Form 4: Synchrony Financial Executive Acquires Dividend Equivalent Units
SEC Form 4 Filing
Darrell Owens, EVP & CEO--Lifestyle at Synchrony Financial, acquired 80 dividend equivalent units on February 18, 2025, at a price of $65.29 per unit.
Summary
- On February 18, 2025, Darrell Owens, an executive at Synchrony Financial, acquired 80 dividend equivalent units.
- The price per unit was $65.29.
- These units are related to dividends paid on common shares underlying restricted stock units.
- Owens' direct ownership following the transaction is 28,686 units.
- The dividend equivalent units vest proportionately and are subject to the same terms as the restricted stock units they relate to.
- Each dividend equivalent unit represents the economic equivalent of one share of Synchrony Financial common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure related to executive compensation and holdings, and it doesn't necessarily reflect broader industry trends.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it involves a small number of dividend equivalent units.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Date of transaction: Darrell Owens acquired 80 dividend equivalent units. |
| 02/20/2025 | Date of signature on the Form 4 filing. |
Keywords
Synchrony Financial, Dividend Equivalent Units, Form 4, Executive Compensation, Darrell Owens, SYF
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