Tax share withholding reported by Synaptics (SYNA) officer Ken Rizvi
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Synaptics Inc. officer Ken Rizvi reported a tax-related share withholding transaction. On May 17, 2026, 3,241 shares of Synaptics common stock were withheld at $128.23 per share to cover tax obligations tied to vested restricted and performance stock units. This was a payment of tax liability using shares, not an open-market sale. After this withholding, Rizvi directly held 108,743 shares of Synaptics common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rizvi Ken
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,241 | $128.23 | $416K |
Holdings After Transaction:
Common Stock — 108,743 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 3,241 shares
Withholding share value: $128.23 per share
Shares held after transaction: 108,743 shares
+1 more
4 metrics
Shares withheld for taxes
3,241 shares
Tax withholding on equity award settlement
Withholding share value
$128.23 per share
Value used for tax withholding calculation
Shares held after transaction
108,743 shares
Direct Synaptics common stock ownership after withholding
Tax withholding shares (summary)
3,241 shares
TaxWithholdingShares in transaction summary
Key Terms
restricted stock units, performance stock units, tax withholding obligations
3 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"
FAQ
What insider transaction did Synaptics (SYNA) officer Ken Rizvi report?
Ken Rizvi reported a tax-related share withholding transaction. The company withheld 3,241 Synaptics common shares to satisfy tax obligations from restricted and performance stock units, rather than executing an open-market sale.
What equity awards triggered the Synaptics (SYNA) tax withholding for Ken Rizvi?
The tax withholding is associated with the settlement of restricted stock units and performance stock units. When these awards vested, Synaptics withheld 3,241 shares to cover Ken Rizvi’s related tax obligations instead of requiring a separate cash payment.