Form 4: Synchrony Financial Director Laurel Richie Acquires Dividend Equivalent Units

Director Laurel Richie acquired 107 dividend equivalent units of Synchrony Financial on February 18, 2025, at a price of $65.29 per unit.

Summary

• On February 18, 2025, Laurel Richie, a director of Synchrony Financial, acquired 107 dividend equivalent units.
• The price per unit was $65.29.
• These units were accrued as dividends paid on common shares underlying restricted stock units and deferred stock units previously granted to Richie under the company's Long-Term Incentive Plans and Non-Employee Director Deferred Compensation Plan.
• Following the transaction, Richie directly owns 46,058 Synchrony Financial securities.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, indicating standard insider activity. It doesn't inherently convey positive or negative sentiment.

Industry Context

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

Stakeholder Impact

• The transaction has minimal direct impact on stakeholders, as it involves the acquisition of dividend equivalent units by a director, reflecting compensation and alignment with shareholder interests.

Key Dates

Keywords

Synchrony Financial, Director, Dividend Equivalent Units, Form 4, Insider Trading, Laurel Richie, SYF, Acquisition