SYNA Form 4: SVP Bodensteiner Reports RSU Grants, Tax Withholding
Rhea-AI Filing Summary
Synaptics insider filing shows restricted stock units and tax-withholding activity for a senior officer. On 08/17/2025 Lisa Bodensteiner, Senior Vice President, Chief Legal Officer and Corporate Secretary, was reported as acquiring 23,188 and 16,556 shares as restricted/earned stock units at $0 per share and had 6,087 shares disposed at $66.80 per share to satisfy tax-withholding. After these transactions the filing reports beneficial ownership totals of 84,967 shares. The 23,188 RSUs vest over three years beginning 08/17/2025 and 3,625 performance units were certified as achieved in 2024 but remain subject to time-based vesting.
Positive
- Transparency: Filing discloses detailed grant sizes, vesting schedule and tax-withholding, aiding investor clarity
- Performance units certified: 3,625 performance stock units were certified as achieved in 2024 (still subject to time vesting)
- Standard compensation practice: Transactions reflect routine time-based and performance-based equity administration rather than open-market sales
Negative
- None.
Insights
TL;DR: Routine executive equity awards and tax-withholding; no governance red flags evident.
The Form 4 documents standard equity compensation activity for a senior officer: time-based restricted stock units granted, previously earned performance units now certified but still subject to vesting, and share withholding to cover taxes upon settlement. The transactions align with typical grant and withholding mechanics and disclose vesting schedule details, improving transparency. No unusual sales or departures are reported.
TL;DR: Compensation-related issuances and settlements; the filing records vesting schedule and withholding events.
The filing quantifies awarded and earned equity: 23,188 RSUs with a three-year vesting schedule starting 08/17/2025, 16,556 earned units (performance and market-based), and 6,087 shares withheld for taxes at $66.80. These items are consistent with standard long-term incentive practices and reflect settlement mechanics rather than open-market divestiture.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 23,188 | $0.00 | -- |
| Grant/Award | Common Stock | 16,556 | $0.00 | -- |
| Tax Withholding | Common Stock | 6,087 | $66.80 | $407K |
Footnotes (1)
- One-third of the total number of restricted stock units shall vest on the first anniversary date following the vesting commencement date of August 17, 2025, and one-twelfth of the total number of restricted stock units shall vest each quarter thereafter until fully vested on August 17, 2028. Amount of Securities Beneficially Owned reflects 3,625 performance stock units, for which the applicable performance goals were certified as achieved in 2024. These earned units remain subject to time-based vesting conditions and are expected to settle in shares of the Issuers stock when applicable service-based vesting requirements are satisfied. The original grant was disclosed in the Issuers Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on September 12, 2024. Reflects earned performance stock units and market stock units. Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations associated with the settlement of restricted stock units, performance stock units and market stock units.