SYNA Insider Report: VP Withholds 302 Shares for RSU Taxes
Rhea-AI Filing Summary
Esther Song, Vice President and Corporate Controller of Synaptics Inc (SYNA), reported a Form 4 disclosing a transaction on 09/17/2025. The filing shows 302 shares of common stock were disposed (code F) at a price of $71.91. Following the reported transaction, the filing lists 22,288 shares beneficially owned by the reporting person; that total includes 223 shares acquired under the company Employee Stock Purchase Plan on September 15, 2025. The form notes the 302 shares were withheld by the issuer to satisfy tax withholding on restricted stock unit vesting. The form is signed on behalf of the reporting person by Pamela Fields, attorney-in-fact, dated 09/18/2025.
Positive
- Transaction is administrative: the 302-share disposition was a withholding to satisfy tax on RSU vesting, not an open-market sale
- Substantial retained ownership: reporting person still beneficially owns 22,288 shares following the transaction
- ESPP participation: 223 shares were recently acquired under the Employee Stock Purchase Plan on September 15, 2025
Negative
- None.
Insights
TL;DR: Routine insider withholding of 302 shares to cover RSU taxes; remaining ownership of 22,288 shares indicated.
The Form 4 documents a non-dispositive, administrative transaction where 302 shares were withheld at $71.91 to satisfy tax obligations tied to RSU vesting. This type of transaction typically does not reflect a voluntary sale for liquidity or a change in investment view by management. The reported beneficial ownership of 22,288 shares (including 223 ESPP shares acquired on September 15, 2025) shows continued equity exposure by the reporting officer. For investors, this is a routine insider administrative action rather than a material shift in ownership.
TL;DR: Administrative tax-withholding on vested RSUs consistent with standard equity compensation practice.
The filing clearly identifies the reporting person as the Vice President and Corporate Controller and explains the nature of the disposition: shares were withheld by the issuer to satisfy tax withholding related to RSU vesting. The use of code F and the explanatory note aligns with common disclosure for employer tax withholding. The presence of an attorney-in-fact signature (Pamela Fields) dated 09/18/2025 indicates procedural compliance with filing formalities. This disclosure appears routine and compliant with Section 16 reporting obligations.