Form 4: Synaptics Inc. Executive Vikram Gupta Sells Shares Under 10b5-1 Trading Plan

Vikram Gupta, a Senior Vice President at Synaptics Inc., sold 1,870 shares of common stock at $80 per share on August 23, 2024, under a pre-arranged 10b5-1 trading plan.

Summary

• On August 23, 2024, Vikram Gupta, a Senior Vice President at Synaptics Inc., sold 1,870 shares of Synaptics' common stock.
• The sale was executed at a price of $80 per share.
• The transaction was conducted under a 10b5-1 trading plan established on March 14, 2024.
• Following the transaction, Gupta directly owns 46,797 shares of Synaptics' common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. The sentiment is neutral as it simply reports the sale of shares by an executive.

Industry Context

Executive stock sales are a common occurrence and are often related to personal financial planning rather than company performance. The use of a 10b5-1 trading plan allows insiders to sell shares over a period of time without being accused of insider trading.

Stakeholder Impact

• The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to have a significant effect given the relatively small number of shares sold and the use of a pre-arranged trading plan.

Key Dates