Bodensteiner Lisa 4
4 · SYNAPTICS Inc · Filed Apr 21, 2026
Research Summary
AI-generated summary of this filing
Synaptics (SYNA) SVP Lisa Bodensteiner Sells 1,798 Shares
What Happened
Lisa Bodensteiner, Senior Vice President, Chief Legal Officer and Corporate Secretary of Synaptics (SYNA), disposed of company stock in two ways in mid‑April 2026. On 2026-04-17, 4,210 shares were withheld by the company to satisfy tax withholding associated with the settlement of restricted stock units (value reported at $80.22 per share, ~$337,726). On 2026-04-20 she sold 1,200 shares at a weighted average price of $81.38 (≈ $97,656) and 598 shares at a weighted average price of $82.85 (≈ $49,544) in open‑market transactions under a pre‑existing 10b5‑1 trading plan (total sales proceeds ≈ $147,200). These were disposals (sales/withholding), not purchases.
Key Details
- Filing date: 2026-04-21 (Form 4); reporting period includes transactions on 2026-04-17 and 2026-04-20. Filing appears timely.
- Transactions:
- 2026-04-17: F (tax withholding) — 4,210 shares withheld @ $80.22; value ≈ $337,726.
- 2026-04-20: S (open‑market sale) — 1,200 shares @ weighted avg $81.38; value ≈ $97,656.
- 2026-04-20: S (open‑market sale) — 598 shares @ weighted avg $82.85; value ≈ $49,544.
- Total shares sold (open market): 1,798; total cash proceeds ≈ $147,200.
- Shares withheld for taxes (RSU settlement): 4,210; value ≈ $337,726 (this is not a cash receipt to the insider).
- Shares owned after the transactions: not specified in the provided filing excerpt.
- Notable footnotes:
- Withholding (F1) reflects company withholding to cover RSU tax obligations (cashless settlement).
- Sales were made pursuant to a 10b5‑1 trading plan dated September 9, 2025 (F2).
- Reported sale prices are weighted averages; underlying trades occurred across price ranges $81.05–$81.91 and $82.53–$83.05 (F3, F4). The filer offered to provide per‑trade price details on request.
Context
- Tax‑withholding on RSUs (F) is a routine administrative step when restricted stock units vest; shares are withheld to cover tax rather than being sold by the insider for cash.
- Sales under a 10b5‑1 plan are pre‑arranged and typically indicate the trades were scheduled in advance, not real‑time discretionary sells.
- These are disposals (sales/withholding), which are common and not by themselves a clear signal of management sentiment.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-04-17$80.22/sh−4,210$337,726→ 66,981 total - Sale
Common Stock
[F2][F3]2026-04-20$81.38/sh−1,200$97,656→ 65,781 total - Sale
Common Stock
[F2][F4]2026-04-20$82.85/sh−598$49,544→ 65,183 total
Footnotes (4)
- [F1]Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations associated with the settlement of restricted stock units.
- [F2]The shares were sold pursuant to 10b5-1 Trading Plan dated September 9, 2025.
- [F3]The reported price is a weighted average. These shares were sold in multiple transactions at prices ranging from $81.05 to $81.91, inclusive. The reporting person undertakes to provide to Synaptics Incorporated (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F4]The reported price is a weighted average. These shares were sold in multiple transactions at prices ranging from $82.53 to $83.05, inclusive. The reporting person undertakes to provide (the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.