A senior executive at Synaptics Inc. sold shares worth $404,153 as part of a prearranged trading plan, according to regulatory filings.
Vikram Gupta, Synaptics' senior vice president, general manager of the Edge Compute & Connectivity Division and chief product officer, disposed of 4,277 common shares on August 25, 2026. The shares were sold at prices ranging from $94.06 to $95.00 per share, with a weighted average of $94.51. Gupta retained 99,191 Synaptics shares following the transaction.
The sale was executed under a 10b5-1 trading plan established on September 12, 2025, which allows insiders to schedule trades in advance to avoid allegations of insider trading. Synaptics' stock closed at $95.95 on the day of the sale, down about 6% over the prior week but up 28% for the year.
The disposal comes as Synaptics prepares for its pending acquisition by onsemi, a semiconductor manufacturer. Under the terms of the all-stock deal announced in June 2024, Synaptics shareholders will receive 1.35 onsemi shares for each Synaptics share, valuing the transaction at approximately $7 billion. The offer represents a 19% premium based on Synaptics' recent trading prices, and Synaptics shareholders are expected to hold about 12% of the combined entity post-transaction.
Analysts have adjusted their outlook on Synaptics in light of the acquisition. Deutsche Bank downgraded the stock to
