SYNAPTICS (SYNA) officer has 147 shares withheld for RSU tax
Rhea-AI Filing Summary
SYNAPTICS Inc officer Satish Ganesan reported a small, routine tax-related share disposition. On this Form 4, 147 shares of common stock were withheld by the company at $74.56 per share to cover tax obligations tied to the settlement of restricted stock units. This was not an open-market sale, but an automatic tax-withholding mechanism. Following this transaction, Ganesan directly holds 76,677 shares of SYNAPTICS common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 147 shares
Net Sell
1 txn
Insider
Ganesan Satish
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 147 | $74.56 | $11K |
Holdings After Transaction:
Common Stock — 76,677 shares (Direct)
Footnotes (1)
- F1. Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations associated with the settlement of restricted stock units.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did SYNAPTICS (SYNA) report for Satish Ganesan?
SYNAPTICS reported that officer Satish Ganesan had 147 shares of common stock withheld to satisfy tax obligations on restricted stock unit settlement. This Form 4 event was a tax-withholding disposition, not an open-market purchase or sale of shares.
Does the SYNAPTICS (SYNA) Form 4 show an open-market sale by Satish Ganesan?
No. The filing specifies the transaction as tax-withholding, where 147 shares were withheld by SYNAPTICS to pay taxes on restricted stock unit settlement. It does not represent Ganesan selling shares in the open market for investment reasons.
What does transaction code "F" mean in the SYNAPTICS (SYNA) Form 4?
Transaction code "F" denotes payment of exercise price or tax liability by delivering or withholding securities. In this case, SYNAPTICS withheld 147 shares from Satish Ganesan to cover tax obligations linked to the settlement of restricted stock units.