Bodensteiner Lisa 4
Research Summary
AI-generated summary
Synaptics (SYNA) Chief Legal Officer Lisa Bodensteiner Sells 1,116 Shares
What Happened Lisa Bodensteiner, Senior Vice President, Chief Legal Officer and Corporate Secretary of Synaptics (SYNA), disposed of a total of 1,116 shares in mid‑March 2026. On 2026-03-17, 782 shares were withheld by the issuer to satisfy tax withholding related to RSU settlement (782 shares × $74.56 = $58,306). On 2026-03-18 she sold 334 shares in an open‑market sale at $74.83 per share (334 × $74.83 = $24,993). Total proceeds/consideration for the disposed shares equal $83,299. These were disposals (not purchases).
Key Details
- Transaction dates/prices/values:
- 2026-03-17: 782 shares withheld for tax at $74.56 — $58,306 (code F: tax withholding)
- 2026-03-18: 334 shares sold open market at $74.83 — $24,993 (code S)
- Total shares disposed: 1,116 shares for $83,299.
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnotes:
- F1: Shares withheld by the issuer to satisfy tax withholding on settled RSUs.
- F2: The 334-share sale was made pursuant to a 10b5-1 trading plan dated Sept 9, 2025.
- Filing: Report filed 2026-03-18 covering transactions on 2026-03-17/03-18; the filing itself shows no late‑filing indication.
Context
- The 782-share transaction was a tax withholding associated with RSU settlement (a routine cashless method of satisfying tax obligations), not a discretionary open‑market sale.
- The 334-share sale was executed under a pre-established 10b5-1 plan, which typically allows insiders to sell on a preset schedule and is considered preplanned rather than a spontaneous market-timing trade.
- Disposals like these are common for tax and planned-liquidity reasons and do not, by themselves, indicate a change in the officer’s view of the company.