SNV Insider Purchase: Director Pastides Increases Holdings to 43,916 Shares
Rhea-AI Filing Summary
Pastides Harris, a director of Synovus Financial Corp. (SNV), acquired 123 shares of the company's common stock on 08/11/2025 at a price of $46.91 per share through the issuer's Director Stock Purchase Plan. The Form 4 reports the transaction under transaction code J and shows that, following the purchase, Mr. Pastides directly beneficially owns 43,916 shares. The filing is submitted by a single reporting person and documents a director's routine plan-based purchase recorded on the company disclosure form that notifies investors of insider changes in ownership.
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Insights
TL;DR: Director purchased 123 SNV shares at $46.91, raising direct holdings to 43,916; a routine insider acquisition.
The Form 4 shows a small, disclosed acquisition executed under the company's Director Stock Purchase Plan on 08/11/2025. The transaction code listed is J and the purchase price was $46.91 per share. This is a straightforward change in beneficial ownership by a director and is presented as a single-report filing. There are no other securities or derivative transactions disclosed on this form.
TL;DR: Acquisition processed through a director purchase plan; filing appears procedural and compliant with Section 16 reporting.
The disclosure indicates the shares were purchased via the issuer's Director Stock Purchase Plan and reported on a Form 4. The report identifies the reporting person as a director and lists direct beneficial ownership after the transaction as 43,916 shares. The filing does not disclose any unusual arrangements or dispositions and contains the explanatory note that the purchase was made through the director plan.
FAQ
What did Synovus (SNV) director Pastides purchase?
On what date did the SNV insider transaction occur?
What price did the SNV director pay per share?
How many Synovus shares does Pastides beneficially own after the purchase?
Through what mechanism was the SNV purchase made?