Form 4: Synaptics Officer Gupta Sells Shares Under 10b5-1 Trading Plan

Vikram Gupta, a Synaptics officer, sold 257 shares of common stock at $86.15 per share on June 27, 2024, under a pre-arranged 10b5-1 trading plan.

Summary

• On June 27, 2024, Vikram Gupta, SVP & GM, IoT/Processors and Chief Product Officer at Synaptics Inc., sold 257 shares of common stock.
• The sale was executed at a price of $86.15 per share.
• The transaction was conducted under a 10b5-1 trading plan established on March 14, 2024.
• Following the transaction, Gupta directly owns 30,578 shares of Synaptics common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to an insider stock sale under a pre-arranged trading plan. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. Sales under 10b5-1 plans are generally viewed as less impactful since they are pre-arranged.

Stakeholder Impact

• The sale of shares by an officer could have a minor impact on shareholder sentiment, but the existence of a 10b5-1 trading plan mitigates concerns about opportunistic trading.

Key Dates