Form 4: Discover Financial Services Executive Keith E. Toney Reports Stock Transaction
SEC Form 4 Filing
Keith E. Toney, an executive at Discover Financial Services, reported a transaction involving the withholding of shares to cover tax obligations.
Summary
- On February 1, 2025, Keith E. Toney, EVP, Pres.-Credit & Dec. Mgmt. of Discover Financial Services, had 1,222 shares of common stock withheld to cover tax obligations.
- The price per share was $201.09.
- Following the transaction, Toney directly owns 70,630 shares of Discover Financial Services common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to tax withholding, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 02/01/2025 | Date of stock transaction (tax withholding) |
| 02/04/2025 | Date of signature on the Form 4 filing |
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