Form 4: Synaptics Inc. Executive Vikram Gupta Sells Shares on March 1, 2024
SEC Form 4 Filing
Vikram Gupta, SVP & GM, IoT/Processors and Chief Product Officer of Synaptics Inc., sold 3,616 shares of common stock at an average price of $105.7454 on March 1, 2024.
Summary
- On March 1, 2024, Vikram Gupta, an executive at Synaptics Inc., sold 3,616 shares of the company's common stock.
- The sale was executed at a weighted average price of $105.7454 per share.
- The prices for individual transactions ranged from $105.63 to $105.81.
- Following the transaction, Gupta directly owns 31,847 shares of Synaptics Inc.
- The reporting person is SVP & GM, IoT/Processors and Chief Product Officer.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports a stock sale by an executive, which is a common occurrence. There's no indication of positive or negative implications for the company.
Industry Context
Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The sale of shares by an executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and the size of the sale.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of transaction: Vikram Gupta sold 3,616 shares of Synaptics Inc. common stock. |
| 03/04/2024 | Date of report: Form 4 filing date. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.