Form 4: Synchrony Financial Director Roy A. Guthrie Reports Stock Transactions
SEC Form 4 Filing
Director Roy A. Guthrie reports acquisition and disposal of Synchrony Financial stock, including a transfer of shares to Guthrie 2012 Investments LP.
Summary
- On December 31, 2024, Roy A. Guthrie, a director of Synchrony Financial, reported transactions involving the company's common stock.
- Guthrie acquired 635 shares of common stock at a price of $65.01 per share.
- He also reported a transfer of 24,106 shares to Guthrie 2012 Investments LP.
- Following these transactions, Guthrie directly owns 34,859 shares and indirectly owns 34,106 shares through Guthrie 2012 Investments LP.
- The reported transactions also include restricted stock units that will vest in full on December 31, 2025, each representing a contingent right to receive one share of Synchrony Financial common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.
Future Outlook
The restricted stock units will vest on December 31, 2025, potentially increasing Guthrie's holdings.
Management Comments
- Mr. Guthrie disclaims beneficial ownership of the shares of common stock held by Guthrie 2012 Investments LP, except to the extent of his direct pecuniary interest therein.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common in the financial industry to ensure transparency and compliance with SEC regulations.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a key company insider.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of stock acquisition and transfer transactions. |
| 12/31/2025 | Vesting date for restricted stock units. |
| 01/03/2025 | Date of signature for the report. |
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