Synaptics' Chief Strategy Officer Disposed of Stock as 45,910 Shares Vested. Here's What to Know.

Satish Ganesan, Chief Strategy Officer at Synaptics, sold 15,954 shares worth $1.8 million on August 17 to cover tax withholding obligations from vesting equity awards. This non-discretionary transaction does not reflect a change in his view of the company. Synaptics is set to be acquired by onsemi in a $7 billion all-stock deal, with shareholders receiving 1.350 onsemi shares per Synaptics share.