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Synovus (SNV) Director Reports 123-Share Purchase, Disposes 8,000 Pref Shares

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

Rhea-AI Filing Summary

Tim E. Bentsen, a director of Synovus Financial Corp. (SNV), reported a change in his beneficial ownership of the issuer's securities. The filing shows a purchase of 123 shares of common stock at a reported price of $46.91 under the issuer's Director Stock Purchase Plan, bringing his direct holdings to 41,295 common shares. The transaction date recorded is 08/11/2025.

The form also records a disposition of 8,000 shares of Fixed/Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D (marked as disposed). No derivative securities were reported as acquired or disposed. The filer provided an explanatory remark that the common stock purchase was executed through the Director Stock Purchase Plan.

Positive

  • Director purchase disclosed: Acquisition of 123 common shares at $46.91 under the issuer's Director Stock Purchase Plan
  • Clear disclosure of beneficial ownership: Direct holdings increased to 41,295 common shares, showing transparent reporting by a company director

Negative

  • Disposition recorded: 8,000 shares of Fixed/Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D, are shown as disposed

Insights

TL;DR: A director-made routine purchase of 123 SNV shares via the director plan; holdings modest relative to total positions.

The Form 4 documents a small, routine acquisition by a company director under the Director Stock Purchase Plan, increasing direct common stock holdings to 41,295 shares. The purchase size (123 shares at $46.91) is immaterial in isolation for Synovus's market capitalization but is a transparent disclosure of insider activity. No options or other derivatives were involved, and a separate line records a disposition of 8,000 Series D preferred shares. Overall, this filing is a standard insider transaction with limited standalone market impact.

TL;DR: Disclosure is complete for the reported transactions and shows use of the issuer's director plan.

The report clearly identifies the reporting person as a director and specifies that the common shares were purchased through the issuer's Director Stock Purchase Plan, satisfying Form 4 disclosure requirements. The separate disposition of 8,000 Series D preferred shares is noted on the same form. From a governance perspective, the filing reflects routine, plan-driven insider activity rather than an ad hoc open-market trade, and it provides investors with the necessary transparency about changes in the director's stake.

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*
Bentsen Tim E

(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 41,295 D
Fixed/Floating Rate Non-Cum Perpetual Preferred Stock Ser D 8,000 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 did Tim E. Bentsen report on the SNV Form 4?

The Form 4 reports a purchase of 123 common shares at $46.91 through the issuer's Director Stock Purchase Plan and a disposition of 8,000 Series D preferred shares.

How many common shares does Tim E. Bentsen own after the transaction?

The filing shows 41,295 common shares beneficially owned following the reported transaction.

When was the transaction executed per the Form 4?

The transaction date recorded on the form is 08/11/2025.

Were any derivatives reported on this Form 4 for SNV?

No derivative securities (options, warrants, convertible instruments) were reported as acquired or disposed of in Table II.

How was the common stock purchase made according to the filer?

The filer stated the common stock was purchased through the issuer's Director Stock Purchase Plan.
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