Form 4: Synaptics Inc. Officer Gupta Vikram Sells 258 Shares
SEC Form 4 Filing
Gupta Vikram, SVP & GM, IoT/Processors and Chief Product Officer at Synaptics Inc., sold 258 shares of common stock at $95.1 on June 13, 2024, according to a Form 4 filing with the SEC.
Summary
- On June 13, 2024, Gupta Vikram, an officer at Synaptics Inc., sold 258 shares of common stock.
- The sale price was $95.1 per share.
- Following the transaction, Gupta Vikram directly owns 31,094 shares of Synaptics Inc.
- The sale was executed under a pre-arranged 10b5-1 trading plan established on March 14, 2024.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to an insider stock sale. It doesn't inherently convey positive or negative sentiment, as it's a routine disclosure.
Industry Context
This is a routine disclosure of an insider transaction. It is common for executives to use 10b5-1 trading plans to sell shares over time to avoid accusations of trading on inside information.
Stakeholder Impact
- The sale of shares by an officer could have a minor impact on shareholder sentiment, but is unlikely to be significant given the relatively small number of shares sold and the existence of a pre-arranged trading plan.
Key Dates
| Date | Description |
|---|---|
| March 14, 2024 | Date of the 10b5-1 Trading Plan |
| June 13, 2024 | Date of the stock sale transaction |
| June 14, 2024 | Date of the signature on the Form 4 filing |
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