Form 4: Synchrony Financial Executive Brian Doubles Reports Acquisition of Dividend Equivalent Units

Sentiment:

SEC Form 4 Filing


Brian Doubles, a Director and Officer of Synchrony Financial, reports acquiring 1,308 dividend equivalent units at $60.49 each.

Summary

  • On May 15, 2025, Brian Doubles, a Director and Officer of Synchrony Financial, acquired 1,308 dividend equivalent units.
  • The price of each dividend equivalent unit was $60.49.
  • Following the transaction, Doubles beneficially owns 713,919 securities.
  • These dividend equivalent units accrued as dividends paid on common shares underlying restricted stock units, vesting proportionately and subject to 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: 5

Explanation: The document is a neutral regulatory filing, reporting a standard transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and holdings, common in publicly traded companies like Synchrony Financial. It provides transparency into the transactions of company insiders.

Stakeholder Impact

  • The transaction has a minimal direct impact on stakeholders, primarily providing transparency to shareholders regarding executive compensation.

Key Dates

DateDescription
05/15/2025Date of transaction: Brian Doubles acquired 1,308 dividend equivalent units.
05/19/2025Date of signature on the Form 4 filing.

Keywords

Synchrony Financial, Brian Doubles, dividend equivalent units, beneficial ownership, Form 4, securities, acquisition

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