Form 4: Synovus Director Stacy Apter Acquires Shares Through Deferred Compensation Plan
SEC Form 4 Filing
Director Stacy Apter acquired 2,540 shares of Synovus Financial Corp. at $43.32 per share through the company's director deferred compensation plan.
Summary
- On April 24, 2025, Stacy Apter, a director of Synovus Financial Corp., acquired 2,540 shares of common stock.
- The acquisition was made through Synovus' director deferred compensation plan at a price of $43.32 per share.
- Apter has elected to defer these shares, which will be paid out according to her deferral election or upon termination of her service as a director.
- Following the transaction, Apter beneficially owns 10,769 shares, which includes 265 shares acquired through dividend accruals.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reflects a routine transaction related to director compensation. It suggests confidence but doesn't indicate significant positive or negative news.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future performance.
Future Outlook
The shares acquired are deferred and will be paid out according to Apter's election or upon termination of her directorship.
Industry Context
Director share acquisitions are common in the financial industry and are often part of compensation packages or deferred compensation plans.
Stakeholder Impact
- The acquisition of shares by a director can positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 04/24/2025 | Date of transaction: Stacy Apter acquired 2,540 shares of Synovus Financial Corp. |
| 04/25/2025 | Date of signature for the Form 4 filing. |
Keywords
Synovus, Director, Apter, Share Acquisition, Deferred Compensation, SNV, Form 4
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