Form 4: Synchrony Financial Director Roy A. Guthrie Reports Dividend Equivalent Unit Acquisition

Director Roy A. Guthrie reports the acquisition of dividend equivalent units and indirect ownership of Synchrony Financial common stock.

Summary

• On February 18, 2025, Roy A. Guthrie, a director of Synchrony Financial, acquired 122 dividend equivalent units at a price of $65.29 per unit.
• These units were accrued as dividends paid on common shares underlying restricted stock units and deferred stock units previously granted to Mr. Guthrie under the company's incentive plans.
• Following the transaction, Mr. Guthrie directly owns 34,981 dividend equivalent units.
• Mr. Guthrie also indirectly owns 34,106 shares of Synchrony Financial common stock through Guthrie 2012 Investments LP, where he serves as the Investment Manager.
• He disclaims beneficial ownership of these shares except to the extent of his direct pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting insider transactions, which is neutral in sentiment.

Industry Context

This filing is a routine disclosure related to insider transactions and is required by the SEC to ensure transparency in the market. It provides information about the holdings and transactions of company insiders, allowing investors to make informed decisions.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the transactions of company insiders.

Key Dates

Keywords

Synchrony Financial, Director, Roy A. Guthrie, Dividend Equivalent Units, Beneficial Ownership, Form 4, SEC Filing