ON Semiconductor Corporation
ON · Technology
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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.
Synaptics' Top Lawyer Sold Stock as a $7 Billion Merger Moves Toward Closing. Here's What to Know
Synaptics' Chief Legal Officer Lisa Bodensteiner sold 20,274 shares worth $2.2 million on August 17-18, 2026. The sale included 14,218 shares withheld for taxes on vested equity awards and 6,056 shares sold under a pre-established Rule 10b5-1 trading plan from September 2025. The transaction occurred as Synaptics moves toward closing its $7 billion all-stock acquisition by onsemi, expected in mid-2027. Bodensteiner's position grew overall after acquiring 41,734 shares through vesting two days prior.