Form 4: Synchrony Financial Director Acquires Dividend Equivalent Units

Sentiment:

SEC Form 4 Filing


Kamila K. Chytil, a director of Synchrony Financial, acquired 17 dividend equivalent units on May 15, 2025, at a price of $60.49 per unit.

Summary

  • On May 15, 2025, Kamila K. Chytil, a director of Synchrony Financial, acquired 17 dividend equivalent units.
  • The price per dividend equivalent unit was $60.49.
  • These units were accrued as dividends paid on the common shares underlying restricted stock units.
  • The dividend equivalent units vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted stock units to which they relate.
  • Following the transaction, Chytil directly owns 13,928 dividend equivalent units.
  • Each dividend equivalent unit is the economic equivalent of one share of Synchrony Financial common stock.

Sentiment

Score: 5

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

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders. This specific filing indicates a director's acquisition of dividend equivalent units, which are tied to the performance of the underlying common stock.

Key Dates

DateDescription
05/15/2025Date of transaction: Acquisition of dividend equivalent units.
05/19/2025Date of signature on the Form 4 filing.

Keywords

Synchrony Financial, Director, Dividend Equivalent Units, Beneficial Ownership, Form 4, Chytil, SYF

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