SYNA (NASDAQ: SYNA) reports RSU sale plan and 10b5-1 disposals
Rhea-AI Filing Summary
Morgan Stanley Smith Barney LLC submitted a Form 144 reporting proposed and completed dispositions of Common Stock tied to restricted stock units and 10b5-1 plans. The filing lists 1,798 Restricted Stock Units to be sold with an intended sale date of 04/17/2026. It also reports completed 10b5-1 sales of 334 shares on 03/18/2026 (proceeds $24,993.22) and 576 shares on 02/18/2026 (proceeds $48,919.68).
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Insights
TL;DR: Routine Form 144 reporting of restricted stock unit sale intent and prior 10b5-1 dispositions.
The filing records an intended sale of 1,798 Restricted Stock Units to be sold on 04/17/2026 and lists two prior 10b5-1 transactions: 334 shares on 03/18/2026 and 576 shares on 02/18/2026, with proceeds shown. These entries align with typical Form 144 disclosures for broker-handled dispositions.
Confirming compliance items: ensure brokerage routing and 10b5-1 plan documentation match the dates and amounts shown. Subsequent filings or broker confirmations will show execution status and final proceeds.