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

Vikram Gupta, SVP & GM, IoT/Processors and Chief Product Officer at Synaptics Inc, sold 259 shares of common stock at $90 per share on June 20, 2024, under a pre-arranged 10b5-1 trading plan.

Summary

• On June 20, 2024, Vikram Gupta, an officer at Synaptics Inc, sold 259 shares of common stock.
• The sale was executed at a price of $90 per share.
• The transaction was conducted under a 10b5-1 trading plan established on March 14, 2024.
• Following the transaction, Gupta directly owns 30,835 shares of Synaptics Inc.
• Gupta's official title is SVP & GM, IoT/Processors and Chief Product Officer.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing regarding an officer's stock sale under a pre-arranged trading plan. It doesn't inherently indicate positive or negative sentiment.

Industry Context

Sales by company officers are a normal part of corporate governance. The use of a 10b5-1 trading plan suggests the sale was pre-planned and not based on any inside information.

Stakeholder Impact

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

Key Dates