Synchronoss (SNCR) Form 4: 180 Degree-Mount Logan Merger Changes Ownership

Rhea-AI Filing Summary

On September 12, 2025 the reporting person disclosed a change in indirect ownership of Synchronoss Technologies Inc. (SNCR) following a corporate combination: 180 Degree Capital Corp. merged with Mount Logan Capital Inc. as described in the filing. As a result of the merger the reporting person "ceased to have voting and/or dispositive control" of 888,892 shares previously reported as indirectly beneficially owned. The filing states no shares were sold in connection with the merger.

Positive

• No shares were sold in conjunction with the merger, per the filing

Negative

• Reporting person ceased to have voting and/or dispositive control of 888,892 shares following the merger

Insights

Corporate Governance Expert

TL;DR: Merger caused loss of indirect control of 888,892 shares; no sale occurred.

The Form 4 reports a change in indirect beneficial ownership tied to a merger between 180 Degree Capital and Mount Logan. The reporting person no longer holds voting or dispositive control over 888,892 shares of SNCR, which is a governance change rather than a disposition via market sale. For stakeholders this clarifies ownership structure and voting rights post-merger but does not indicate share liquidation pressure, since the filing explicitly states no shares were sold.

Securities Analyst

TL;DR: Transaction is an ownership-control change from a merger, not a market sale.

The entry uses transaction code J and discloses a decrease of 888,892 indirectly held shares following the closing of a merger on 09/12/2025. Because the filing confirms shares were not sold, there is no immediate change to the issuer's outstanding float from this event, although the merger altered who holds voting/dispositive control. The disclosure is concise and limited to change in control status.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Rendino Kevin

Role Director

Type	Security	Shares	Price	Value
Other	Common Stock, par value $0.0001 per share	888,892	$0.00	$0.00

Holdings After Transaction: Common Stock, par value $0.0001 per share — 0 shares (Indirect, See footnote)

Footnotes (1)

1. F1. On September 12, 2025, 180 Degree Capital Corp. ("180 Degree Capital") merged with Mount Logan Capital Inc. ("Mount Logan") (the "Merger"). With the close of the Merger, the Reporting Person ceased to have voting and/or dispositive control of the shares of the Issuer owned by 180 Degree Capital and therefore ceased to have indirect beneficial ownership of such shares of the Issuer. No shares of the Issuer were sold in conjunction with or pursuant to the Merger.

FAQ

What change did the Form 4 filed for SNCR report?

The filing reports that following a merger on 09/12/2025, the reporting person ceased to have voting/dispositive control of 888,892 shares.

Did the reporting person sell any SNCR shares in the transaction?

No. The filing explicitly states no shares of the Issuer were sold in conjunction with or pursuant to the merger.

Which entities were involved in the merger described in the Form 4?

The filing states that 180 Degree Capital Corp. merged with Mount Logan Capital Inc..

What was the transaction code and date listed on the Form 4?

The transaction date is 09/12/2025 and the Form 4 shows transaction code J for the reported change.

How many shares did the reporting person beneficially own after the reported transaction?

The filing indicates 0 shares were beneficially owned by the reporting person following the reported transaction (indirect ownership ceased).

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 09/16/2025 - 04:03 PM Learn about SEC filing dates

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

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

1. Name and Address of Reporting Person^*

Rendino Kevin

(Last) (First) (Middle)

7 NORTH WILLOW STREET

SUITE 4B

(Street)

MONTCLAIR NJ 07042

(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)
09/12/2025

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, par value $0.0001 per share	09/12/2025		J		888,892	D	(1)	0	I	See footnote

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. On September 12, 2025, 180 Degree Capital Corp. ("180 Degree Capital") merged with Mount Logan Capital Inc. ("Mount Logan") (the "Merger"). With the close of the Merger, the Reporting Person ceased to have voting and/or dispositive control of the shares of the Issuer owned by 180 Degree Capital and therefore ceased to have indirect beneficial ownership of such shares of the Issuer. No shares of the Issuer were sold in conjunction with or pursuant to the Merger.

Remarks:

	/s/ Daniel B. Wolfe by Power of Attorney	09/16/2025
	** 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.