Synaptics (SYNA) CFO logs 1,473-share tax withholding, holds 104,417
Rhea-AI Filing Summary
Synaptics Inc Senior Vice President and Chief Financial Officer Ken Rizvi reported a tax-withholding disposition of 1,473 shares of common stock on July 17, 2026. The shares were withheld by the company to satisfy tax obligations on restricted stock unit settlement, leaving him with 104,417 directly held shares.
Positive
- None.
Negative
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Insider Trade Summary
Net Seller: 1,473 shares
Net Sell
1 txn
Insider
Rizvi Ken
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 1,473 | $114.05 | $168K |
Holdings After Transaction:
Common Stock — 104,417 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.
Key Figures
Shares withheld for taxes: 1,473 shares
Withholding price per share: $114.05 per share
Shares held after transaction: 104,417 shares
3 metrics
Shares withheld for taxes
1,473 shares
Common stock withheld to satisfy tax obligations on RSU settlement
Withholding price per share
$114.05 per share
Reported price for the 1,473-share tax-withholding disposition
Shares held after transaction
104,417 shares
Directly held Synaptics common stock following the withholding
Key Terms
tax withholding obligations, restricted stock units, tax-withholding disposition
3 terms
tax withholding obligations financial
"to satisfy certain tax withholding obligations associated with the settlement"
restricted stock units financial
"obligations associated with the settlement of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"transaction_action is described as a tax-withholding disposition of shares"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did SYNA executive Ken Rizvi report?
Ken Rizvi reported a tax-withholding disposition of 1,473 Synaptics common shares. The shares were withheld by the issuer to satisfy tax obligations arising from restricted stock unit settlement, rather than being sold in an open-market transaction.
Was Ken Rizvi’s SYNA Form 4 a market sale of stock?
No, the Form 4 reports shares withheld by Synaptics to cover tax obligations, not an open-market sale. The 1,473 shares were retained by the issuer to satisfy taxes on the settlement of restricted stock units.
What triggered the tax withholding reported by SYNA insider Ken Rizvi?
The withholding was triggered by the settlement of restricted stock units granted to Ken Rizvi. Synaptics withheld 1,473 common shares to satisfy certain tax withholding obligations associated with that RSU settlement.