Rendino Kevin 4
4 · SYNCHRONOSS TECHNOLOGIES INC · Filed Feb 13, 2026
Research Summary
AI-generated summary of this filing
Synchronoss (SNCR) Director Kevin Rendino Disposes 52,768 Shares
What Happened
- Kevin Rendino, a director of Synchronoss Technologies, reported a disposition to the issuer (Form 4 code D) of 52,768 shares on February 13, 2026. The filing shows no per-share price or total cash value (reported as N/A).
- This was a disposition to the company/issuer rather than an open-market sale, and the filing’s footnotes tie the transactions to assignment of certain share interests and to treatment of vested options under a Merger Agreement.
Key Details
- Transaction date: 2026-02-13; Transaction type: Disposition to issuer (code D).
- Shares disposed: 52,768; price and total value: not reported (N/A) in the filing.
- Shares owned after the transaction: Not specified in this filing.
- Relevant footnotes:
- F1: Rendino previously assigned all economic and beneficial interest in 24,000 of his shares to Mount Logan Capital Inc.
- F2: Under the Merger Agreement, vested stock options were cancelled and converted into cash payments where applicable; options with exercise price ≥ $9.00 were cancelled for no consideration.
- Filing timeliness: Reported with a period and filing date of 2026-02-13 (no late filing indication in the record).
Context
- A disposition to the issuer often occurs in corporate transactions (for example, share surrender or cancellation in connection with a merger) rather than a typical market sale; because no price/value is reported here, the economic impact on Rendino cannot be determined from this filing alone.
- Footnote F2 indicates related option cancellations and cash conversion rules under a Merger Agreement; that helps explain why some equity instruments may have been cancelled or settled rather than sold.
Insider Transaction Report
Form 4Exit
Rendino Kevin
Director
Transactions
- Disposition to Issuer
Common Stock
[F1][F2]2026-02-13−52,768→ 0 total
Footnotes (2)
- [F1]As previously reported by the Reporting Person, pursuant to an assignment and assumption agreement between the Reporting Person and Mount Logan Capital Inc. ("Mount Logan"), the Reporting Person has assigned all economic and beneficial interest in 24,000 of the shares held by the Reporting Person to Mount Logan.
- [F2]Pursuant to the Merger Agreement, each vested stock option was cancelled and automatically converted into the right to receive an amount in cash determined by multiplying (x) the excess, if any, of the Merger Consideration over the applicable exercise price of such option by (y) the number of vested shares subject to such option (the "Option Payment"), less all applicable deductions and withholdings required by law to be withheld in respect of such payment; provided, however, that the Option Payment for each option with an exercise price equal to or greater than $9.00 was $0 and such option was cancelled for no consideration.
Signature
/s/ Kevin Rendino|2026-02-13