[Form 4] Synaptics Inc Insider Trading Activity
Synaptics Inc (SYNA) insider filing from Senior VP & Chief Strategy Officer Ganesan Satish shows stock-based compensation vesting and routine withholding. On 08/17/2025 Mr. Satish had 24,604 restricted stock units granted (vesting beginning 08/17/2026 through 08/17/2028). The filing reflects 18,843 earned performance and market units and a disposition of 7,809 shares withheld to cover taxes at $66.80 per share. Following the reported transactions, disclosed beneficial ownership totals range by line to 100,081 to 107,890 shares depending on instrument treatment. The report is a Section 16 Form 4 disclosure of changes in beneficial ownership.
- Time- and performance-based equity grants align executive compensation with long-term service and performance
- Disclosure of vesting schedule provides transparency on when shares may settle (vesting to 08/17/2028)
- Shares withheld for taxes (7,809 at $66.80) reduced the reporting person's direct holdings
- Some awarded performance units remain subject to service vesting and are not yet settled as shares
Insights
TL;DR: Filing shows time- and performance-based equity vesting with modest share withholding for taxes, a routine insider compensation event.
The transactions disclosed are primarily non-cash stock compensation actions: grant/vesting of restricted stock units and recognition of earned performance/market units, which increase potential future share settlement. The single cash-related line is shares withheld (7,809) at $66.80 to satisfy tax obligations, reducing outstanding share count for the reporting person but not indicating open-market selling for liquidity. Overall, these entries affect insider alignment with shareholder outcomes but are standard executive compensation mechanics rather than market-moving trades.
TL;DR: Disclosure aligns with standard Section 16 reporting for executive equity awards and tax withholding; governance signals are routine.
The report specifies award structure: one-third of RSUs vest after one year with quarterly vesting thereafter to 08/17/2028, and previously earned performance units remain subject to service vesting prior to settlement. The clear vesting schedule and the attorney-in-fact signature indicate formal compliance with disclosure rules. No departures, option exercises for cash, or unusual transfers are shown, supporting a neutral governance assessment focused on standard retention incentives.