A Synaptics Insider Filing Lands as a $7.8 Billion Combined Company Takes Shape
Esther Song disposed of shares valued at $152,792, with most withheld for tax obligations tied to restricted stock unit settlement.
Overview
Esther Song, vice president and corporate controller at Synaptics Incorporated (NASDAQ:SYNA), reported a disposal of 1,409 shares of common stock on August 17 and August 18, according to an SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($108.44); post-transaction value based on the August 18 market close ($104.83).
Details
Synaptics Incorporated is a global semiconductor solutions provider with a market capitalization of $4.1 billion, employing 1,700 professionals across its San Jose headquarters and international operations. The company maintains a diversified product portfolio addressing critical interface and connectivity requirements in consumer and computing applications, positioning itself as a specialized provider of human-machine interface and multimedia transmission technologies. Despite current net losses reflecting industry cyclicality and integration costs, Synaptics' TTM revenue of $1.2 billion reflects its established market presence and the persistent demand for advanced audio, video, and connectivity solutions across multiple end markets.
Source
Originally published at www.fool.com.