Form 4: Synchrony Financial Executive Acquires Dividend Equivalent Units
SEC Form 4 Filing
Curtis Howse, an executive at Synchrony Financial, acquired 323 dividend equivalent units on May 15, 2024.
Summary
- On May 15, 2024, Curtis Howse, an EVP and CEO at Synchrony Financial, acquired 323 dividend equivalent units.
- The price of each dividend equivalent unit was $44.14.
- These units are related to dividends paid on common shares underlying restricted stock units and vest proportionately with those units.
- Following the transaction, Howse directly owns 121,365 dividend equivalent units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding an executive's compensation. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like executives and directors, trade their company's securities. These filings provide transparency into insider activity and can be monitored by investors.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of transaction: Curtis Howse acquired 323 dividend equivalent units. |
| 05/17/2024 | Date of signature on the Form 4 filing. |
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