Form 4: Synchrony Financial Director Acquires Dividend Equivalent Units
SEC Form 4 Filing
Director Jeffrey G. Naylor acquired 210 dividend equivalent units of Synchrony Financial at $60.49 each on May 15, 2025.
Summary
- On May 15, 2025, Jeffrey G. Naylor, a director of Synchrony Financial, acquired 210 dividend equivalent units.
- The price per unit was $60.49.
- 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 incentive plans.
- Following the transaction, Naylor beneficially owns 88,570 dividend equivalent units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing an insider transaction, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors and their alignment with shareholder interests.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding director compensation and equity ownership.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of transaction: Acquisition of dividend equivalent units |
| 05/19/2025 | Date of signature on the Form 4 filing |
Keywords
Synchrony Financial, Dividend Equivalent Units, Director, Acquisition, Form 4, SYF, Jeffrey G. Naylor
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