Tax-withholding share disposition by SYNAPTICS (SYNA) officer Satish Ganesan
Rhea-AI Filing Summary
SYNAPTICS Inc officer Satish Ganesan reported a Form 4 showing a tax-related share disposition. On this date, 2,381 shares of common stock were withheld by the company at $85.40 per share to cover tax obligations tied to the settlement of restricted and performance stock units. After this withholding, Ganesan directly held 76,824 shares of SYNAPTICS common stock. This was a tax-withholding disposition, not an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,381 shares
Net Sell
1 txn
Insider
Ganesan Satish
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,381 | $85.40 | $203K |
Holdings After Transaction:
Common Stock — 76,824 shares (Direct)
Footnotes (1)
- F1. Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations associated with the settlement of restricted stock units and performance stock units.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did SYNAPTICS (SYNA) report for Satish Ganesan?
SYNAPTICS reported that officer Satish Ganesan had 2,381 shares of common stock withheld. These shares were used to satisfy tax obligations related to settling restricted and performance stock units, rather than representing an open-market sale of shares.
Was the SYNAPTICS (SYNA) Form 4 transaction an open-market sale?
No, the Form 4 transaction for SYNAPTICS was not an open-market sale. The 2,381 shares were withheld by the company to cover tax withholding obligations from restricted and performance stock unit settlements, as noted in the filing footnote.
What does transaction code F mean in the SYNAPTICS (SYNA) Form 4?
Transaction code F indicates a payment of exercise price or tax liability by delivering securities. In this SYNAPTICS filing, it refers to shares withheld by the issuer to satisfy tax obligations from restricted and performance stock unit settlements.