Synaptics (SYNA) SVP Satish Ganesan Receives Awards; 15,954 Shares Withheld

What Happened

• Satish Ganesan, Senior Vice President, General Manager Edge Interface & Sensing Division and Chief Strategy Officer at Synaptics, was granted a total of 45,910 equity awards (15,267 and 30,643 shares) on August 17, 2026 (awards reported at $0.00). On the same date 15,954 shares were withheld by the company to satisfy tax-withholding obligations at an implied price of $110.58 per share, totaling $1,764,193.
• These were awards (restricted stock units / performance & market stock units) rather than open-market purchases or voluntary sales; the withholding is a routine tax-related disposition, not an independent sale.

Key Details

• Transaction date: August 17, 2026; Form 4 filed August 19, 2026 (appears timely).
• Awards granted: 15,267 RSU-type units and 30,643 RSU/PSU/MSU-type units (total 45,910) reported as acquisitions at $0.00.
• Shares withheld for taxes: 15,954 shares disposed at $110.58 each = $1,764,193 (tax withholding; transaction code F).
• Vesting: Footnote indicates a multi-year vesting schedule — one-third vests on the first anniversary after a vesting commencement date of Aug 17, 2026, then one-twelfth each quarter until fully vested on Aug 17, 2029.
• Footnotes: F2 notes these include earned performance and market stock units; F3 confirms the withheld shares satisfy tax withholding on settlement.
• Shares owned after transaction: Not disclosed in the provided filing.

Context

• These transactions are equity awards and a tax-withholding disposition. The grants indicate compensation/retention awards, not an outright purchase (which some investors view as a stronger bullish signal). The withheld shares represent the company taking back shares to cover tax liabilities upon settlement/vesting — a common administrative step and not a market sale intended as liquidity.