STOCK TITAN

SNV insider purchase raises director's stake to 4,464 shares

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

Rhea-AI Filing Summary

Gregory G. Montana, identified as a director of Synovus Financial Corp. (SNV), reported a purchase of common stock on 08/11/2025. The filing shows 123 shares were acquired at a reported price of $46.91, and the transaction was executed through the issuer's Director Stock Purchase Plan. After the purchase, the report lists 4,464 shares beneficially owned, held directly.

The disclosure is a routine director purchase under the company plan and increases the director's direct stake by a modest amount; the filing includes a signature block certifying the report.

Positive

  • Director purchase reported, indicating insider alignment with shareholder interests
  • Transaction executed through the company's Director Stock Purchase Plan, showing use of an established, compliant mechanism
  • Beneficial ownership increased to 4,464 shares, documented as direct ownership

Negative

  • None.

Insights

TL;DR: A routine, small insider purchase that modestly increases a director's direct holdings; not likely to move the stock materially.

The Form 4 reports a purchase of 123 shares at $46.91 on 08/11/2025, increasing direct beneficial ownership to 4,464 shares. This is recorded as acquired through the issuer's Director Stock Purchase Plan, indicating the transaction follows a standard company mechanism for directors to buy shares. The size of the purchase appears modest relative to typical institutional positions, so it signals alignment but is unlikely to be materially market-moving.

TL;DR: Purchase executed via the director plan shows governance-aligned behavior and compliance with Section 16 reporting rules.

The filing identifies the reporting person as a director and notes the acquisition was completed through the issuer's Director Stock Purchase Plan, which is a common, pre-approved vehicle for equity purchases by directors. The Form 4 documents the transaction and beneficial ownership level (4,464 shares held directly), indicating routine disclosure and adherence to insider reporting requirements.

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*
Montana Gregory G

(Last) (First) (Middle)
P.O. BOX 120

(Street)
COLUMBUS GA 31901

(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 4,464 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 Gregory G. Montana report on Form 4?

The Form 4 reports a purchase of 123 shares of Synovus common stock on 08/11/2025 at a reported price of $46.91.

How many Synovus (SNV) shares does the director own after this transaction?

After the reported transaction the director is shown as beneficially owning 4,464 shares, held directly.

Was the SNV purchase made under a company plan?

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

What transaction code is listed on the Form 4 for this SNV activity?

The Form 4 lists Transaction Code J (1) in the transaction line as presented on the form.

What is the reporting person's relationship to Synovus?

The form identifies the reporting person, Gregory G. Montana, as a Director of Synovus Financial Corp.
Synovus Financia

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