Synaptics (SYNA) Chief Legal Officer Lisa Bodensteiner Sells Shares

What Happened

• Lisa Bodensteiner, Senior Vice President, Chief Legal Officer and Corporate Secretary of Synaptics (SYNA), disposed of a total of 1,502 shares in mid‑July 2026. On July 17, 2026, 1,052 shares were withheld by the company to satisfy tax withholding related to the settlement of restricted stock units (reported as "F") at $114.05 each for proceeds of $119,981. On July 20, 2026, she sold 284 shares at a weighted average price of $114.62 (proceeds $32,552) and 166 shares at a weighted average price of $115.56 (proceeds $19,183) in open‑market transactions (reported as "S"). Total proceeds from these transactions were about $171,716.
• These actions are disposals (sales/withholding) rather than purchases; withholding relates to tax obligations on RSUs, and the open‑market sales were executed under a prearranged 10b5‑1 plan.

Key Details

• Transaction dates/prices:
  • 2026-07-17: 1,052 shares withheld for tax at $114.05 (F) — $119,981.
  • 2026-07-20: 284 shares sold at $114.62 (weighted avg; range $114.25–$115.03) — $32,552. (F3)
  • 2026-07-20: 166 shares sold at $115.56 (weighted avg; range $115.36–$115.75) — $19,183. (F4)
• Sales pursuant to a 10b5‑1 trading plan dated September 9, 2025 (F2).
• Footnote F1 confirms the 1,052 shares were withheld to satisfy tax withholding on RSU settlement.
• Shares owned after the transactions: Not specified in the Form 4.
• Filing: Report filed with the SEC on July 20, 2026. The filing does not indicate a late filing.

Context

• The 1,052‑share entry is a tax withholding related to RSU settlement (functionally a cashless settlement), not a discretionary open‑market sale.
• The July 20 sales were done under a 10b5‑1 plan (pre‑arranged), which typically schedules trades in advance; this is informational and not an indicator of intent or future company performance.
• For retail investors, purchases generally carry more positive signal than routine sales or tax withholdings; these transactions appear to be administrative (tax withholding) and planned (10b5‑1 sales).