Form 4: Synaptics Insider Sells Shares Under 10b5-1 Plan
Statement of Changes in Beneficial Ownership
Vikram Gupta, Synaptics Inc. Senior Vice President, sold 692 shares of common stock for $147.50 per share under a pre-arranged 10b5-1 trading plan.
Summary
- Vikram Gupta, Senior Vice President & General Manager, Edge Compute & Connectivity Division, and Chief Product Officer at Synaptics Inc. (SYNA), reported a transaction on May 26, 2026.
- Gupta sold 692 shares of common stock.
- The sale was executed at a price of $147.50 per share.
- This transaction was made pursuant to a Rule 10b5-1 trading plan established on March 14, 2024, which is designed to satisfy affirmative defense conditions for insider trading.
- Following the transaction, Gupta beneficially owns 83,434 shares of common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing. While insider selling can be a negative signal, the transaction was conducted under a pre-arranged 10b5-1 plan, mitigating concerns about opportunistic trading.
Negatives
- Insider selling can sometimes be interpreted negatively by the market, although this sale was conducted under a pre-established 10b5-1 plan.
Risks
- The sale was conducted under a 10b5-1 plan, which is a standard mechanism for insiders to sell shares without violating insider trading rules, but the act of selling itself could be perceived as a negative signal by some investors.
Future Outlook
No specific future outlook or guidance is provided in this Form 4 filing, as it solely reports a past transaction.
Management Comments
- The shares were sold pursuant to a 10b5-1 Trading Plan dated March 14, 2024.
Industry Context
StockSavvy.ai notes that Form 4 filings reporting sales under 10b5-1 plans are common for executives seeking to diversify holdings or manage personal finances. The price of $147.50 per share for Synaptics (SYNA) reflects current market valuations for semiconductor and connectivity solutions providers.
Stakeholder Impact
- Shareholders: The sale, though under a 10b5-1 plan, might lead to minor short-term market perception shifts. The continued beneficial ownership of 83,434 shares by Mr. Gupta suggests ongoing commitment.
- Employees: No direct impact is indicated.
- Customers/Suppliers/Creditors: No direct impact is indicated.
Key Dates
| Date | Description |
|---|---|
| 03/14/2024 | Date of the 10b5-1 Trading Plan established by Vikram Gupta. |
| 05/26/2026 | Date of the reported stock sale transaction. |
| 05/27/2026 | Date the Form 4 was signed by the reporting person's attorney-in-fact. |
Keywords
Synaptics Inc, SYNA, Form 4, Insider Trading, 10b5-1 Plan, Stock Sale, Vikram Gupta, Securities and Exchange Commission
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