SYNA Insider Filing: Bodensteiner Withholds 781 Shares for Taxes
Rhea-AI Filing Summary
Lisa Bodensteiner, Senior Vice President, Chief Legal Officer and Corporate Secretary of Synaptics Inc (SYNA), reported a transaction dated 09/17/2025. The Form 4 shows 781 shares of Synaptics common stock were disposed (D) under transaction code F, representing shares withheld by the issuer to satisfy tax withholding on the vesting of restricted stock units at a per-share price of $71.91. After the withholding transaction, the reporting person beneficially owned 84,186 shares on a direct basis. The form is signed by an attorney-in-fact on 09/18/2025.
Positive
- Timely disclosure of the withholding transaction under Section 16
- Clarifies post-transaction direct beneficial ownership of 84,186 shares
- Explains the disposition as issuer withholding to satisfy tax obligations on vested RSUs
Negative
- None.
Insights
TL;DR: Routine tax-withholding of vested RSUs; confirms continued direct ownership and timely Section 16 reporting.
The Form 4 documents a standard administrative withholding of 781 shares to satisfy tax obligations from RSU vesting, recorded under transaction code F. This is a common, non-dispositive administrative action that does not indicate a change in compensation policy or an intentional sale for liquidity. The filing shows the reporting person remains a substantial direct holder with 84,186 shares, and the submission appears timely and properly executed by an attorney-in-fact.
TL;DR: Non-material insider share withholding; no evidence of opportunistic selling or material change in insider stake.
From a market-impact perspective, the disposal of 781 shares via withholding at $71.91 per share is immaterial relative to typical free float and does not constitute an open-market sale. The report clarifies the mechanics of RSU settlement and the reporter's post-transaction direct ownership level of 84,186 shares. There are no additional derivative transactions or other disposals disclosed.