Form 4: Synaptics Inc. Executive Acquires Shares and Restricted Stock Units

Esther Song, Vice President and Corporate Controller of Synaptics Inc., reports acquisition of common stock and restricted stock units.

Summary

• On September 17, 2024, Esther Song, Vice President and Corporate Controller of Synaptics Inc., acquired 1,834 shares of common stock.
• These shares were acquired at a price of $0.
• Song also received restricted stock units that will vest over a three-year period, starting September 17, 2024, and fully vesting on September 17, 2027.
• Following the reported transaction, Song beneficially owns 14,409 shares of Synaptics Inc.
• This includes 189 shares acquired under the Issuer's Employee Stock Purchase Plan on September 15, 2024.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. It reflects routine executive compensation and stock ownership changes, which are generally viewed as a sign of confidence, but not a major event.

Positives

• The acquisition of shares by an executive could be seen as a positive signal, indicating confidence in the company's future prospects.

Future Outlook

The restricted stock units will vest over time, incentivizing the executive to remain with the company and contribute to its success.

Industry Context

Executive stock ownership is a common practice in the tech industry to align management's interests with those of shareholders.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment, as it signals confidence from a company executive.

Key Dates