Insider Vikram Gupta sells SYNAPTICS (SYNA) shares under 10b5-1 plan
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
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)
- F1. The shares were sold pursuant to 10b5-1 Trading Plan dated March 14, 2024.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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.