Form 4: Synchrony Financial Director Laurel Richie Acquires Dividend Equivalent Units
SEC Form 4 Filing
Director Laurel Richie acquired 26 dividend equivalent units of Synchrony Financial on May 15, 2024.
Summary
- On May 15, 2024, Laurel Richie, a director of Synchrony Financial, acquired 26 dividend equivalent units.
- The price of the acquisition was $44.14 per unit.
- Following the transaction, Richie directly owns 42,024 dividend equivalent units.
- These dividend equivalent units accrued as dividends paid on common shares underlying restricted stock units, vesting proportionately and subject to the same terms as the related restricted stock units.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, reflecting a standard transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of transaction: Laurel Richie acquired 26 dividend equivalent units. |
| 05/17/2024 | Date of signature on the Form 4 filing. |
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