Form 4: Synchrony Financial Director Colao Acquires Dividend Equivalent Units
SEC Form 4 Filing
Director Daniel O. Colao acquired 9 dividend equivalent units of Synchrony Financial on May 15, 2025, at a price of $60.49 per unit.
Summary
- On May 15, 2025, Daniel O. Colao, a director of Synchrony Financial, acquired 9 dividend equivalent units.
- The price per dividend equivalent unit was $60.49.
- Following the transaction, Colao directly owns 1,686 dividend equivalent units.
- These units are related to dividends paid on common shares underlying restricted stock units and vest proportionately with those units.
- The dividend equivalent units are the economic equivalent of one share of Synchrony Financial common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
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 often part of executive compensation packages.
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, Director, Dividend Equivalent Units, Form 4, Beneficial Ownership, Colao, SYF
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