Form 4: Synchrony Financial Director Acquires Dividend Equivalent Units

Director Leonard Alves Paget acquired 165 dividend equivalent units of Synchrony Financial at $60.49 on May 15, 2025.

Summary

• On May 15, 2025, Leonard Alves Paget, a director of Synchrony Financial, acquired 165 dividend equivalent units at a price of $60.49 per unit.
• These 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.
• Following the transaction, Alves Paget directly owns 47,858 dividend equivalent units.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, suggesting a neutral to slightly positive sentiment as it indicates ongoing participation in the company's equity.

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 a director's acquisition of dividend equivalent units, which are tied to underlying stock grants.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a standard part of director compensation.

Key Dates

Keywords

Synchrony Financial, Director, Dividend Equivalent Units, Form 4, Beneficial Ownership, SYF, Leonard Alves Paget