Why Synaptics' Product Chief Filing Connects to Core IoT Sales Growing 24%
The majority of this activity was non-discretionary tax withholding on vesting equity.
Overview
Vikram Gupta, chief product officer at Synaptics Incorporated (NASDAQ:SYNA), disclosed the disposition of 21,982 shares of common stock on August 17 and August 18, according to a recent SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($109.23); post-transaction value based on the August 18 market close ($104.83).
Details
Synaptics Incorporated is a global semiconductor solutions provider with approximately 1,700 employees and a market capitalization of $4.1 billion. The company leverages its expertise in human-machine interface technologies and signal processing to deliver differentiated semiconductor products that address critical functionality requirements in consumer and enterprise markets. With TTM revenue of $1.2 billion, Synaptics maintains a strategic focus on innovation in audio, video, display, and connectivity solutions that enable enhanced device performance and user experience.
Source
Originally published at www.fool.com.