SYNAPTICS Inc (SYNA) insider reports 2,304-share tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SYNAPTICS Inc officer Satish Ganesan reported a routine tax-related share withholding. On 2026-05-17, 2,304 shares of common stock were withheld at $128.23 per share to cover tax obligations from the settlement of restricted stock units and performance stock units. This was not an open-market sale, and Ganesan now directly holds 63,446 shares of SYNAPTICS common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ganesan Satish
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,304 | $128.23 | $295K |
Holdings After Transaction:
Common Stock — 63,446 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 2,304 shares
Per-share value for withholding: $128.23 per share
Shares held after transaction: 63,446 shares
3 metrics
Shares withheld for taxes
2,304 shares
Tax withholding on RSU and PSU settlement on 2026-05-17
Per-share value for withholding
$128.23 per share
Valuation used for tax-withholding disposition
Shares held after transaction
63,446 shares
Direct SYNAPTICS common stock ownership post-transaction
Key Terms
restricted stock units, performance stock units, tax withholding obligations, tax-withholding disposition
4 terms
restricted stock units financial
"associated with the settlement of restricted stock units and performance 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.
performance stock units financial
"associated with the settlement of restricted stock units and performance stock units"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
tax withholding obligations financial
"withheld by the Issuer to satisfy certain tax withholding obligations associated with the settlement"
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for this Form 4 entry"
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.
FAQ
What insider transaction did SYNAPTICS (SYNA) report for Satish Ganesan?
SYNAPTICS officer Satish Ganesan reported a tax-related share withholding. 2,304 common shares were withheld to satisfy tax obligations from settling restricted and performance stock units, a routine compensation event rather than an open-market sale.
Was the SYNAPTICS (SYNA) Form 4 a market sale by Satish Ganesan?
No, the Form 4 records a tax-withholding disposition, not a market sale. Shares were withheld by SYNAPTICS to cover tax obligations from restricted and performance stock units, a common administrative step for equity compensation.