Synaptics Director Departs; Board Changes Announced
Ticker: SYNA · Form: 8-K · Filed: May 21, 2025 · CIK: 817720
| Field | Detail |
|---|---|
| Company | Synaptics Inc (SYNA) |
| Form Type | 8-K |
| Filed Date | May 21, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-changes, director-departure, officer-compensation
Related Tickers: SYNA
TL;DR
Synaptics board shake-up: Director Schanbacher out, new directors in.
AI Summary
On May 19, 2025, Synaptics Incorporated filed an 8-K report detailing the departure of Director Michael H. Schanbacher, effective May 15, 2025. The filing also covers the election of new directors and updates to compensatory arrangements for certain officers.
Why It Matters
Changes in board composition can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing primarily concerns routine board and officer changes, with no immediate financial distress or significant operational shifts indicated.
Key Players & Entities
- Synaptics Incorporated (company) — Registrant
- Michael H. Schanbacher (person) — Departing Director
- May 19, 2025 (date) — Report Date
- May 15, 2025 (date) — Director Departure Effective Date
FAQ
Who is Michael H. Schanbacher and what was his role at Synaptics?
Michael H. Schanbacher was a Director at Synaptics Incorporated, and his departure was effective May 15, 2025.
What other items are covered in this 8-K filing besides the director's departure?
The filing also covers the election of directors and compensatory arrangements of certain officers.
When was this 8-K report filed with the SEC?
The report was filed on May 21, 2025, with the earliest event reported being May 19, 2025.
What is Synaptics Incorporated's state of incorporation and fiscal year end?
Synaptics Incorporated is incorporated in Delaware and its fiscal year ends on June 26.
What is the SIC code for Synaptics Incorporated?
The Standard Industrial Classification (SIC) code for Synaptics Incorporated is 3674, which corresponds to Semiconductors & Related Devices.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on May 21, 2025 by Michael H. Schanbacher regarding SYNAPTICS Inc (SYNA).