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 July 25, 2024, Shellie Creson, EVP and Chief Risk Officer of Synovus Financial Corp, reported a transaction involving common stock.
- A total of 4,423 shares were disposed of at a price of $45.82 per share to cover tax withholding obligations upon the vesting of restricted stock units.
- Following the transaction, Creson directly owns 31,094 shares of Synovus Financial Corp.
- The transaction was filed on July 26, 2024.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports a routine stock transaction for tax purposes, which is a normal part of executive compensation.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in the financial industry. It provides transparency into the executive's holdings and transactions in the company's stock.
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 |
|---|---|
| 07/25/2024 | Date of stock transaction (disposal of shares). |
| 07/26/2024 | Date of Form 4 filing. |
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