Synaptics (NASDAQ: SYNA) director sells 2,281 shares via 10b5-1 plan
Rhea-AI Filing Summary
Synaptics Inc director and officer Rahul G. Patel executed an open-market sale of company stock. He sold 2,281 shares of Synaptics common stock at a price of $90.00 per share. After this transaction, he continued to hold 111,320 shares directly. The sale was carried out pursuant to a Rule 10b5-1 trading plan dated September 4, 2025, indicating it was pre-arranged rather than a discretionary trade.
Positive
- None.
Negative
- None.
Insights
Pre-planned, relatively small sale under a Rule 10b5-1 plan.
Director and officer Rahul G. Patel conducted an open-market sale of 2,281 shares of Synaptics Inc common stock at $90.00 per share. Following the sale, he still directly holds 111,320 shares, indicating this was a modest reduction in his position.
The filing states the sale was made under a Rule 10b5-1 trading plan dated September 4, 2025. Such plans are established in advance and execute trades automatically, so the timing of this transaction carries limited informational value about his current view of the stock.
There are no derivative positions listed in this filing’s summary, so this event reflects a straightforward stock sale rather than option exercises or complex restructuring. Overall, this looks like a routine, pre-planned liquidity event rather than a thesis-changing move.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,281 | $90.00 | $205K |
Footnotes (1)
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