Form 4: Synaptics Officer Sells Shares for Tax Obligations
Insider Transaction Report
Synaptics Senior VP Satish Ganesan disposed of 147 common shares to cover tax withholding obligations related to restricted stock unit settlement.
Summary
- Satish Ganesan, Senior Vice President, General Manager Edge Interface & Sensing Division, and Chief Strategy Officer of Synaptics Inc. (SYNA), disposed of 147 shares of common stock.
- The transaction occurred on March 17, 2026, at a price of $74.56 per share.
- These shares were withheld by Synaptics Inc. to satisfy tax withholding obligations associated with the settlement of restricted stock units.
- Following this transaction, Ganesan Satish beneficially owns 76,677 shares of Synaptics common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, representing a standard administrative transaction related to executive compensation rather than a strategic move or a reflection of company performance.
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 Edge Interface & Sensing Division, and Chief Strategy Officer.
Industry Context
StockSavvy.ai notes that routine insider transactions, such as share disposals for tax obligations, are common and typically do not reflect a change in company fundamentals or industry trends. This transaction is specific to an individual's compensation structure rather than a broader market or industry signal.
Comparison to Industry Standards
- Not applicable. This Form 4 details a routine insider transaction for tax purposes, which does not lend itself to comparison with industry-specific company or project results.
Stakeholder Impact
- Minimal direct impact on shareholders, employees, customers, suppliers, or creditors, as this is a routine administrative transaction for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/17/2026 | Date of transaction where shares were disposed of for tax withholding. |
| 03/18/2026 | Date the Form 4 was signed by Pamela Fields as attorney-in-fact for Satish Ganesan. |
Keywords
Synaptics, SYNA, Form 4, insider transaction, stock sale, tax withholding, restricted stock units, Satish Ganesan, officer transaction
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