Form 4: Synchrony Financial Executive Amy Tiliakos Reports Acquisition of Dividend Equivalent Units

Synchrony Financial's SVP, Chief Accounting Officer and Controller, Amy Tiliakos, acquired 62 dividend equivalent units on November 15, 2024.

Summary

• Amy Tiliakos, a Senior Vice President, Chief Accounting Officer and Controller at Synchrony Financial, reported the acquisition of 62 dividend equivalent units.
• These units were acquired on November 15, 2024, at a price of $64.98 per unit.
• The dividend equivalent units are related to dividends paid on common shares underlying restricted stock units.
• These units vest and are subject to settlement and expiration under the same terms as the related restricted stock units.
• Each dividend equivalent unit is economically equivalent to one share of Synchrony Financial common stock.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing related to executive compensation, indicating a neutral to slightly positive sentiment as it reflects standard company practices.

Industry Context

This is a routine filing related to executive compensation and is typical for publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
• The acquisition of dividend equivalent units is a common form of executive compensation, particularly for companies that issue restricted stock units.

Stakeholder Impact

• This transaction has a minimal direct impact on stakeholders, as it is a routine part of executive compensation.

Key Dates

Keywords

dividend equivalent units, Synchrony Financial, insider trading, Form 4, equity securities, Amy Tiliakos