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Synovus (SNV) director purchase under Director Stock Plan — 123 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Synovus Financial director Cherry Pedro P. bought 123 shares of Synovus common stock on 08/11/2025 at a reported price of $46.91 per share under the issuer's Director Stock Purchase Plan. Following the purchase the reporting person beneficially owned 18,303 shares as reported on the Form 4.

The Form 4 shows transaction code J (1) and includes a remark that the shares were purchased through the Director Stock Purchase Plan. No derivative securities were reported in this filing.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: A modest insider purchase of 123 shares at $46.91 increases direct holdings to 18,303; not likely materially market-moving.

The reported purchase is a straightforward acquisition through the company's Director Stock Purchase Plan, increasing the director's direct holdings to 18,303 shares. The size of the purchase (123 shares) is small relative to typical institutional positions and is unlikely to be material to valuation or share supply. Transaction code J (1) and the accompanying remark tie the trade to the director plan, indicating a routine, plan-driven allocation rather than a discretionary large-scale buy.

TL;DR: This is a routine, plan-based director purchase; it reflects participation in governance-aligned compensation but is not a substantive ownership shift.

The Form 4 documents a purchase under the Director Stock Purchase Plan, which aligns director ownership with shareholder interests. The report shows only non-derivative common stock acquired (123 shares at $46.91) and no changes to indirect ownership. While participation in such plans is governance-positive in principle, the transaction's small size suggests limited incremental influence on corporate control or signaling power.

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).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Cherry Pedro P.

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/11/2025
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 08/11/2025 J(1) 123 A $46.91 18,303 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:
1. Purchased through Issuer's Director Stock Purchase Plan.
Remarks:
/s/ Mary Maurice Young 08/12/2025
** 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

Who reported the insider transaction for SNV?

The reporting person is Cherry Pedro P., identified as a director of Synovus Financial Corp. (SNV).

What transaction was reported for SNV?

A purchase of 123 shares of Synovus common stock executed on 08/11/2025 at a reported price of $46.91 per share.

How many SNV shares does the reporting person own after the transaction?

The Form 4 reports beneficial ownership of 18,303 shares following the reported transaction.

Was the SNV purchase part of a plan or discretionary trade?

Yes. The filing states the shares were purchased through the Issuer's Director Stock Purchase Plan.

Were any derivative securities reported in this SNV filing?

No. Table II for derivative securities is empty; only a non-derivative common stock purchase was reported.
Synovus Financia

NYSE:SNV

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