Form 4: Synaptics Officer Sells Shares Under 10b5-1 Plan
Insider Transaction Report
Vikram Gupta, a Senior VP at Synaptics, reported the sale of 772 shares under a pre-arranged 10b5-1 trading plan and the withholding of 2,542 shares for tax obligations.
Summary
- Vikram Gupta, Senior Vice President & General Manager, Edge Compute & Connectivity Division, and Chief Product Officer at Synaptics Inc. (SYNA), reported two transactions.
- On February 17, 2026, 2,542 shares of common stock were withheld by the issuer at a price of $85.4 per share to cover tax obligations related to the settlement of restricted and performance stock units.
- On February 18, 2026, 772 shares of common stock were sold at a price of $85 per share.
- This sale was executed pursuant to a Rule 10b5-1 trading plan established on March 14, 2024.
- Following these transactions, Vikram Gupta directly beneficially owns 96,768 shares of Synaptics common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event. The transactions are routine for executive compensation and personal financial planning, particularly given the 10b5-1 plan and tax withholding.
Positives
- The sale of 772 shares was conducted under a pre-arranged 10b5-1 trading plan, indicating a planned, non-discretionary transaction rather than an immediate reaction to market conditions.
Negatives
- The reporting person disposed of a total of 3,314 shares (2,542 for tax and 772 via sale), reducing their direct beneficial ownership.
Future Outlook
No forward-looking statements or guidance are provided in this Form 4 filing.
Industry Context
StockSavvy.ai notes that insider transactions, particularly those executed under pre-arranged 10b5-1 plans, are common occurrences for executives managing their equity compensation and personal finances. These transactions typically do not reflect a change in the company's fundamental outlook or the executive's confidence in the company, especially when the volume is relatively small compared to total holdings.
Comparison to Industry Standards
- Not applicable. This Form 4 filing details individual insider transactions, which are not typically compared to broader industry benchmarks or specific competitor projects. The transactions are standard for executive compensation management.
Related Party Transactions
- The transactions involve the reporting person and the issuer, which are standard for executive compensation and share sales. No other related party dealings are disclosed.
Stakeholder Impact
- Shareholders: Minimal direct impact, as the transactions are routine and relatively small compared to the company's overall market capitalization and the executive's total holdings.
- Employees, Customers, Suppliers, Creditors: No discernible direct impact from these specific transactions.
Key Dates
| Date | Description |
|---|---|
| 2024-03-14 | Date of the 10b5-1 Trading Plan establishment. |
| 2026-02-17 | Date shares were withheld for tax obligations related to RSU/PSU settlement. |
| 2026-02-18 | Date shares were sold under the 10b5-1 trading plan. |
Recommendation
holdThe reported transactions are routine insider sales and tax withholdings, executed under a pre-established 10b5-1 plan. They do not indicate any new fundamental information about Synaptics Inc. or a change in the executive's long-term outlook for the company. Therefore, a seasoned investor would likely maintain their current position based solely on this filing.
Keywords
Synaptics Inc., SYNA, Vikram Gupta, Form 4, Insider Trading, Stock Sale, 10b5-1 Plan, Restricted Stock Units, Performance Stock Units, Tax Withholding, Edge Compute, Connectivity Division, Chief Product Officer
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