Synaptics (SYNA) SVP Satish Ganesan: 147 Shares Withheld for Taxes

What Happened

• Satish Ganesan, Senior Vice President, General Manager of the Edge Interface & Sensing Division and Chief Strategy Officer at Synaptics, had 147 shares of Synaptics common stock withheld by the company to satisfy tax withholding related to the settlement of restricted stock units. The shares were valued at $91.12 each, totaling roughly $13,395. This is a tax-withholding transaction (not an open-market sale or purchase) and is typically routine following an equity award vesting.

Key Details

• Transaction date: 2026-09-17; Filing date: 2026-09-18 (timely filing)
• Transaction type/code: F — shares withheld to satisfy tax obligations on RSU settlement
• Amount: 147 shares withheld at $91.12 per share; total value ≈ $13,395
• Shares owned after transaction: Not disclosed in the provided filing excerpt
• Footnote: F1 clarifies shares were withheld by the issuer to satisfy tax withholding associated with RSU settlement

Context

• This was a tax-withholding (cashless) action tied to RSU settlement, not a sale or purchase indicating a change in investment stance. Such withholdings are routine and reflect the employer covering tax obligations on vested equity rather than the insider actively selling shares.