Form 4: Rinne Kristin S. reports disposition transactions in SNCR

Rhea-AI Filing Summary

Rinne Kristin S. reported disposition transactions in a Form 4 filing for SNCR. The filing lists transactions totaling 65,970 shares.

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^*

Rinne Kristin S.

(Last) (First) (Middle)

200 CROSSING BLVD.

(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		59,956	D	(1)	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
Stock Option (Right to Purchase)	$61.92	02/13/2026		D			2,648(2)	(3)	06/06/2026	Common Stock	2,648	(4)	0	D
Stock Option (Right to Buy)	$48.87	02/13/2026		D			1,310(2)	(3)	02/20/2027	Common Stock	1,310	(4)	0	D
Stock Option (Right to Buy)	$26.46	02/13/2026		D			2,056(2)	(3)	06/14/2028	Common Stock	2,056	(4)	0	D

Explanation of Responses:

1. The shares were disposed of pursuant to the Agreement and Plan of Merger, dated as of December 3, 2025 (the "Merger Agreement"), by and among the Issuer, Lumine Group US Holdco Inc., a Delaware corporation, and Skyfall Merger Sub Inc., a Delaware corporation, whereby, at the effective time of the merger contemplated therein (the "Effective Time"), all issued and outstanding shares of Issuer common stock were cancelled and automatically converted into the right to receive $9.00 per share in cash, without interest (the "Merger Consideration").

2. The number of shares reported in this Form 4 account for the one-for-nine Reverse Stock Split effected by the Issuer on December 11, 2023 (the "Reverse Stock Split"). No fractional shares were issued in connection with the Reverse Stock Split. Any fractional shares that would have resulted from the Reverse Stock Split were rounded up to the nearest whole number.

3. As of the Effective Time, all outstanding options have vested and are fully exercisable.

4. 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/ Kristin Rinne	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 Kristin S. Rinne report?

Kristin S. Rinne reported disposing of all directly owned Synchronoss Technologies common stock. On February 13, 2026, she surrendered 59,956 shares in connection with a cash merger, leaving her with zero shares beneficially owned after the transaction.

At what price were Kristin S. Rinne’s SNCR shares converted in the merger?

Her Synchronoss Technologies common shares were converted into cash at $9.00 per share. This consideration was set by the merger agreement between the company and Lumine Group US Holdco Inc., with payment made in cash and no interest.

What happened to Kristin S. Rinne’s SNCR stock options in this Form 4?

All of her outstanding Synchronoss Technologies stock options vested at the merger’s effective time and were cancelled. They were converted into cash payments based on the $9.00 merger price, with options priced at or above $9.00 cancelled for no consideration.

How many SNCR stock options tied to common shares were cancelled?

Three option positions were cancelled: options over 2,648 shares at $61.92, 1,310 shares at $48.87, and 2,056 shares at $26.46. After these cancellations, the Form 4 reports zero derivative securities beneficially owned by Kristin S. Rinne.

Why do the SNCR share counts in this Form 4 reflect a reverse split?

The reported share numbers incorporate a one-for-nine reverse stock split completed December 11, 2023. No fractional shares were issued; any fractional amounts were rounded up to the nearest whole share, as described in the Form 4 footnotes.

What type of disposition is indicated for Kristin S. Rinne’s SNCR holdings?

The transactions are coded as a disposition to the issuer. Her common shares and options were cancelled or converted to cash under the merger agreement’s terms, rather than sold on the open market or through a separate negotiated sale.