Form 4: Synaptics Senior VP Disposes Shares for Routine Tax Withholding
Insider Transaction Report
Synaptics Inc. Senior Vice President Ganesan Satish reported the disposition of 98 common shares to cover tax obligations related to the vesting of restricted stock units.
Summary
- Ganesan Satish, Senior Vice President, General Manager Intelligent Sensing Division, and Chief Strategy Officer of Synaptics Inc. (SYNA), reported a transaction on June 17, 2025.
- The transaction involved the disposition of 98 shares of Synaptics common stock to the issuer.
- This disposition was made to satisfy tax withholding obligations associated with the vesting of restricted stock units.
- The shares were disposed of at a price of $62.97 per share.
- Following this transaction, Ganesan Satish beneficially owns 60,000 shares of Synaptics common stock directly.
Sentiment
Score: 5
Explanation: The transaction is a routine, non-discretionary disposition of shares for tax withholding purposes upon RSU vesting, which is a common and expected event for executive compensation and carries a neutral sentiment.
Future Outlook
NA
Industry Context
This Form 4 filing details a routine insider transaction related to executive compensation and tax obligations, which is specific to Synaptics Inc. and does not reflect broader industry trends.
Related Party Transactions
- Disposition of 98 common shares to Synaptics Inc. to satisfy tax withholding obligations related to the vesting of restricted stock units, a standard administrative transaction between an executive and the issuer.
Stakeholder Impact
- The transaction is a routine administrative event with no material impact on shareholders, employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 06/17/2025 | Date of transaction (disposition of shares for tax withholding). |
| 06/18/2025 | Date the Form 4 was filed with the SEC. |
Keywords
Synaptics, SYNA, Form 4, Insider Transaction, Stock Disposition, Tax Withholding, Restricted Stock Units, RSU, Ganesan Satish
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