SNV Form 4: Executive Discloses 3,000-Share Gift on 09/12/2025
Rhea-AI Filing Summary
Synovus Financial Corp (SNV) Form 4: Reporting person D. Wayne Akins Jr., EVP and Chief Commercial Banking Officer, disclosed a gift of 3,000 shares of Synovus common stock on 09/12/2025 with no consideration. After the reported transaction he beneficially owns 39,276 shares directly and an additional 3,374 shares indirectly held by his wife. The Form 4 is signed and dated 09/15/2025. The filer indicated the transaction code G (gift) and a price of $0.
Positive
- None.
Negative
- None.
Insights
TL;DR: Officer reported a small, non‑cash transfer of shares; appears routine and not materially dilutive.
The reported disposal is coded as a gift of 3,000 shares executed on 09/12/2025, leaving the reporting person with 39,276 shares directly and 3,374 shares indirectly via spouse. The transaction is recorded at $0 consideration, consistent with an inter‑family transfer. There is no indication of cash proceeds or option exercises. Given the reported quantities relative to typical public float sizes, this filing looks like routine insider estate or family planning rather than a signal of company fundamentals.
TL;DR: Filing complies with Section 16 disclosure; the gift is documented and timely signed.
The Form 4 properly identifies the reporting person as an officer and provides transaction details including code G and post-transaction holdings. The signature (Mary Maurice Young) and date (09/15/2025) are present. There are no amendments or other complicating disclosures. From a governance perspective this is a routine insider disclosure that maintains public transparency of officer holdings.
FAQ
What did Synovus insider D. Wayne Akins Jr. report on Form 4 (SNV)?
How many Synovus (SNV) shares does the reporting person own after this transaction?
What is the reporting person's role at Synovus in this Form 4?
When was the Form 4 signed and filed?
Does the Form 4 show any cash proceeds from the transaction?