SYNA.NASDAQSynaptics INC

Form 4: Synaptics VP and Corporate Controller Reports Routine Tax Withholding on Share Vesting

Sentiment:

Insider Transaction Report


Esther Song, Vice President and Corporate Controller of Synaptics Inc., reported the disposition of 84 common shares for tax withholding purposes related to restricted stock unit vesting.

Summary

  • Esther Song, Vice President and Corporate Controller of Synaptics Inc. (SYNA), reported a transaction on June 17, 2025.
  • The transaction involved the disposition of 84 shares of Synaptics common stock.
  • These shares were withheld by the company to cover 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, Esther Song beneficially owns 13,605 shares of Synaptics common stock directly.

Sentiment

Score: 5

Explanation: The transaction is a routine administrative event (tax withholding on RSU vesting) and does not indicate any strategic positive or negative sentiment regarding the company's performance or outlook.

Positives

  • The transaction is a routine administrative event related to the vesting of restricted stock units, indicating the continued compensation of a key executive.

Negatives

  • The disposition of shares, even for tax purposes, reduces the direct beneficial ownership of the reporting person by 84 shares.

Future Outlook

NA

Management Comments

  • "Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations associated with the vesting of restricted stock units."

Industry Context

This Form 4 filing is a routine disclosure of an insider transaction and does not provide broader industry context or trends. It reflects standard compensation practices within the technology sector, where restricted stock units are a common form of equity compensation for executives.

Stakeholder Impact

  • Shareholders: Minimal direct impact from a small, routine tax withholding transaction. It confirms standard executive compensation practices.
  • Employees: No direct impact on general employees.
  • Customers/Suppliers/Creditors: No direct impact.

Key Dates

DateDescription
06/17/2025Date of transaction for disposition of shares.
06/18/2025Date the Form 4 was signed by the reporting person's attorney-in-fact.

Keywords

Synaptics Inc., SYNA, Form 4, SEC filing, Insider transaction, Tax withholding, Restricted Stock Units, RSU vesting, Esther Song, Corporate Controller, Beneficial ownership

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