Form 4: Synovus Financial Corp Executive Thomas T Dierdorff Sells 614 Shares
SEC Form 4 Filing
EVP Thomas T Dierdorff of Synovus Financial Corp sold 614 shares of common stock at $46.2 per share on July 24, 2024.
Summary
- On July 24, 2024, Thomas T Dierdorff, an Executive Vice President at Synovus Financial Corp, sold 614 shares of common stock.
- The sale price was $46.2 per share.
- Following the transaction, Dierdorff directly owns 14,833 shares of Synovus Financial Corp.
- The transaction was reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing regarding a stock sale by an executive. It doesn't inherently convey positive or negative sentiment about the company's performance.
Industry Context
Executive stock sales are a common occurrence and are publicly disclosed to ensure transparency and prevent insider trading. The sale itself doesn't necessarily indicate a negative outlook for the company, as executives may sell shares for various personal financial reasons.
Stakeholder Impact
- The sale of shares by an executive could potentially cause a slight decrease in investor confidence, although the impact is likely to be minimal given the relatively small number of shares sold.
Key Dates
| Date | Description |
|---|---|
| 07/24/2024 | Date of the transaction: Thomas T Dierdorff sold 614 shares of Synovus Financial Corp stock. |
| 07/26/2024 | Date of signature on the Form 4 filing. |
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