Chan Nelson, a director at Synaptics Inc, has reported acquiring 1,782 shares of the company, bringing his total ownership to 47,501 shares. This transaction, filed on November 3, 2026, is significant as it indicates Nelson's ongoing commitment to the company amid the evolving semiconductor landscape.
Synaptics Inc, known for its innovations in the semiconductor sector, operates under the SIC classification of Semiconductors & Related Devices. The company, incorporated in Delaware, has its headquarters located at 1109 McKay Drive, San Jose, California.
The filing states that the acquisition took place on November 2, 2026. It is noted that one-fourth of the total number of restricted stock units will vest each quarter until fully vested on November 2, 2027, or for a Director not standing for re-election, the date of the Issuer's 2027 Annual Meeting of Stockholders. The transaction was reported under the SEC Act of 1934.
This acquisition may affect Synaptics' investor relations and market perception, as it demonstrates insider confidence in the company's future. However, the filing does not specify what actions will follow this transaction.
Details were not available in the SEC filing regarding future plans or additional filings.
Details of the Transaction
The acquisition of 1,782 shares by Chan Nelson was classified as a direct ownership transaction, indicating that he holds these shares outright. The transaction was coded as 'A', which signifies an acquisition of shares.
Following this transaction, Nelson's total ownership of Synaptics Inc shares increased to 47,501. The filing indicates that the shares were acquired at a price of $0 per share, which suggests that this transaction may involve restricted stock units that were converted into common stock.
Company Information
Synaptics Inc, which operates under the trading symbol SYNA, is classified under the SIC code for Semiconductors & Related Devices. The company is incorporated in Delaware and has a fiscal year ending on June 26. The business address remains consistent with the reporting address: 1109 McKay Drive, San Jose, California, 95131-1706.
"The nature of the ownership is direct, and the transaction was reported under the SEC Act of 1934, ensuring compliance with regulatory requirements for insider transactions."
The filing does not provide information on Chan Nelson's past transactions or any potential future plans regarding his holdings in Synaptics Inc.
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