secwatch.observer — SEC 8-K summary
======================================

Issuer:     SYNAPTICS Inc (SYNA)
CIK:        0000817720
Form:       8-K
Filed at:   2025-05-21T23:59:59+00:00
Accession:  0000817720-25-000046
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Synaptics appoints Rahul Patel as President and CEO, effective June 2, 2025
---------------------------------------------------------------------------

- Patel previously SVP/Group GM at Qualcomm's Connectivity, Broadband & Networking Group; 13 years at Broadcom.
- Interim CEO Ken Rizvi returns to CFO role; Patel also joins Board of Directors.
- Compensation: $800k base salary, 125% bonus target, $1.85M sign-on cash bonus subject to clawback.
- Equity awards valued at $15M ($10M + $5M make-whole RSUs) with multi-year vesting schedules.
- Severance provides 1.5x salary (without cause/good reason) or 2x salary plus 200% bonus on change-in-control.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/817720/000081772025000046/0000817720-25-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/817720/000081772025000046/syna-20250519.htm
  HTML page:      https://secwatch.observer/filing/0000817720-25-000046

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