secwatch.observer — SEC 8-K summary
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Issuer:     SYNAPTICS Inc (SYNA)
CIK:        0000817720
Form:       8-K
Filed at:   2025-04-18T23:59:59+00:00
Accession:  0000817720-25-000030
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Synaptics adopts revised indemnification and severance agreements; grants retention RSUs
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/817720/000081772025000030/0000817720-25-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/817720/000081772025000030/syna-20250417.htm
  HTML page:      https://secwatch.observer/filing/0000817720-25-000030

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer