Form 4: Synchrony Financial Director Roy A. Guthrie Reports Dividend Equivalent Unit Acquisition
SEC Form 4 Filing
Director Roy A. Guthrie reported the acquisition of dividend equivalent units related to restricted stock units of Synchrony Financial.
Summary
- On May 15, 2024, Roy A. Guthrie, a director of Synchrony Financial, acquired 26 dividend equivalent units at a price of $44.14 per unit.
- These units are related to dividends paid on common shares underlying restricted stock units and vest proportionately with those units.
- Following the transaction, Mr. Guthrie directly owns 54,222 dividend equivalent units.
- Mr. Guthrie also indirectly owns 10,000 shares of Synchrony Financial common stock through Guthrie 2012 Investments LP, where he serves as the Investment Manager, but disclaims beneficial ownership except to the extent of his pecuniary interest.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a transaction by a company director, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and provides transparency regarding the holdings of company directors.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it involves dividend equivalent units related to existing restricted stock units.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of transaction: Acquisition of dividend equivalent units. |
| 05/17/2024 | Date of signature on the Form 4 filing. |
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