Form 4: Synaptics Inc. Executive Lisa Bodensteiner Reports Changes in Beneficial Ownership

Lisa Bodensteiner, a Senior Vice President at Synaptics Inc., reported the acquisition and disposal of common stock and vesting of stock units.

Summary

• On August 17, 2024, Lisa Bodensteiner, Senior Vice President, Chief Legal Officer and Corporate Secretary of Synaptics Inc., reported changes in her beneficial ownership of the company's common stock.
• She acquired 15,927 shares of common stock and 3,222 shares related to vesting of performance and market stock units at a price of $0.00.
• Additionally, 1,148 shares were withheld by Synaptics to cover tax obligations at a price of $76.38.
• Following these transactions, Bodensteiner directly owns 35,410 shares of Synaptics common stock.
• She also holds restricted stock units that vest in installments until August 17, 2027.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing reflects routine transactions related to executive compensation and vesting schedules.

Positives

• The vesting of stock units and acquisition of shares indicates confidence in the company's performance.

Negatives

• The withholding of shares for tax obligations reduces the net increase in shares held by the reporting person.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors to gauge sentiment and potential future performance.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.

Key Dates