Form 4: Synchrony Financial Executive Carol Juel Sells 443 Shares Under 10b5-1 Plan
SEC Form 4
Carol Juel, EVP, Chief Technology and Operating Officer of Synchrony Financial, sold 443 shares of common stock at $50.84 per share on August 1, 2024, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On August 1, 2024, Carol Juel, an executive at Synchrony Financial, sold 443 shares of the company's common stock.
- The sale was executed at a price of $50.84 per share.
- This transaction was conducted under a pre-existing Rule 10b5-1 trading plan adopted on November 29, 2023.
- Following the transaction, Ms. Juel directly owns 66,259 shares of Synchrony Financial.
- The filing was signed on August 5, 2024, by Danielle Do as attorney in fact.
Sentiment
Score: 5
Explanation: The document reports a routine stock sale by an executive under a pre-arranged trading plan, which is neutral in sentiment.
Industry Context
Executive stock sales are a common occurrence and are often related to personal financial planning rather than a reflection of the company's performance. Rule 10b5-1 plans allow insiders to sell shares at predetermined times and prices to avoid accusations of insider trading.
Key Dates
| Date | Description |
|---|---|
| 2023-11-29 | Date the reporting person adopted the Rule 10b5-1 trading plan |
| 2024-08-01 | Date of the transaction (stock sale) |
| 2024-08-05 | Date of the Form 4 filing |
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