SYNA Form 4: 2,848 Shares Withheld to Cover RSU Taxes; 130,132 Shares Remain
Rhea-AI Filing Summary
Synaptics Inc (SYNA) Form 4: The company reported a single non-derivative transaction by reporting person Ken Rizvi on 08/22/2025. The filing shows 2,848 shares of Common Stock were disposed (transaction code F) at a reported price of $71.45 per share. After the disposition, the reporting person beneficially owns 130,132 shares in a direct ownership form. The filing explains these 2,848 shares were withheld by the issuer to satisfy tax withholding obligations associated with restricted stock unit vesting. The report identifies the reporting person as a company officer (Senior Vice President and Chief Financial Officer).
Positive
- Transparent disclosure of the share withholding and resulting ownership
- Clear explanatory note stating shares were withheld to satisfy tax obligations
- Form executed by an authorized attorney-in-fact, indicating procedural compliance
Negative
- None.
Insights
TL;DR: Officer reported tax-withholding share disposal of 2,848 shares at $71.45, leaving 130,132 shares directly owned.
The filing documents a routine tax-related disposition rather than an open-market sale: shares were withheld by the issuer to satisfy tax obligations tied to RSU vesting. The transaction code and the explanation align with standard employer withholding practices and do not reflect active selling by the officer. The reported post-transaction direct beneficial ownership of 130,132 shares provides a snapshot of the officer's stake but no change to derivative holdings is reported.
TL;DR: Disclosure shows an officer-level, administrative withholding of vested RSU shares; filing appears complete for this event.
The Form 4 identifies the reporting person as an officer (Senior Vice President and CFO) and includes a clear explanatory note that withheld shares satisfied tax withholding obligations. The form is signed by an attorney-in-fact, indicating proper execution. There is no indication of other transactions, plan-based trades, or changes in derivative holdings, and the disclosure meets Section 16 reporting requirements for this single event.