Synaptics (SYNA) CEO Rahul G. Patel Sells 24,452 Shares

What Happened
Rahul G. Patel, President and Chief Executive Officer of Synaptics Inc., disposed of a total of 24,452 shares between July 17 and July 20, 2026, for aggregate proceeds of approximately $2,792,412. On July 17, 19,898 shares were withheld by the company to satisfy tax withholding on settled restricted stock units (reported at $114.05 per share, $2,269,367). On July 20, he sold an additional 1,568 shares at a weighted average price of $114.15 ($178,987), 2,486 shares at a weighted average of $115.11 ($286,163), and 500 shares at a weighted average of $115.79 ($57,895).

Key Details

• Transaction dates: July 17, 2026 (tax withholding) and July 20, 2026 (open-market sales).
• Prices/values: 19,898 @ $114.05 = $2,269,367 (tax withholding); 1,568 @ $114.15 = $178,987; 2,486 @ $115.11 = $286,163; 500 @ $115.79 = $57,895. Total ≈ $2,792,412.
• Shares owned after transaction: Not disclosed in the provided excerpt (see full Form 4 for total holdings).
• Footnotes: The 19,898-share transaction represents shares withheld for tax on RSUs (F1). The July 20 open-market sales were made under a 10b5-1 plan dated Sept 4, 2025 (F2). Reported prices for the market sales are weighted averages with price ranges: $113.63–$114.58 (F3), $114.69–$115.63 (F4), and $115.69–$115.92 (F5).
• Filing timeliness: Form filed July 20, 2026; appears filed within the typical two-business-day window for Form 4 reporting.

Context

• The largest piece of this activity (19,898 shares) was a tax-withholding event tied to RSU settlement — a routine administrative disposition that does not necessarily signal a change in sentiment.
• The remaining shares were sold under a pre-established 10b5-1 trading plan, which is a pre-set instruction and is common for executives to avoid questions about timing.
• These transactions are sales (not purchases); sales are common for tax or diversification purposes and should be interpreted cautiously by investors.