Insider Trading April 21, 2026 10:16 AM

Synaptics Legal Chief Sells $147,200 in Shares Under 10b5-1 Plan

SVP and Chief Legal Officer Lisa Bodensteiner disposes 1,798 shares while company withholds 4,210 shares for tax obligations; recent earnings topped estimates

By Ajmal Hussain SYNA
Synaptics Legal Chief Sells $147,200 in Shares Under 10b5-1 Plan
SYNA

Lisa Bodensteiner, Synaptics' Senior Vice President, Chief Legal Officer and Corporate Secretary, sold 1,798 shares of company stock on April 20, 2026 under a pre-arranged 10b5-1 plan for about $147,200. Separately, 4,210 shares were withheld by Synaptics on April 17, 2026 to cover tax withholdings tied to RSU settlement. The company's latest quarter beat EPS and revenue estimates, though the stock fell after the report.

Key Points

  • Lisa Bodensteiner sold 1,798 shares under a 10b5-1 plan on April 20, 2026, for approximately $147,200 - impacts equity ownership monitoring and insider activity tracking.
  • Separately, 4,210 shares were withheld by Synaptics on April 17, 2026 for tax obligations tied to RSU settlement, resulting in $337,726 of disposed shares.
  • Synaptics reported fiscal Q2 2026 results that beat estimates - EPS $1.21 versus $1.15 expected and revenue $302.5 million versus $300.05 million expected; stock declined after the announcement.

Lisa Bodensteiner, who serves as Senior Vice President, Chief Legal Officer and Corporate Secretary at SYNAPTICS Inc. (NASDAQ: SYNA), completed sales totaling 1,798 shares of the company’s common stock on April 20, 2026. The aggregate proceeds from those sales were approximately $147,200. According to the disclosures, the transactions were carried out pursuant to a pre-arranged 10b5-1 trading plan.

In a related transaction dated April 17, 2026, SYNAPTICS withheld 4,210 shares to satisfy tax withholding obligations associated with the settlement of restricted stock units. Those withheld shares were disposed of at a reported price of $80.22 per share, producing total consideration of $337,726.


Details of the April 20 sales

The April 20 activity comprised two separate dispositions, both executed under a 10b5-1 Trading Plan dated September 9, 2025. The first involved the sale of 1,200 shares at a weighted average price of $81.38 per share. Those sales occurred in multiple transactions with prices ranging from $81.05 to $81.91, inclusive. The second tranche on April 20 consisted of 598 shares sold at a weighted average price of $82.85 per share, with individual sales executed between $82.53 and $83.05, inclusive.

Holdings after transactions

Following the reported sales and the withholding event, Bodensteiner is reported to directly own 65,183 shares of SYNAPTICS common stock.


Market context and recent performance

SYNAPTICS stock has shown notable recent momentum, rising 8.2% over the past week and trading at $87.18 at the time of the report, which the filing notes is well above the prices at which the insider transactions were executed. Over the trailing 12 months, the stock has returned approximately 70%, and the company carries a market capitalization of $3.37 billion.

Quarterly results

In earnings disclosures for the second quarter of fiscal 2026, Synaptics posted results that topped analysts’ predictions. The company reported earnings per share of $1.21, exceeding the expected $1.15, a positive surprise quantified as 5.22%. Revenue for the quarter was $302.5 million versus an expected $300.05 million. Despite those beats, the stock experienced a decline following the earnings announcement; the filings and related notes do not provide further detail on investor reaction or the magnitude of the price movement immediately after the report.


What is known and what is not

  • The filings make clear the April 20 sales were executed under a 10b5-1 plan dated September 9, 2025.
  • The company-confirmed withholding on April 17 was specifically to meet tax withholding obligations tied to restricted stock unit settlement.
  • Details about subsequent investor behavior or longer-term impact on the share price beyond the immediate post-earnings decline are not provided in the disclosures.

Investors and analysts will likely continue to monitor Synaptics’ operational performance, insider holdings, and market reaction to future disclosures. The reported transactions and the company’s quarterly beats are part of the public record, and any further interpretation of intent or longer-term effect is not contained in the filings that form the basis of this report.

Risks

  • Share price volatility following earnings announcements - the stock declined after the Q2 fiscal 2026 results, indicating potential near-term trading risk for equity holders (affects equity markets and technology sector).
  • Insider sales and company withholding reduce the executive's net holdings - changes in insider ownership can influence investor perception and liquidity in the issuer's shares (affects corporate governance monitoring and investor sentiment in the technology sector).
  • Limited detail on investor reaction and longer-term impact - filings do not specify the magnitude or drivers of the post-earnings price move, leaving uncertainty for market participants assessing valuation and sentiment (affects equity analysts and technology/semiconductor investors).

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