Form 4: Synaptics Insider Trades: Bodensteiner Sells Shares

Synaptics Inc. reports insider transactions as Lisa Bodensteiner, Senior Vice President, Chief Legal Officer and Corporate Secretary, sold shares of common stock.

Summary

• Lisa Bodensteiner, Senior Vice President, Chief Legal Officer and Corporate Secretary of Synaptics Inc. (SYNA), engaged in stock transactions on April 17 and April 20, 2026.
• On April 17, 2026, 4,210 shares of common stock were acquired and beneficially owned, with a transaction price of $80.22, resulting in a total of 66,981 shares owned.
• On April 20, 2026, two separate sales of common stock occurred: 1,200 shares were sold at a weighted average price of $81.38, and 598 shares were sold at a weighted average price of $82.85.
• These sales were conducted under a Rule 10b5-1 Trading Plan established on September 9, 2025.
• Following these transactions, Bodensteiner's beneficial ownership of Synaptics Inc. common stock decreased.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing. While it involves insider selling, the transactions were conducted under a pre-established 10b5-1 plan, which is a standard practice and mitigates concerns about trading on non-public information.

Negatives

• Insider selling activity, particularly by a senior officer, can sometimes be perceived negatively by the market, although this sale was conducted under a pre-arranged trading plan.

Risks

• The sales were executed under a 10b5-1 trading plan, which is designed to mitigate insider trading concerns, but the actual impact on share price is subject to market reaction.
• While not explicitly stated as a risk in this filing, significant insider selling could potentially signal a lack of confidence in future stock performance, though the 10b5-1 plan mitigates this interpretation.

Future Outlook

This filing does not contain forward-looking statements or guidance from management regarding future financial performance.

Management Comments

• The reporting person is Senior Vice President, Chief Legal Officer and Corporate Secretary.
• The shares were sold pursuant to a 10b5-1 Trading Plan dated September 9, 2025.
• The reported price is a weighted average for sales conducted in multiple transactions at various prices within specified ranges.

Industry Context

StockSavvy.ai notes that insider trading disclosures, especially those under Rule 10b5-1 plans, are routine for publicly traded companies like Synaptics Inc. These plans allow insiders to pre-arrange stock sales to avoid concerns about trading on material non-public information. The volume and timing of such sales can still be monitored by investors for insights into insider sentiment.

Stakeholder Impact

• Shareholders: May observe the insider selling, but the 10b5-1 plan context suggests it's a pre-arranged liquidity event rather than a signal of negative outlook.
• Employees: The transactions do not directly impact employee stock options or grants but reflect executive compensation and liquidity management.
• Management: Demonstrates adherence to regulatory requirements and established trading plans.

Next Steps

• Continued monitoring of insider transactions for any further changes in beneficial ownership.
• Observation of market reaction to these reported transactions, if any.

Key Dates

Keywords

Synaptics Inc, SYNA, Form 4, Insider Trading, Stock Sale, Lisa Bodensteiner, 10b5-1 Plan, Common Stock, Beneficial Ownership