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

Synaptics Senior Vice President Vikram Gupta sold 411 shares of common stock at $81.63 per share on December 4, 2024, under a pre-arranged 10b5-1 trading plan.

Summary

• Vikram Gupta, a Senior Vice President at Synaptics, sold 411 shares of the company's common stock on December 4, 2024.
• The sale was executed at a price of $81.63 per share.
• This transaction was conducted under a pre-established 10b5-1 trading plan, which was set up on March 14, 2024.
• Following the sale, Mr. Gupta still directly owns 40,795 shares of Synaptics common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing about an executive stock sale under a pre-arranged plan, which is neither positive nor negative.

Industry Context

This is a routine filing related to insider trading activity. It is common for executives to use 10b5-1 plans to manage their stock sales and avoid accusations of trading on inside information.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
• The use of a 10b5-1 trading plan is a common method for executives to sell shares without raising concerns about insider trading, and is used by executives at many companies such as Apple, Microsoft and Google.

Stakeholder Impact

• The sale of shares by an executive may have a minor impact on investor sentiment, but the use of a 10b5-1 plan mitigates concerns about insider trading.

Key Dates

Keywords

Synaptics, insider trading, Form 4, stock sale, 10b5-1 plan, Vikram Gupta, executive transaction