Form 4: Synchrony Financial Director Roy A. Guthrie Reports Dividend Equivalent Unit Acquisition
SEC Form 4 Filing
Director Roy A. Guthrie reports acquisition of dividend equivalent units and indirect ownership of Synchrony Financial common stock.
Summary
- On May 15, 2025, Roy A. Guthrie, a director of Synchrony Financial, acquired 163 dividend equivalent units at a price of $60.49 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 Long-Term Incentive Plans and Non-Employee Director Deferred Compensation Plan.
- Following the transaction, Mr. Guthrie directly owns 36,183 dividend equivalent units.
- Mr. Guthrie is also the Investment Manager of Guthrie 2012 Investments LP, which owns 34,106 shares of Synchrony Financial common stock.
- Mr. Guthrie disclaims beneficial ownership of these shares except to the extent of his direct pecuniary interest.
- The report was signed by Danielle Do, as attorney in fact, on May 19, 2025.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing, indicating standard corporate governance practices. The sentiment is neutral to slightly positive as it reflects ongoing compensation and investment activities of a company director.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the holdings of company insiders.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of dividend equivalent unit acquisition |
| 05/19/2025 | Date of Form 4 signature |
Keywords
Synchrony Financial, Director, Roy A. Guthrie, Dividend Equivalent Units, Form 4, Beneficial Ownership, Guthrie 2012 Investments LP, Common Stock
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