[Form 4] Synovus Financial Corp. Insider Trading Activity

Rhea-AI Filing Summary

Form 4 discloses that Gwendolyn Ann Montgomery, Chief Human Resources Officer of Gates Industrial Corp plc (GTES), reported routine equity activity on 27 Jul 2025.

• 18,374 ordinary shares were acquired at $0.00 per share upon vesting of previously granted time-based restricted stock units (Transaction Code M).
• 8,043 shares were surrendered at $25.31 (Code F) to satisfy tax and par-value obligations tied to that vesting.
• Net effect: the officer’s direct holdings rose by 10,331 shares to 98,198 shares.
• The insider still holds 42,583 unvested TBRSUs that vest in equal annual tranches.

No open-market purchases or sales occurred; the transactions reflect standard compensation vesting and tax withholding. Impact on float and insider sentiment is negligible.

Insights

Equity Compensation Analyst

TL;DR: Routine TBRSU vesting; minor net share increase; neutral for investors.

This filing shows standard executive compensation mechanics rather than discretionary trading. Shares were issued at no cost as TBRSUs vested, and a portion was automatically withheld to cover taxes. The net 10 k share increase raises Montgomery’s direct stake to roughly US$2.5 m at the reference price, aligning incentives but not signaling valuation views. Remaining 42 k unvested units provide continued retention leverage. Because no open-market activity or unusual size is involved, I view the market impact as neutral.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Blair Kevin S.

(Last) (First) (Middle)

P.O. BOX 120

(Street)

COLUMBUS GA 31902

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SYNOVUS FINANCIAL CORP [ SNV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
07/29/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/29/2025		P		4,040	A	$49.4	164,378	D
Fixed/Floating Rate Non-Cum Perpetual Preferred Stock Ser D								2,000	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

	/s/ Mary Maurice Young	07/29/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many GTES shares did the insider acquire on 27 July 2025?

Ms. Montgomery acquired 18,374 ordinary shares through TBRSU vesting.

What price was paid for the acquired GTES shares?

The shares were issued at $0.00 because they stem from vested restricted stock units.

Why were 8,043 GTES shares disposed of?

They were withheld at $25.31 to cover tax and par-value obligations related to the vesting event.

What is the insider’s total direct ownership after the transaction?

Ms. Montgomery directly owns 98,198 GTES shares following the reported transactions.

How many restricted stock units remain unvested?

She retains 42,583 time-based RSUs that will vest in future annual installments.