Form 4: Synovus Financial Corp Director Harris Pastides Reports Acquisition of 2,540 Shares

Director Harris Pastides reports acquiring 2,540 shares of Synovus Financial Corp at $43.32 per share through a deferred compensation plan.

Summary

• On April 24, 2025, Harris Pastides, a director of Synovus Financial Corp, acquired 2,540 shares of common stock at a price of $43.32 per share.
• The acquisition was made through Synovus' director deferred compensation plan, with payout to occur according to Pastides' deferral election or upon termination of service as a director.
• Following the transaction, Pastides beneficially owns 43,668 shares, which includes 706 shares acquired through dividend accruals.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of a director acquiring shares through a deferred compensation plan. It doesn't necessarily indicate strong positive or negative sentiment, but rather a standard transaction.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Future Outlook

The shares acquired through the deferred compensation plan will be paid out according to the director's deferral election or upon termination of service.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates a director's continued investment in the company.

Stakeholder Impact

• The acquisition of shares by a director could have a slightly positive impact on shareholder confidence.

Key Dates

Keywords

Synovus Financial Corp, Director, Harris Pastides, Share Acquisition, Deferred Compensation, Beneficial Ownership, SNV, Form 4