Form 4: Synchrony Financial Executive Bart Schaller Reports Stock Transaction
SEC Form 4 Filing
Bart Schaller, an executive at Synchrony Financial, reported a transaction involving the withholding of common stock to cover tax liabilities related to vesting restricted stock units.
Summary
- On July 1, 2024, Bart Schaller, EVP, CEO--Digital at Synchrony Financial, had 724 shares of common stock withheld to cover tax liabilities.
- The shares were withheld at a price of $48.11 per share.
- Following the transaction, Schaller directly owns 50,320 shares of Synchrony Financial common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction for tax purposes. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive compensation and stock ownership.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine tax withholding.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of the stock transaction (tax withholding) |
| 07/02/2024 | Date of signature on the Form 4 filing |
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