Form 4: Synovus Financial Corp Executive Shellie Creson Reports Stock Transaction
SEC Form 4 Filing
EVP and Chief Risk Officer of Synovus Financial Corp, Shellie Creson, reports disposition of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On February 18, 2025, Shellie Creson, EVP and Chief Risk Officer of Synovus Financial Corp, reported a transaction involving common stock.
- 1,656 shares were disposed of at a price of $54.47 to cover tax withholding obligations upon the vesting of restricted stock units.
- Following the transaction, Creson directly owns 30,797 shares of Synovus Financial Corp, which includes shares acquired through dividend accruals and participation in the employee stock purchase plan.
Sentiment
Score: 5
Explanation: Neutral sentiment as the document reports a routine transaction related to tax obligations.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates activity by a top executive at Synovus Financial Corp.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Date of stock transaction |
| 02/19/2025 | Date of signature on the report |
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