Patel Rahul G. 4
Research Summary
AI-generated summary
Synaptics (SYNA) CEO Rahul G. Patel Sells 2,281 Shares
What Happened
- Rahul G. Patel, President, Chief Executive Officer and a Director of Synaptics (SYNA), sold 2,281 shares on April 24, 2026. The sale was for $90.00 per share, totaling $205,290, and reported on Form 4. This was a sale (routine disposition) rather than a purchase.
Key Details
- Transaction type: Sale (Code S) — open market/private sale reported.
- Date and price: April 24, 2026 — 2,281 shares at $90.00 each.
- Transaction value: $205,290 total.
- Shares owned after transaction: Not disclosed in the filing.
- Footnote: Shares were sold pursuant to a 10b5-1 trading plan dated September 4, 2025.
- Timeliness: Filing covers the transaction dated the same day (no late filing indicated).
Context
- A 10b5-1 plan is a prearranged trading program that lets insiders sell shares at scheduled times; sales under such plans are typically routine and do not necessarily reflect a change in the insider’s view of the company. As CEO and a director, Patel’s transactions are routinely monitored by investors, but this single, preplanned sale should be viewed as a liquidity event rather than a clear bullish or bearish signal.