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

A Synaptics executive, Vikram Gupta, sold 411 shares of common stock at $80 per share under a pre-arranged 10b5-1 trading plan.

Summary

• Vikram Gupta, a Senior Vice President & General Manager and Chief Product Officer at Synaptics, sold 411 shares of common stock.
• The sale occurred on November 25, 2024, at a price of $80 per share.
• The transaction was executed under a 10b5-1 trading plan established on March 14, 2024.
• Following the transaction, Mr. Gupta directly owns 41,618 shares of Synaptics common stock.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing related to an executive's stock sale under a pre-arranged plan, indicating a neutral sentiment.

Industry Context

This is a routine filing related to insider trading activity and is common for executives who have pre-arranged trading plans.

Comparison to Industry Standards

• 10b5-1 trading plans are a common practice among executives at publicly traded companies to avoid accusations of insider trading.
• The sale of 411 shares is a relatively small transaction compared to the total number of shares outstanding for Synaptics and is unlikely to have a significant impact on the stock price.
• Other technology companies such as Apple, Qualcomm, and Broadcom also have executives who use 10b5-1 plans for stock transactions.

Stakeholder Impact

• The stock sale is unlikely to have a significant impact on shareholders due to the small number of shares involved.

Key Dates

Keywords

Synaptics, insider trading, stock sale, 10b5-1 plan, executive, SYNA, share sale