Ganesan Satish, a Senior Vice President at Synaptics, Inc., has reported a stock transaction involving 1,465 shares of the company's common stock. This transaction is significant as it reflects ongoing changes in executive stock ownership and tax obligations associated with restricted stock units.
Background
Ganesan Satish is an executive at Synaptics Inc, a company involved in the semiconductor and related devices industry, classified under the SIC code 3674. The company is based in San Jose, California, and is known for its innovations in the semiconductor sector. The recent filing is part of a series of reports submitted by Satish, highlighting his ongoing transactions related to the company's stock.
What the Filing Says
The filing, accession number 0002014633-26-000022, details that on October 17, 2026, Satish acquired 1,465 shares of common stock at a price of $117.18 per share. The filing notes, "Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations associated with the settlement of restricted stock units." Following this transaction, Satish holds a total of 86,070 shares.
Impact
This transaction may affect stakeholders within Synaptics, including investors and employees, as it underscores the company's approach to managing stock options and tax obligations. As a Senior Vice President and Chief Strategy Officer, Satish's actions could influence perceptions of executive compensation and stock ownership within the semiconductor industry.
What's Next
The filing does not say what happens next.