Lou Ferraro - 13 Feb 2026 Form 4 Insider Report for SYNCHRONOSS TECHNOLOGIES INC (SNCR)

Role
Chief Financial Officer
Signature
/s/ Lou Ferraro
Issuer symbol
SNCR
Transactions as of
13 Feb 2026
Net transactions value
$0
Form type
4
Filing time
13 Feb 2026, 16:12:07 UTC
Previous filing
30 May 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Ferraro Lou Chief Financial Officer 200 CROSSING BOULEVARD, 8TH FLOOR, BRIDGEWATER /s/ Lou Ferraro 13 Feb 2026 0001877926

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNCR Common Stock Disposed to Issuer -132,979 -100% 0 13 Feb 2026 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SNCR Stock Option (Right to Buy) Disposed to Issuer -921 -100% 0 13 Feb 2026 Common Stock 921 $61.92 Direct F2, F3, F4
transaction SNCR Stock Option (Right to Buy) Disposed to Issuer -2,302 -100% 0 13 Feb 2026 Common Stock 2,302 $48.87 Direct F2, F3, F4
transaction SNCR Stock Option (Right to Buy) Disposed to Issuer -2,778 -100% 0 13 Feb 2026 Common Stock 2,778 $33.66 Direct F2, F3, F4
transaction SNCR Stock Option (Right to Buy) Disposed to Issuer -3,304 -100% 0 13 Feb 2026 Common Stock 3,304 $26.46 Direct F2, F3, F4
transaction SNCR Stock Option (Right to Buy) Disposed to Issuer -2,223 -100% 0 13 Feb 2026 Common Stock 2,223 $26.19 Direct F2, F3, F4
transaction SNCR Stock Option (Right to Buy) Disposed to Issuer -2,421 -100% 0 13 Feb 2026 Common Stock 2,421 $10.71 Direct F2, F3, F4
transaction SNCR Stock Option (Right to Buy) Disposed to Issuer -2,778 -100% 0 13 Feb 2026 Common Stock 2,778 $14.85 Direct F2, F3, F4
transaction SNCR Stock Option (Right to Buy) Disposed to Issuer -1,852 -100% 0 13 Feb 2026 Common Stock 1,852 $9.90 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Lou Ferraro is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The shares were disposed of pursuant to the Agreement and Plan of Merger, dated as of December 3, 2025 (the "Merger Agreement"), by and among the Issuer, Lumine Group US Holdco Inc., a Delaware corporation, and Skyfall Merger Sub Inc., a Delaware corporation, whereby, at the effective time of the merger contemplated therein (the "Effective Time"), all issued and outstanding shares of Issuer common stock were cancelled and automatically converted into the right to receive $9.00 per share in cash, without interest (the "Merger Consideration").
F2 The number of derivative shares reported in this Form 4 account for the one-for-nine Reverse Stock Split effected by the Issuer on December 11, 2023 (the "Reverse Stock Split"). No fractional shares were issued in connection with the Reverse Stock Split . Any fractional shares that would have resulted from the Reverse Stock Split were rounded up to the nearest whole number.
F3 As of the Effective Time, all outstanding options have vested and are fully exercisable.
F4 Pursuant to the Merger Agreement, each vested stock option was cancelled and automatically converted into the right to receive an amount in cash determined by multiplying (x) the excess, if any, of the Merger Consideration over the applicable exercise price of such option by (y) the number of vested shares subject to such option (the "Option Payment"), less all applicable deductions and withholdings required by law to be withheld in respect of such payment; provided, however, that the Option Payment for each option with an exercise price equal to or greater than $9.00 was $0 and such option was cancelled for no consideration.