Form 4: Synchrony Financial Director Kamila K Chytil Reports Dividend Equivalent Unit Acquisition

Director Kamila K Chytil reported the acquisition of 13 dividend equivalent units related to restricted stock units of Synchrony Financial.

Summary

• On February 18, 2025, Kamila K Chytil, a director of Synchrony Financial, acquired 13 dividend equivalent units.
• These units were accrued as dividends paid on common shares underlying restricted stock units.
• The price per dividend equivalent unit was $65.29.
• Following the transaction, Chytil directly owns 12,872 dividend equivalent 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.
• Each dividend equivalent unit is the economic equivalent of one share of Synchrony Financial common stock.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing detailing a standard transaction. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the holdings and transactions of company directors.

Key Dates

Keywords

Synchrony Financial, Director, Kamila K Chytil, Dividend Equivalent Units, Restricted Stock Units, Form 4, Beneficial Ownership