Form 4: Synaptics Inc. Executive Gupta Vikram Sells 1,008 Shares
SEC Form 4 Filing
Senior Vice President of Synaptics Inc., Gupta Vikram, sold 1,008 shares of common stock at $80 per share on August 28, 2024, according to a Form 4 filing.
Summary
- On August 28, 2024, Gupta Vikram, a Senior Vice President at Synaptics Inc., sold 1,008 shares of the company's common stock.
- The sale was executed at a price of $80 per share.
- Following the transaction, Gupta Vikram directly owns 45,789 shares of Synaptics Inc.
- The sale was conducted under a pre-arranged 10b5-1 trading plan established on March 14, 2024.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to an executive stock sale under a pre-arranged trading plan, so it has a neutral sentiment.
Industry Context
Executive stock sales are a common occurrence and are often related to personal financial planning rather than a reflection of the company's prospects. However, large or frequent sales can sometimes be viewed negatively by investors.
Stakeholder Impact
- The sale of shares by an executive could have a minor impact on shareholder sentiment, depending on the context and volume of shares sold.
Key Dates
| Date | Description |
|---|---|
| 03/14/2024 | Date of the 10b5-1 Trading Plan |
| 08/28/2024 | Date of the stock sale transaction |
| 08/29/2024 | Date of the signature on the Form 4 filing |
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