Form 4: Synaptics Inc. Executive Satish Ganesan Reports Stock Transactions
SEC Form 4 Filing
Satish Ganesan, a Senior Vice President at Synaptics Inc., reports the acquisition and disposal of common stock related to vesting performance stock units and tax obligations.
Summary
- On May 17, 2024, Satish Ganesan, a Senior Vice President at Synaptics Inc., reported transactions involving the company's common stock.
- Ganesan acquired 642 shares of common stock at $0 related to the vesting of performance stock units granted on August 17, 2021.
- He also disposed of 1,025 shares at $94.48 to cover tax withholding obligations associated with vesting performance stock units and restricted stock units.
- Following these transactions, Ganesan directly owns 23,297 shares of Synaptics Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in the technology industry where stock-based compensation is prevalent.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation adjustments.
Key Dates
| Date | Description |
|---|---|
| 08/17/2021 | Date of grant for performance stock units that vested. |
| 05/17/2024 | Date of stock acquisition and disposal transactions. |
| 05/21/2024 | Date of signature for the Form 4 filing. |
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