Form 4: Synchrony Financial Director Acquires Dividend Equivalent Units

Director Leonard Alves Paget acquired 123 dividend equivalent units of Synchrony Financial at $65.29 each on February 18, 2025, bringing his total holdings to 46,654 units.

Summary

• On February 18, 2025, Leonard Alves Paget, a director of Synchrony Financial, acquired 123 dividend equivalent units.
• The price per unit was $65.29.
• This acquisition increased his direct holdings to 46,654 dividend equivalent units.
• The dividend equivalent units were accrued as dividends paid on common shares underlying restricted stock units and deferred stock units previously granted to the reporting person under the Company's Long-Term Incentive Plans and Non-Employee Director Deferred Compensation Plan.
• Each dividend equivalent unit is the economic equivalent of one share of Synchrony Financial common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests between management and shareholders.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider activity.

Key Dates

Keywords

Synchrony Financial, Dividend Equivalent Units, Director, Form 4, Acquisition, SYF, Insider Trading