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, reports acquiring 1,700 dividend equivalent units at $44.14 each.
Summary
- On May 15, 2024, Brian Doubles, a Director and Officer of Synchrony Financial, acquired 1,700 dividend equivalent units at a price of $44.14 per unit.
- These dividend equivalent units are related to dividends paid on common shares underlying restricted stock units and vest proportionately with those units.
- Following the transaction, Doubles directly owns 658,008 Synchrony Financial securities.
- The report was filed on May 17, 2024.
Sentiment
Score: 5
Explanation: This is a neutral report of an insider transaction, with no inherent positive or negative implications.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC when company insiders, like Brian Doubles, transact in their company's securities. It provides transparency to the market regarding insider activity.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of transaction: Brian Doubles acquired 1,700 dividend equivalent units. |
| 05/17/2024 | Date of filing: SEC Form 4 was filed. |
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