Synaptics (NASDAQ: SYNA) SVP gets new grants, 15,954 shares withheld for taxes
Rhea-AI Filing Summary
SYNAPTICS Inc (SYNA) reported that senior vice president Satish Ganesan received equity awards and had shares withheld for taxes. On August 17, 2026, he was granted 15,267 restricted stock units, which begin vesting on August 17, 2026 and fully vest on August 17, 2029, and 30,643 earned performance and market stock units. On the same date, 15,954 shares of common stock were withheld at $110.58 per share to satisfy tax withholding obligations related to the settlement of prior stock unit awards.
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Insights
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Insider Trade Summary
Net Buyer: 29,956 shares
Net Buy
3 txns
Insider
Ganesan Satish
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 15,267 | $0.00 | $0.00 |
| Grant/Award | Common Stock F2 | 30,643 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F3 | 15,954 | $110.58 | $1.76M |
Holdings After Transaction:
Common Stock — 87,682 shares (Direct)
Footnotes (3)
- F1. One-third of the total number of restricted stock units shall vest on the first anniversary date following the vesting commencement date of August 17, 2026, and one-twelfth of the total number of restricted stock units shall vest each quarter thereafter until fully vested on August 17, 2029.
- F2. Reflects earned performance stock units and market stock units.
- F3. Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations associated with the settlement of restricted stock units, performance stock units and market stock units.
Key Figures
Restricted stock units granted: 15,267 shares
Performance and market stock units earned: 30,643 shares
Shares withheld for tax obligations: 15,954 shares
+3 more
6 metrics
Restricted stock units granted
15,267 shares
RSU grant to Satish Ganesan on August 17, 2026
Performance and market stock units earned
30,643 shares
Earned performance stock units and market stock units on August 17, 2026
Shares withheld for tax obligations
15,954 shares
Common stock withheld to satisfy tax withholding obligations on August 17, 2026
Withholding price per share
$110.58 per share
Value used for tax withholding on 15,954 shares of common stock
RSU vesting commencement date
August 17, 2026
Vesting commencement date for 15,267 restricted stock units
RSU full vesting date
August 17, 2029
Date by which RSUs are scheduled to be fully vested
Key Terms
restricted stock units, performance stock units, market stock units, vesting commencement date
4 terms
restricted stock units financial
"One-third of the total number of restricted stock units shall vest"
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
"Reflects earned performance stock units and market 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.
market stock units financial
"Reflects earned performance stock units and market stock units."
vesting commencement date financial
"following the vesting commencement date of August 17, 2026"
The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.
FAQ
What equity awards did Satish Ganesan receive from SYNAPTICS Inc (SYNA) on August 17, 2026?
Satish Ganesan received 15,267 restricted stock units and 30,643 earned performance and market stock units on August 17, 2026. These awards represent stock-based compensation and will vest over time according to the company’s specified schedules.
What is the vesting schedule for Satish Ganesan’s new SYNAPTICS (SYNA) restricted stock units?
The 15,267 restricted stock units start vesting on August 17, 2026. One-third vests on the first anniversary, and one-twelfth vests each quarter thereafter, with all units fully vested by August 17, 2029, assuming continued service and satisfaction of applicable conditions.
Does this SYNAPTICS (SYNA) Form 4 indicate any open-market stock purchases or sales by Satish Ganesan?
The filing reports equity grants and shares withheld for taxes, but no open-market purchases or sales. All reported acquisitions are stock-based compensation awards, while the disposition reflects tax withholding related to the settlement of those equity awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.