Form 4: Synchronoss Technologies EVP Christina Gabrys Sells Shares to Cover Tax Obligations

Christina Gabrys, EVP and Chief Legal Officer of Synchronoss Technologies, sold 882 shares of common stock on April 28, 2025, at a price of $10.68 per share to cover tax obligations related to vesting shares.

Summary

• On April 28, 2025, Christina Gabrys, the EVP and Chief Legal Officer of Synchronoss Technologies, sold 882 shares of common stock.
• The sale was executed at a price of $10.68 per share.
• The transaction was conducted to cover tax obligations associated with the vesting of restricted stock.
• Following the transaction, Gabrys directly owns 74,246 shares of Synchronoss Technologies.
• The sale was executed under an approved Rule 10b5-1 trading plan.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a routine transaction to cover tax obligations; no indication of positive or negative outlook.

Industry Context

This is a routine Form 4 filing, indicating an insider transaction. It's common for executives to sell shares to cover tax obligations related to vesting equity.

Stakeholder Impact

• The sale is unlikely to have a significant impact on stakeholders as it is a small transaction by an individual officer to cover tax obligations.

Key Dates

Keywords

Synchronoss Technologies, SNCR, Christina Gabrys, stock sale, Form 4, insider trading, Rule 10b5-1, tax obligations, vesting shares