Form 4: Synchrony Financial Director Acquires Dividend Equivalent Units
SEC Form 4 Filing
Director P.W. Parker acquired 13 dividend equivalent units of Synchrony Financial on February 18, 2025, at a price of $65.29 per unit.
Summary
- On February 18, 2025, P.W. Parker, a director of Synchrony Financial, acquired 13 dividend equivalent units.
- The price per dividend equivalent unit was $65.29.
- These units are related to dividends paid on common shares underlying restricted stock units and vest proportionately with those units.
- Following the transaction, Parker directly owns 29,429 Synchrony Financial securities.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment. It simply reports a transaction by a company director.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can be an indicator of their confidence in the company's prospects.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Date of transaction: Acquisition of dividend equivalent units. |
| 02/20/2025 | Date of signature on the Form 4 filing. |
Keywords
Synchrony Financial, Director, Dividend Equivalent Units, Acquisition, Form 4, Beneficial Ownership, Securities
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