Synaptics (SYNA) officer reports 2,853-share RSU tax-withholding transaction
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Synaptics Inc reported an insider tax-related share disposition by officer Ken Rizvi. On this Form 4, the issuer withheld 2,853 shares of common stock at $84.28 per share to cover tax obligations tied to the settlement of restricted stock units, rather than an open-market sale. After this transaction, Rizvi directly owned 117,879 shares of Synaptics common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rizvi Ken
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,853 | $84.28 | $240K |
Holdings After Transaction:
Common Stock — 117,879 shares (Direct)
Footnotes (1)
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FAQ
What did Synaptics (SYNA) disclose in this Form 4 filing?
Synaptics disclosed a tax-related share disposition for officer Ken Rizvi. The issuer withheld 2,853 common shares at $84.28 each to satisfy tax obligations from restricted stock units, leaving Rizvi with direct ownership of 117,879 Synaptics common shares afterward.
Was Ken Rizvi’s Synaptics (SYNA) Form 4 transaction an open-market sale?
The Form 4 indicates it was not an open-market sale. Instead, 2,853 Synaptics shares were withheld by the issuer to satisfy tax withholding obligations arising from the settlement of restricted stock units, described as a tax-withholding disposition in the filing.