisa Bodensteiner reported the sale of company shares and shares withheld for tax obligations, reducing her direct beneficial ownership.
Summary
- Lisa Bodensteiner, Senior Vice President, Chief Legal Officer, and Corporate Secretary of SYNAPTICS Inc. (SYNA), reported transactions involving company common stock.
- On February 17, 2026, 1,542 shares of common stock were withheld by the Issuer at a price of $85.4 per share to satisfy tax withholding obligations associated with the settlement of restricted stock units and performance stock units.
- On February 18, 2026, 576 shares of common stock were sold at a price of $84.93 per share.
- The sale of shares on February 18, 2026, was executed pursuant to a Rule 10b5-1 trading plan established on September 9, 2025.
- Following these reported transactions, Lisa Bodensteiner directly beneficially owns 72,307 shares of SYNAPTICS common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, typical for executive compensation management through a pre-arranged 10b5-1 plan and tax obligations, and not indicative of a change in company fundamentals.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that insider transactions, particularly those executed under pre-arranged 10b5-1 trading plans, are common for executives managing their equity compensation and personal finances. These scheduled sales are generally less indicative of management's immediate sentiment about the company's future performance compared to unscheduled, discretionary sales.
Related Party Transactions
- Withholding of 1,542 shares by SYNAPTICS Inc. to satisfy tax obligations associated with the settlement of restricted and performance stock units for Lisa Bodensteiner.
Stakeholder Impact
- Shareholders: The sale of 576 shares and withholding of 1,542 shares represent a minor change in the total outstanding shares available on the market, with minimal impact on overall shareholder value or liquidity.
Key Dates
| Date | Description |
|---|---|
| September 9, 2025 | Date the 10b5-1 Trading Plan was established. |
| February 17, 2026 | Date shares were withheld for tax obligations related to stock unit settlement. |
| February 18, 2026 | Date shares were sold under the 10b5-1 plan. |
Recommendation
holdThis Form 4 reports routine insider transactions, including shares withheld for tax and a pre-scheduled sale under a 10b5-1 plan. Such transactions are common for executives managing their equity compensation and typically do not signal a change in the company's fundamental outlook, thus warranting a 'hold' recommendation based solely on this filing.
Keywords
SYNAPTICS, SYNA, Form 4, Insider Trading, Stock Sale, 10b5-1 Plan, Executive Compensation, Lisa Bodensteiner
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