Form 4: Synchrony Financial Executive Brian Doubles Reports Acquisition of Dividend Equivalent Units
SEC Form 4 Filing
Brian Doubles, a Director and Officer at Synchrony Financial, reported the acquisition of 1,167 dividend equivalent units on February 18, 2025.
Summary
- On February 18, 2025, Brian Doubles, a Director and Officer of Synchrony Financial, acquired 1,167 dividend equivalent units at a price of $65.29 per unit.
- Following this transaction, Doubles directly owns 777,421 Synchrony Financial securities.
- These dividend equivalent units are associated with restricted stock units and vest under the same terms.
- Each dividend equivalent unit represents the economic equivalent of one share of Synchrony Financial common stock.
Sentiment
Score: 5
Explanation: This is a neutral regulatory filing, reflecting standard insider trading activity. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's securities.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Date of transaction: Acquisition of dividend equivalent units. |
| 02/20/2025 | Date of signature on the Form 4 filing. |
Keywords
Synchrony Financial, Brian Doubles, Dividend Equivalent Units, Form 4, Beneficial Ownership, Securities, Acquisition
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