Form 4: Synchrony Financial Executive Acquires Dividend Equivalent Units
SEC Form 4 Filing
Darrell Owens, EVP & CEO--Lifestyle at Synchrony Financial, acquired 111 dividend equivalent units at $60.49 on May 15, 2025.
Summary
- On May 15, 2025, Darrell Owens, an executive at Synchrony Financial, acquired 111 dividend equivalent units.
- The price per unit was $60.49.
- Following this transaction, Owens directly owns 22,450 dividend equivalent units.
- These units were accrued as dividends paid on common shares underlying restricted stock units and vest proportionately with those units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing an executive's acquisition of dividend equivalent units, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which is important for maintaining market confidence.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive compensation.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of transaction: Darrell Owens acquired 111 dividend equivalent units. |
| 05/19/2025 | Date of signature on the Form 4 filing. |
Keywords
Synchrony Financial, Darrell Owens, Dividend Equivalent Units, Executive Compensation, Form 4, Insider Trading
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