Rizvi Ken 4

What Happened
Ken Rizvi, Senior Vice President and Chief Financial Officer of Synaptics (SYNA), had 3,317 shares withheld by the company on 2026-02-17 to satisfy tax withholding obligations related to the settlement of restricted and performance stock units. The shares were recorded at $85.40 each, for a notional value of approximately $283,272. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: 2026-02-17; Filing date: 2026-02-18 (timely filing).
• Price per share: $85.40; Shares withheld/disposed: 3,317; Total value ≈ $283,272.
• Footnote: F1 — shares were withheld by the issuer to satisfy tax withholding on RSU/PSU settlement.
• Shares owned after transaction: not disclosed in the provided filing.
• Transaction type: tax withholding (F) — routine administrative disposition, not a sale signaling a change in holdings strategy.

Context
This is a common cashless-style settlement mechanic where the company retains shares to cover required taxes when restricted or performance shares vest. Because the shares were withheld by the issuer rather than sold on the open market by the insider, this transaction generally carries less interpretive weight about the insider’s market view than a voluntary sale or purchase.