Form 4: Synaptics Officer Sells Shares for Tax Obligations

Synaptics Senior VP Satish Ganesan disposed of 2,298 common shares to cover tax withholding obligations related to equity awards.

Summary

• Satish Ganesan, Senior Vice President, General Manager Intelligent Sensing Division, and Chief Strategy Officer of Synaptics Inc., reported a transaction on November 17, 2025.
• The transaction involved the disposition of 2,298 shares of Synaptics Common Stock.
• These shares were withheld by the company to satisfy tax withholding obligations arising from the settlement of restricted stock units and performance stock units.
• The price per share for the disposition was $61.89.
• Following this transaction, Ganesan beneficially owns 97,636 shares of Common Stock directly.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction for tax withholding purposes, which is a neutral event with no significant positive or negative implications for the company's operations or financial health.

Positives

• The transaction is a routine tax withholding event, indicating the vesting and settlement of equity awards for a key executive.

Negatives

• No specific negative aspects are identified as this is a standard tax-related disposition.

Risks

• No specific risks are mentioned in this Form 4 filing.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4 filing.

Management Comments

• The reporting person is Senior Vice President, General Manager Intelligent Sensing Division, and Chief Strategy Officer.

Industry Context

This Form 4 filing details a routine insider transaction for tax purposes and does not provide broader industry context or trends.

Comparison to Industry Standards

• Not applicable. This filing reports a standard insider transaction for tax withholding, which is a common practice across all industries for executives receiving equity compensation.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine tax-related disposition of a small number of shares relative to the company's total outstanding shares. It indicates the vesting of executive compensation.
• Employees: No direct impact mentioned.
• Customers/Suppliers/Creditors: No direct impact mentioned.

Next Steps

• No specific future actions, events, or milestones are mentioned in this Form 4 filing.

Key Dates

Recommendation

This Form 4 filing details a routine insider transaction for tax withholding purposes, which is a common and expected event when executive equity awards vest. It does not provide any new information that would fundamentally alter the investment thesis for Synaptics Inc., hence a 'hold' recommendation is appropriate based solely on this filing.

Keywords

Synaptics, SYNA, Form 4, Insider Transaction, Stock Sale, Tax Withholding, Equity Awards, Satish Ganesan, Officer Transaction