Form 4: Rendino Kevin reports disposition transactions in SNCR

Rhea-AI Filing Summary

Rendino Kevin reported disposition transactions in a Form 4 filing for SNCR. The filing lists transactions totaling 52,768 shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Rendino Kevin

Role Director

Type	Security	Shares	Price	Value
Disposition	Common Stock	52,768	$0.00	--

Holdings After Transaction: Common Stock — 0 shares (Direct)

Footnotes (1)

1. As previously reported by the Reporting Person, pursuant to an assignment and assumption agreement between the Reporting Person and Mount Logan Capital Inc. ("Mount Logan"), the Reporting Person has assigned all economic and beneficial interest in 24,000 of the shares held by the Reporting Person to Mount Logan. Pursuant to the Merger Agreement, each vested stock option was cancelled and automatically converted into the right to receive an amount in cash determined by multiplying (x) the excess, if any, of the Merger Consideration over the applicable exercise price of such option by (y) the number of vested shares subject to such option (the "Option Payment"), less all applicable deductions and withholdings required by law to be withheld in respect of such payment; provided, however, that the Option Payment for each option with an exercise price equal to or greater than $9.00 was $0 and such option was cancelled for no consideration.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

X

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Rendino Kevin

(Last) (First) (Middle)

200 CROSSING BOULEVARD

8TH FLOOR

(Street)

BRIDGEWATER NJ 08807

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SYNCHRONOSS TECHNOLOGIES INC [ SNCR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/13/2026		D		52,768(1)	D	(2)	0	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. As previously reported by the Reporting Person, pursuant to an assignment and assumption agreement between the Reporting Person and Mount Logan Capital Inc. ("Mount Logan"), the Reporting Person has assigned all economic and beneficial interest in 24,000 of the shares held by the Reporting Person to Mount Logan.

2. Pursuant to the Merger Agreement, each vested stock option was cancelled and automatically converted into the right to receive an amount in cash determined by multiplying (x) the excess, if any, of the Merger Consideration over the applicable exercise price of such option by (y) the number of vested shares subject to such option (the "Option Payment"), less all applicable deductions and withholdings required by law to be withheld in respect of such payment; provided, however, that the Option Payment for each option with an exercise price equal to or greater than $9.00 was $0 and such option was cancelled for no consideration.

Remarks:

	/s/ Kevin Rendino	02/13/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did SNCR director Kevin Rendino report on this Form 4?

Kevin Rendino reported a disposition of Synchronoss Technologies common stock to the issuer. On February 13, 2026, he disposed of 52,768 shares at a reported price of $0.00 per share, leaving him with zero directly owned shares afterward.

How many SNCR shares did Kevin Rendino own after the reported Form 4 transaction?

After the reported transaction, Kevin Rendino beneficially owned zero shares of Synchronoss common stock directly. The Form 4 shows 52,768 shares disposed of to the issuer on February 13, 2026, with the post-transaction direct ownership listed as 0 shares.

What does the Form 4 say about Mount Logan Capital Inc. and SNCR shares?

The Form 4 notes that Kevin Rendino previously assigned all economic and beneficial interest in 24,000 shares he held to Mount Logan Capital Inc. This was done under an assignment and assumption agreement between Rendino and Mount Logan, affecting those specific shares’ economic interest.

How were vested stock options in Synchronoss treated under the Merger Agreement?

The Merger Agreement provided that each vested stock option was cancelled and automatically converted into a cash right. This cash amount equaled any excess of the merger consideration over the option’s exercise price, multiplied by vested shares, minus required tax withholdings.

What happened to Synchronoss stock options with exercise prices of $9.00 or higher?

Under the Merger Agreement, each option with an exercise price equal to or greater than $9.00 received an Option Payment of $0. Those options were cancelled for no consideration, meaning holders received no cash value for such higher-priced options.

What transaction code is used on this SNCR Form 4 and what does it mean?

The Form 4 uses transaction code "D" for the reported event, described as a disposition to the issuer. This indicates the 52,768 shares of Synchronoss common stock were transferred back to the company rather than sold in an open-market transaction.