Form 4: Synchrony Financial Director Acquires Dividend Equivalent Units
SEC Form 4 Filing
Director Jeffrey G. Naylor acquired 156 dividend equivalent units of Synchrony Financial on February 18, 2025, at a price of $65.29 per unit.
Summary
- On February 18, 2025, Jeffrey G. Naylor, a director of Synchrony Financial, acquired 156 dividend equivalent units.
- The price per dividend equivalent unit was $65.29.
- These units were accrued as dividends paid on common shares underlying restricted stock units and deferred stock units previously granted to Naylor under the company's Long-Term Incentive Plans and Non-Employee Director Deferred Compensation Plan.
- Following the transaction, Naylor beneficially owns 86,730 securities.
- The filing was signed by Danielle Do, as attorney in fact, on February 20, 2025.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to insider transactions, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders, such as directors and officers, trade in their company's stock. This filing indicates routine compensation-related transactions.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Date of transaction: Jeffrey G. Naylor acquired 156 dividend equivalent units. |
| 02/20/2025 | Date of signature: Form 4 signed by Danielle Do, as attorney in fact. |
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