SYNA Insider Filing: Esther Song RSU/PSU Vesting and Tax Withholding Reported
Rhea-AI Filing Summary
Insider transactions by Synaptics (SYNA) reporting person Esther Song: The report shows multiple equity award transactions dated 08/17/2025 related to restricted stock units (RSUs) and performance stock units (PSUs). On 08/17/2025 Ms. Song was credited with 5,368 RSUs and 3,576 earned PSUs at $0 per share, increasing her beneficially owned shares to 19,814 and 23,390 respectively across reported lines; a separate entry records sale/transfer of 1,023 shares at $66.80 leaving 22,367 shares owned after that transaction. The filing explains vesting schedules and that 1,023 shares were withheld to satisfy tax withholding on vesting. The reporting person is Vice President and Corporate Controller.
Positive
- Equity awards documented as compensation: RSUs and earned PSUs granted/vested, aligning pay with performance and retention
- Disclosure clarity: Filing includes vesting schedule details and explains tax-withholding share disposition
Negative
- Share withholding for taxes: 1,023 shares were withheld, reducing the number of issued shares to the reporting person
- Potential dilution: Issuance of RSUs and PSUs will dilute existing shareholders when settled in shares
Insights
TL;DR: Insider received equity awards and recognized vested performance units; limited market-impact transactions and routine withholding.
The Form 4 documents standard compensation-related equity activity rather than open-market trading. The reporting reflects grant-related increases in beneficial ownership from RSU and PSU vesting and a reported disposition of 1,023 shares at $66.80 to cover tax withholding obligations. These events are compensation mechanics that dilute outstanding shares when settled and shift ownership timing but do not indicate active buying or selling for investment purposes.
TL;DR: Transactions align with typical executive compensation vesting and tax withholding; disclosure appears complete.
The filing identifies that RSUs vest over time and PSUs certified as achieved will settle subject to service vesting, which is consistent with standard incentive plan structures. The report includes an attorney-in-fact signature and provides explanatory remarks on vesting schedule and tax withholding, meeting common disclosure expectations for Section 16 reporting.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,368 | $0.00 | -- |
| Grant/Award | Common Stock | 3,576 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,023 | $66.80 | $68K |
Footnotes (1)
- 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, 2025, and one-twelfth of the total number of restricted stock units shall vest each quarter thereafter until fully vested on August 17, 2028. Amount of Securities Beneficially Owned reflects 68 performance stock units granted on August 17, 2022 and 773 performance stock units granted on August 17, 2023, for which the applicable performance goals were certified as achieved in 2023 and 2024, respectively. These earned units remain subject to time-based vesting conditions and are expected to settle in shares of the Issuers stock when applicable service-based vesting requirements are satisfied. Reflects earned performance stock units. Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations associated with the vesting settlement of restricted stock units and performance stock units.