Synaptics (NASDAQ: SYNA) CEO awarded 119K shares, sells 2K
Rhea-AI Filing Summary
SYNAPTICS Inc (SYNA) reported insider equity activity by President and Chief Executive Officer Rahul G. Patel. On August 17, 2026, he received 33,927 restricted stock units and 85,574 earned performance stock units; one-third of the RSUs vest on August 17, 2027 and the remainder in quarterly installments until August 17, 2029. On the same date, 15,302 shares were withheld to satisfy tax withholding obligations tied to performance stock unit settlement at a price of $110.58 per share. On August 19, 2026, he sold 2,276 shares of common stock at $105.39 per share pursuant to a Rule 10b5-1 Trading Plan dated September 4, 2025.
Positive
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Negative
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Insights
Analyzing...
Insider Trade Summary 10b5-1
Net Buyer: 101,923 shares
Net Buy
4 txns
Insider
Patel Rahul G.
Role
See remarks below
Sold
2,276 shs ($240K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F4 | 2,276 | $105.39 | $240K |
| Grant/Award | Common Stock F1 | 33,927 | $0.00 | $0.00 |
| Grant/Award | Common Stock F2 | 85,574 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F3 | 15,302 | $110.58 | $1.69M |
Holdings After Transaction:
Common Stock — 188,791 shares (Direct)
Footnotes (4)
- 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.
- F3. Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations associated with the settlement of performance stock units.
- F4. The shares were sold pursuant to 10b5-1 Trading Plan dated September 4, 2025.
Key Figures
RSU grant: 33,927 shares
Earned performance stock units: 85,574 shares
Tax withholding shares: 15,302 shares
+5 more
8 metrics
RSU grant
33,927 shares
Restricted stock units awarded on August 17, 2026
Earned performance stock units
85,574 shares
Earned performance stock units reflected on August 17, 2026
Tax withholding shares
15,302 shares
Shares withheld for tax obligations at $110.58 per share on August 17, 2026
Tax withholding price
$110.58 per share
Value used for shares withheld to satisfy tax withholding obligations
Shares sold
2,276 shares
Common stock sold on August 19, 2026 under a Rule 10b5-1 plan
Sale price
$105.39 per share
Price for 2,276 shares of common stock sold on August 19, 2026
10b5-1 plan date
September 4, 2025
Adoption date of the Rule 10b5-1 Trading Plan governing the sale
RSU full vesting date
August 17, 2029
Date when RSUs are scheduled to be fully vested
Key Terms
restricted stock units, performance stock units, Rule 10b5-1 Trading Plan, tax withholding obligations
4 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."
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.
Rule 10b5-1 Trading Plan regulatory
"The shares were sold pursuant to 10b5-1 Trading Plan dated"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
tax withholding obligations financial
"to satisfy certain tax withholding obligations associated with the settlement"
FAQ
What equity awards did SYNA CEO Rahul G. Patel receive in this Form 4?
Rahul G. Patel received 33,927 restricted stock units and 85,574 earned performance stock units of SYNAPTICS Inc common stock on August 17, 2026. The RSUs vest over three years, starting August 17, 2027, with quarterly vesting until fully vested on August 17, 2029.
How do the new RSUs for SYNA’s CEO vest over time?
One-third of the 33,927 RSUs vests on August 17, 2027, with one-twelfth of the total vesting each quarter thereafter. Vesting continues on this schedule until all RSUs are fully vested on August 17, 2029, subject to the award’s terms.
Was the SYNA CEO’s stock sale under a Rule 10b5-1 trading plan?
Yes. The 2,276-share sale on August 19, 2026, at $105.39 per share was executed under a Rule 10b5-1 Trading Plan dated September 4, 2025. Such pre-arranged plans automate trading according to preset instructions rather than discretionary timing.
What is the overall direction of insider activity in this SYNA Form 4?
Activity is mixed, with both acquisitions and dispositions. The CEO received 119,501 shares via RSU and performance stock unit awards, while 15,302 shares were withheld for taxes and 2,276 shares were sold under a trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.