Form 4: Synovus Financial Corp Director Stacy Apter Reports Stock Purchase
SEC Form 4
Director Stacy Apter of Synovus Financial Corp reports purchasing 139 shares of common stock at $41.53 per share through the Issuer's Director Stock Purchase Plan.
Summary
- On August 12, 2024, Stacy Apter, a director of Synovus Financial Corp, purchased 139 shares of common stock.
- The purchase was made through the Issuer's Director Stock Purchase Plan.
- The price per share was $41.53.
- Following the transaction, Apter directly owns 7,762 shares of Synovus Financial Corp common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of a stock purchase by a director. While insider buying can be seen as a positive signal, it's a small transaction and doesn't necessarily indicate a major shift in sentiment.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Insider transactions are closely monitored as they can provide insights into a company's performance and future prospects. Purchases by directors are often seen as a positive sign.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment due to the director's stock purchase.
Key Dates
| Date | Description |
|---|---|
| 08/12/2024 | Date of transaction: Stacy Apter purchased 139 shares of Synovus Financial Corp common stock. |
| 08/14/2024 | Date of signature on the Form 4 filing. |
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