Synaptics adopts revised indemnification and severance agreements; grants retention RSUs

SYNAPTICS Inc

New indemnification agreements for directors and officers effective April 17, 2025, replacing prior agreements.
New change-in-control/severance agreements for executives with enhanced benefits during CEO transition.
Non-CIC severance: CEO gets 1.5x salary + 100% target bonus; other NEOs get 1x salary + prorated bonus.
CIC severance: CEO gets 2x salary + 200% bonus; others get 1.5x salary + 150% bonus.
Retention RSUs granted: Rizvi 21,854, Gupta 23,415, Bodensteiner 15,610, Ganesan 21,854; vest 50% year 1, remainder quarterly.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.