Form 4: Synchrony Financial Executive Curtis Howse Sells 31,562 Shares Under 10b5-1 Plan
SEC Form 4
Curtis Howse, an executive at Synchrony Financial, sold 31,562 shares of common stock at $45 per share on May 2, 2024, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On May 2, 2024, Curtis Howse, EVP, CEO--Home & Auto at Synchrony Financial, sold 31,562 shares of Synchrony Financial common stock.
- The sale was executed at a price of $45 per share.
- This transaction was conducted under a Rule 10b5-1 trading plan adopted on November 29, 2023.
- Following the transaction, Howse directly owns 121,042 shares of Synchrony Financial common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale by an executive. It doesn't inherently convey positive or negative sentiment about the company's prospects.
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. The use of a 10b5-1 plan suggests the sale was pre-planned and not based on inside information at the time of the transaction.
Key Dates
| Date | Description |
|---|---|
| 2023-11-29 | Date the reporting person adopted the Rule 10b5-1 trading plan |
| 2024-05-02 | Date of the transaction (stock sale) |
| 2024-05-06 | Date of signature on the Form 4 filing |
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