Form 4: Synchrony Director Acquires 149 Dividend Equivalent Units

Synchrony Financial Director Paget Leonard Alves acquired 149 dividend equivalent units on November 17, 2025, increasing total beneficial ownership to 49,751 units.

Summary

• Paget Leonard Alves, a Director of Synchrony Financial (SYF), acquired 149 Dividend Equivalent Units.
• The transaction occurred on November 17, 2025, with a price of $70.47 per unit.
• These units represent dividend equivalents accrued on common shares underlying previously granted restricted stock units and deferred stock units under the Company's Long-Term Incentive Plans and Non-Employee Director Deferred Compensation Plan.
• Each dividend equivalent unit is economically equivalent to one share of Synchrony Financial common stock.
• Following this transaction, Paget Leonard Alves beneficially owns a total of 49,751 Dividend Equivalent Units.

Sentiment

Score: 6

Explanation: Slightly positive due to increased insider ownership alignment, but largely neutral as it's a routine compensation event with no material impact on company operations or financial outlook.

Positives

• The acquisition of dividend equivalent units increases the director's beneficial ownership, further aligning their interests with those of shareholders.
• This transaction reflects the routine accrual of compensation as part of the company's established long-term incentive and deferred compensation plans for non-employee directors.

Negatives

• None identified in this routine insider transaction report.

Risks

• No specific risks are mentioned in this Form 4 filing, which primarily reports an insider transaction.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This Form 4 filing details a routine insider transaction related to director compensation, which is a standard practice across publicly traded companies. It does not provide information directly related to broader industry trends or competitive landscape.

Comparison to Industry Standards

• Not applicable for this type of routine insider transaction report, which focuses on individual compensation accruals rather than company performance metrics or project results.

Stakeholder Impact

• Shareholders: The increase in director's beneficial ownership through dividend equivalent units further aligns the director's financial interests with those of the shareholders.

Key Dates

Keywords

Synchrony Financial, SYF, Insider Transaction, Form 4, Director Compensation, Dividend Equivalent Units, Equity Compensation, Beneficial Ownership