Synaptics (NASDAQ: SYNA) officer sells 5,065 shares, 65,750 held
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Synaptics Inc. officer Satish Ganesan sold 5,065 shares of common stock at $81.22 per share in an open-market transaction on April 20, 2026, executed under a Rule 10b5-1 trading plan dated September 11, 2025. On April 17, 5,862 shares were disposed of to cover tax withholding tied to the settlement of restricted stock units, which is a non-market event. Following these transactions, Ganesan directly holds 65,750 Synaptics shares, indicating he retains a substantial equity position in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 5,065 shares ($411,379)
Net Sell
2 txns
Insider
Ganesan Satish
Role
See Remarks
Sold
5,065 shs ($411K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,065 | $81.22 | $411K |
| Tax Withholding | Common Stock | 5,862 | $80.22 | $470K |
Holdings After Transaction:
Common Stock — 65,750 shares (Direct, null)
Footnotes (1)
- Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations associated with the settlement of restricted stock units. The shares were sold pursuant to 10b5-1 Trading Plan dated September 11, 2025.
Key Figures
Open-market sale shares: 5,065 shares
Sale price: $81.22 per share
Tax-withholding shares: 5,862 shares
+2 more
5 metrics
Open-market sale shares
5,065 shares
Common stock sold on April 20, 2026
Sale price
$81.22 per share
Price for 5,065 common shares sold
Tax-withholding shares
5,862 shares
Withheld to cover RSU-related tax obligations on April 17, 2026
Shares held after transactions
65,750 shares
Direct Synaptics holdings after reported Form 4 transactions
10b5-1 plan date
September 11, 2025
Plan governing the 5,065-share open-market sale
Key Terms
Rule 10b5-1 trading plan, restricted stock units, tax-withholding disposition, open-market sale
4 terms
Rule 10b5-1 trading plan financial
"The shares were sold pursuant to 10b5-1 Trading Plan dated September 11, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
restricted stock units financial
"associated with the settlement of restricted 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.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
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.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did Synaptics (SYNA) report for Satish Ganesan?
Synaptics reported that officer Satish Ganesan sold 5,065 common shares at $81.22 each in an open-market trade on April 20, 2026, and also had shares withheld for taxes related to restricted stock units.
Was Satish Ganesan’s Synaptics (SYNA) sale under a 10b5-1 trading plan?
Yes. The Form 4 notes that the 5,065-share sale was conducted pursuant to a Rule 10b5-1 trading plan dated September 11, 2025, indicating the trade was pre-arranged rather than timed at the officer’s sole discretion.