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

Vikram Gupta, a Senior Vice President at Synaptics, sold 2,731 shares of common stock at $80 per share on September 27, 2024, under a pre-arranged 10b5-1 trading plan.

Summary

• On September 27, 2024, Vikram Gupta, a Senior Vice President at Synaptics Inc., sold 2,731 shares of the company's common stock.
• The sale was executed at a price of $80 per share.
• The transaction was conducted under a 10b5-1 trading plan established on March 14, 2024.
• Following the transaction, Gupta directly owns 43,245 shares of Synaptics common stock, which includes 187 shares acquired through the Employee Stock Purchase Plan on September 15, 2024.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to an executive's stock sale under a pre-arranged trading plan. It doesn't inherently indicate positive or negative sentiment.

Industry Context

Executive stock sales are a common occurrence and are often related to personal financial planning. The use of a 10b5-1 trading plan allows insiders to sell shares without being accused of acting on insider information.

Stakeholder Impact

• The stock sale by an executive could have a minor impact on shareholder sentiment, but the existence of a 10b5-1 plan mitigates concerns about insider trading.

Key Dates