Flash FinanceUS
After hours S&P 5007,549.94+2.35% Nasdaq25,253.14+2.74% Dow 3052,389.75+2.15% Russell 20002,840.81+3.15% Nasdaq-10027,907.62+3.40% MidCap 4003,715.23+3.13% SmallCap 6001,722.37+2.89% VIX19.92-22.31% 10Y Yield4.86+0.10% Close of Nov 09, 2026
AI brief of an SEC Form 8-K · Synaptics (SYNA)

Synaptics adopts new indemnification, severance and retention awards for executives and directors

Neutral Impact 3 of 5 leadership Written later

Synaptics updated its indemnification agreements for directors and officers and adopted new change-in-control and severance agreements for executives, all effective April 17, 2025. The board also granted retention restricted stock units to named executives during the period the company is searching for a permanent CEO, after its CEO resigned in February 2025.

Key points

  • Retention RSU grants on April 17, 2025: 21,854 to Ken Rizvi, 23,415 to Vikram Gupta, 15,610 to Lisa Bodensteiner and 21,854 to Satish Ganesan.
  • Retention units vest 50% on the first anniversary of the grant date, with the rest in equal quarterly installments over the following year.
  • Severance for a CEO in a change-in-control period is 2x base salary plus 200% of target bonus; other executives receive 1.5x base salary plus 150% of target bonus.
  • Ken Rizvi serves as Interim CEO and CFO following the CEO's resignation announced February 3, 2025.

The filing

CompanySynaptics (SYNA)
Form8-K, current report
Filed with the SECApr 18, 2025, 4:58 PM ET
Accession number0000817720-25-000030

Items reported: 1.01 Material Definitive Agreement5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 18, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.