Insider Vikram Gupta sells SYNAPTICS (SYNA) shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SYNAPTICS Inc officer Vikram Gupta reported an open-market sale of company stock. On February 25, he sold 772 shares of common stock at an average price of $81.57 per share. After this planned sale under a Rule 10b5-1 trading plan dated March 14, 2024, he held 95,996 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 772 shares ($62,972)
Net Sell
1 txn
Insider
Gupta Vikram
Role
See Remarks
Sold
772 shs ($63K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 772 | $81.57 | $63K |
Holdings After Transaction:
Common Stock — 95,996 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did SYNAPTICS (SYNA) report for Vikram Gupta?
SYNAPTICS reported that officer Vikram Gupta sold 772 shares of common stock. The shares were sold in an open-market transaction at an average price of $81.57 per share, with the trade executed on February 25 under a Rule 10b5-1 trading plan.
Was Vikram Gupta’s SYNAPTICS (SYNA) stock sale under a Rule 10b5-1 plan?
Yes. The Form 4 states the 772 shares were sold under a Rule 10b5-1 trading plan dated March 14, 2024. Such plans pre-schedule trades, helping insiders systematically diversify holdings while following regulatory requirements.
What does the transaction code "S" mean in the SYNAPTICS (SYNA) Form 4 filing?
The transaction code "S" in the Form 4 indicates a sale of common stock in the open market or a private transaction. In this case, it reflects Vikram Gupta’s sale of 772 SYNAPTICS shares at an average price of $81.57 per share.