Synaptics Senior Vice President and Chief Strategy Officer Satish Ganesan disposed of 1,465 shares of common stock on July 17, 2026, in a non-discretionary transaction to cover tax obligations related to the settlement of restricted stock units. The shares were valued at about $167,000 based on an execution price of $114.05 per share, reducing his direct equity holdings by 2%. Ganesan continues to hold 61,834 shares directly, worth approximately $7.1 million at the market close. The company is pivoting toward the internet of things and edge computing, with core IoT sales jumping 31% last quarter and full-year IoT revenue expected to exceed $385 million, a more than 40% increase.
Synaptics IncorporatedCore IoT sales jumped 31% last quarter, full-year IoT revenue expected to exceed $385M, a >40% increase.