Form 4: Synchrony Financial Director Acquires Dividend Equivalent Units
SEC Form 4 Filing
Jeffrey G Naylor, a director at Synchrony Financial, acquired 41 dividend equivalent units at $45.89 each on August 15, 2024.
Summary
- On August 15, 2024, Jeffrey G Naylor, a director of Synchrony Financial, acquired 41 dividend equivalent units.
- The price per unit was $45.89.
- This acquisition increased Naylor's direct ownership to 81,351 dividend equivalent units.
- The dividend equivalent units were accrued as dividends paid on common shares underlying restricted stock units and vest proportionately with the restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a standard 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 confidence levels and potential future performance.
Stakeholder Impact
- The acquisition of dividend equivalent units by a director may signal confidence in the company's future performance to shareholders.
Key Dates
| Date | Description |
|---|---|
| 08/15/2024 | Date of transaction: Jeffrey G Naylor acquired dividend equivalent units. |
| 08/19/2024 | Date of signature on the Form 4 filing. |
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