STOCK TITAN

Synovus (SNV) director purchase of 123 shares, preferred disposals disclosed

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

Rhea-AI Filing Summary

Barry L. Storey, a director of Synovus Financial Corp. (SNV), purchased common stock on 08/11/2025 through the issuer's Director Stock Purchase Plan, acquiring 123 shares at $46.91 per share. After the transaction he held 50,244 shares directly and had 14,285 shares indirectly through a trust. The filing also shows dispositions of preferred stock: 4,000 shares of Series D and 1,000 shares of Series E were disposed. The submission reports routine insider activity: a small open-market/plan purchase of common stock alongside preferred share dispositions, with no derivative transactions reported.

Positive

  • Director purchase of common stock (123 shares) at $46.91 through the issuer's Director Stock Purchase Plan
  • Clear disclosure of direct (50,244 shares) and indirect (14,285 shares via trust) beneficial ownership

Negative

  • Disposal of preferred holdings: 4,000 Series D and 1,000 Series E preferred shares
  • No price provided for the preferred share dispositions in the filing

Insights

TL;DR: Routine director purchase of 123 common shares at $46.91 and disposal of 5,000 preferred shares; not materially transformative.

The filing records a director-level purchase executed via the company's Director Stock Purchase Plan, showing acquisition of 123 common shares at $46.91. Post-transaction direct beneficial ownership is 50,244 shares with an additional 14,285 shares held indirectly via a trust. The sale of 4,000 Series D and 1,000 Series E preferred shares is noted, with no prices reported for those disposals. Given the sizes relative to reported holdings, these moves appear routine and unlikely to change the investment thesis materially.

TL;DR: Insider activity is disclosed and consistent with director participation in a company plan; disclosures are complete for the reported items.

The Form 4 identifies the reporting person as a company director and specifies the transaction was executed through the director stock purchase plan, which provides an affirmative explanation for the acquisition code. Beneficial ownership is split between direct and trust holdings, and the filing lists preferred stock disposals. The report contains the necessary class-by-class lines and an explicit explanation for the common stock purchase; there are no derivative positions disclosed.

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*
Storey Barry L.

(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 50,244 D
Common Stock 14,285 I By Trust
Fixed/Floating Rate Non-Cum Perpetual Preferred Stock Ser D 4,000 D
Fixed-Rate Reset Non Cum Perpetual Preferred Stock Ser E 1,000 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:
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

What transaction did SNV director Barry L. Storey report?

He reported a purchase of 123 common shares of Synovus (SNV) executed on 08/11/2025 through the issuer's Director Stock Purchase Plan at $46.91 per share.

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

The filing shows 50,244 shares held directly and 14,285 shares held indirectly through a trust.

Did the Form 4 report any preferred stock transactions for SNV?

Yes. The report lists dispositions of 4,000 Series D preferred shares and 1,000 Series E preferred shares.

Were any derivative securities reported in this SNV Form 4?

No. Table II for derivative securities is blank, indicating no derivative positions were reported.

Was an explanation provided for the common stock purchase?

Yes. The filing states the common stock was purchased through the issuer's Director Stock Purchase Plan.
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