Form 4: Synchrony Financial Officer Transfers Phantom Stock
Insider Transaction Report
Synchrony Financial EVP Alberto Casellas transferred 11,706 phantom stock units, valued at $74.01 each, to an alternative investment option within his Restoration Plan.
Summary
- Alberto Casellas, Executive Vice President and CEO of Health & Wellness for Synchrony Financial, reported a transaction.
- On November 3, 2025, Casellas transferred 11,706 phantom stock units within his Synchrony Financial Restoration Plan.
- The phantom stock units were moved to an alternative investment option within his plan account.
- Each phantom stock unit is the economic equivalent of one share of Synchrony Financial common stock.
- The disposition was valued based on the closing price of Synchrony Financial common stock on November 3, 2025, which was $74.01 per unit.
- Phantom stock units acquired under the Restoration Plan are typically settled in cash following the six-month anniversary of separation from Synchrony Financial, unless otherwise specified or elected.
Sentiment
Score: 5
Explanation: This Form 4 reports a routine insider transaction involving the transfer of phantom stock units within an executive compensation plan, which is a neutral event regarding the company's operational performance or outlook.
Future Outlook
NA
Industry Context
NA
Key Dates
| Date | Description |
|---|---|
| 11/03/2025 | Date of earliest transaction, involving the transfer of phantom stock units. |
| 11/05/2025 | Date the Statement of Changes in Beneficial Ownership was signed by the attorney-in-fact. |
Keywords
Synchrony Financial, SYF, Form 4, Insider Transaction, Phantom Stock, Executive Compensation, Alberto Casellas
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.