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 1,116 shares in two transactions. On 2026-09-17, 782 shares were withheld by the company to cover tax obligations related to restricted stock units (782 shares x $91.12 = $71,256). On 2026-09-18, she sold 334 shares in an open-market transaction under a 10b5-1 plan at $92.63 per share (334 shares x $92.63 = $30,938). Combined proceeds/values total roughly $102,194.

Key Details

• Transaction dates and amounts:
  • 2026-09-17: 782 shares withheld for tax withholding at $91.12 (coded F) — $71,256.
  • 2026-09-18: 334 shares sold in open market at $92.63 (coded S) pursuant to 10b5-1 plan — $30,938.
• Shares owned after the transactions: Not stated in the provided filing summary.
• Notable footnotes:
  • F1: Shares withheld by issuer to satisfy tax withholding on RSU settlement.
  • F2: Open-market sale was made under a 10b5-1 trading plan dated September 9, 2025.
• Filing timeliness: Form 4 filed on 2026-09-18 for transactions on 9/17 and 9/18 — appears timely.

Context
The 9/17 transaction was a tax-withholding disposition to satisfy RSU taxes (a routine, cashless settlement). The 9/18 sale was executed under a pre-established 10b5-1 plan, which typically schedules sales in advance and is considered routine. Both actions are disposals (sales/withholding) and, while they reduce insider holdings, they are common and do not by themselves indicate insider confidence or lack thereof.