Synaptics (NASDAQ: SYNA) grants CFO 15,479 RSUs, 31,720 performance units
Rhea-AI Filing Summary
SYNAPTICS Inc (SYNA) reported equity compensation changes for Senior Vice President and Chief Financial Officer Ken Rizvi. On August 17, 2026, he received 15,479 restricted stock units that begin vesting one-third on the first anniversary of the August 17, 2026 vesting commencement date, then one-twelfth quarterly until fully vested on August 17, 2029, and 31,720 earned performance and market stock units. On the same date, 17,251 shares were withheld at $110.58 per share to satisfy tax withholding obligations related to the settlement of these awards.
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Insights
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Insider Trade Summary
Net Buyer: 29,948 shares
Net Buy
3 txns
Insider
Rizvi Ken
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 15,479 | $0.00 | $0.00 |
| Grant/Award | Common Stock F2 | 31,720 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F3 | 17,251 | $110.58 | $1.91M |
Holdings After Transaction:
Common Stock — 134,365 shares (Direct)
Footnotes (3)
- F1. 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, 2026, and one-twelfth of the total number of restricted stock units shall vest each quarter thereafter until fully vested on August 17, 2029.
- F2. Reflects earned performance stock units and market stock units.
- F3. 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.
Key Figures
RSUs granted: 15,479 shares
Performance and market stock units earned: 31,720 shares
Shares withheld for taxes: 17,251 shares
+3 more
6 metrics
RSUs granted
15,479 shares
Restricted stock units granted to Ken Rizvi on August 17, 2026
Performance and market stock units earned
31,720 shares
Earned performance stock units and market stock units credited on August 17, 2026
Shares withheld for taxes
17,251 shares
Shares withheld to satisfy tax withholding obligations on August 17, 2026
Tax withholding price
$110.58 per share
Price used for shares withheld to cover tax obligations
RSU vesting end date
August 17, 2029
Date on which the 15,479 RSUs become fully vested, subject to schedule
RSU vesting commencement date
August 17, 2026
Vesting commencement date referenced in the RSU vesting schedule
Key Terms
restricted stock units, performance stock units, market stock units, vest, +1 more
5 terms
restricted stock units financial
"One-third of the total number of restricted stock units shall vest"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
performance stock units financial
"Reflects earned performance stock units and market stock units."
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
market stock units financial
"Reflects earned performance stock units and market stock units."
vest financial
"shall vest each quarter thereafter until fully vested on August 17, 2029."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
tax withholding obligations financial
"to satisfy certain tax withholding obligations associated with the settlement"
FAQ
What equity awards did SYNA grant to CFO Ken Rizvi on August 17, 2026?
Ken Rizvi received 15,479 restricted stock units and 31,720 earned performance and market stock units on August 17, 2026. These awards form part of his equity compensation and vest over time, aligning his interests with SYNAPTICS Inc shareholders.
How do Ken Rizvi’s new SYNA restricted stock units vest?
The 15,479 restricted stock units start vesting one-third on the first anniversary of the August 17, 2026 vesting commencement date. One-twelfth of the total then vests each quarter until the award is fully vested on August 17, 2029.
Do Ken Rizvi’s August 17, 2026 SYNA transactions involve open-market buying or selling?
No open-market trades are reported. The filing shows equity awards granted at $0.00 per share and 17,251 shares withheld to cover tax obligations, rather than discretionary purchases or sales in the market.
AI-generated analysis. How Rhea-AI works. Not financial advice.