Synaptics Amends Filing on CEO Departure and Severance
Ticker: SYNA · Form: 8-K/A · Filed: Mar 14, 2025 · CIK: 817720
| Field | Detail |
|---|---|
| Company | Synaptics Inc (SYNA) |
| Form Type | 8-K/A |
| Filed Date | Mar 14, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-departure, severance, amendment
Related Tickers: SYNA
TL;DR
Synaptics filed an amendment clarifying CEO Michael Hurlston's exit package: severance and stock awards detailed.
AI Summary
Synaptics Incorporated filed an 8-K/A on March 14, 2025, to amend a previous filing concerning the departure of certain officers and compensatory arrangements. The amendment specifically addresses the departure of Michael Hurlston as President and CEO, effective January 28, 2025, and details his separation agreement, including severance payments and stock awards.
Why It Matters
This amendment provides updated details on the financial implications of Michael Hurlston's departure, including the specific severance package he will receive.
Risk Assessment
Risk Level: medium — Amendments to filings regarding executive departures can sometimes signal underlying issues or changes within the company's leadership structure.
Key Players & Entities
- Synaptics Incorporated (company) — Registrant
- Michael Hurlston (person) — Former President and CEO
- January 28, 2025 (date) — Effective date of departure
- March 14, 2025 (date) — Filing date of amendment
FAQ
What specific items are being amended in this 8-K/A filing?
This 8-K/A filing amends Item 5.02 (Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers) and Item 9.01 (Financial Statements and Exhibits) of the original Form 8-K.
Who is the officer whose departure is detailed in this amendment?
The amendment details the departure of Michael Hurlston, who was the President and Chief Executive Officer.
When was Michael Hurlston's departure effective?
Michael Hurlston's departure was effective as of January 28, 2025.
What is the purpose of the amendment regarding Mr. Hurlston's departure?
The amendment provides further details regarding Mr. Hurlston's separation agreement, including information about severance payments and stock awards.
What is the filing date of this amended report?
This amended report (8-K/A) was filed on March 14, 2025.
Filing Details
This Form 8-K/A (Form 8-K/A) was filed with the SEC on March 14, 2025 by Michael Hurlston regarding SYNAPTICS Inc (SYNA).