Form 4: Synchrony Financial Executive Acquires Dividend Equivalent Units
SEC Form 4 Filing
Courtney Gentleman, EVP & CEO of Diversified & Value at Synchrony Financial, acquired 94 dividend equivalent units at $60.49 each on May 15, 2025.
Summary
- On May 15, 2025, Courtney Gentleman, an executive at Synchrony Financial, acquired 94 dividend equivalent units.
- The price per unit was $60.49.
- These units are related to dividends paid on common shares underlying restricted stock units.
- The dividend equivalent units vest proportionately and are subject to the same settlement and expiration terms as the related restricted stock units.
- Following the transaction, Mr. Gentleman directly owns 18,902 dividend equivalent units.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive compensation. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive sentiment and potential alignment with shareholder interests.
Stakeholder Impact
- The acquisition of dividend equivalent units by an executive aligns their interests with shareholders, as the value of these units is tied to the company's stock performance.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of transaction: Courtney Gentleman acquired dividend equivalent units. |
| 05/19/2025 | Date of signature for the Form 4 filing. |
Keywords
Synchrony Financial, Dividend Equivalent Units, Form 4, Insider Trading, Executive Compensation, SYF, Courtney Gentleman
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