Form 4: Synchrony Financial Executive Curtis Howse Reports Stock Transactions

Sentiment:

SEC Filing


Curtis Howse, an executive at Synchrony Financial, reported the acquisition and disposal of company stock, including transactions related to restricted stock units and a pre-arranged trading plan.

Summary

  • On March 1, 2025, Curtis Howse acquired 20,302 shares of Synchrony Financial common stock at $60.68 per share, and also had 12,052 shares withheld for tax liabilities related to vesting restricted stock units at the same price.
  • On March 3, 2025, Howse sold 34,043 shares at $60.01 per share.
  • Following these transactions, Howse directly owns 107,816 shares of Synchrony Financial common stock.
  • The initial acquisition of 20,302 shares was from restricted stock units vesting in three equal annual installments starting on the first anniversary of the grant date.

Sentiment

Score: 5

Explanation: This is a routine disclosure of stock transactions by an executive, and doesn't inherently indicate positive or negative sentiment. The transactions appear to be part of a pre-planned trading strategy.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

  • The transactions may be of interest to shareholders as they provide insight into the actions of company executives.

Key Dates

DateDescription
11/15/2024Date the reporting person adopted a Rule 10b5-1 trading plan.
03/01/2025Acquisition of 20,302 shares and withholding of 12,052 shares for tax liability.
03/03/2025Sale of 34,043 shares.
03/04/2025Date of signature for the Form 4 filing.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.