[SCHEDULE 13G/A] Solowin Holdings SEC Filing

Rhea-AI Filing Summary

Synchrony Financial (SYF) Form 4 filing: Director Arthur W. Coviello Jr. reported the grant of 825 restricted stock units (RSUs) on 30 June 2025 (Transaction Code A). Each RSU converts into one share of SYF common stock and will vest in full on 30 June 2026. Following the award, Coviello’s direct beneficial ownership stands at 49,379 shares. No derivative securities were transacted, and there were no dispositions.

The transaction appears to be routine director equity compensation rather than an open-market purchase. The size of the award is immaterial relative to Synchrony’s total shares outstanding and is unlikely to influence the company’s capital structure or liquidity. However, the filing does signal continued insider alignment through equity-based incentives.

Insights

Financial Analyst

TL;DR: Routine 825-share RSU grant to director; negligible market impact.

The Form 4 discloses a standard board compensation grant of 825 RSUs to Director Arthur W. Coviello Jr., vesting in June 2026. Post-grant holdings rise to 49,379 shares—still a fraction of SYF’s ~420 million shares outstanding. Because the award is not an open-market purchase and represents less than 0.0002% of total shares, it does not meaningfully alter insider ownership levels or signal a directional view on the stock. I classify the filing as administrative and not impactful for valuation or trading decisions.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

SOLOWIN HOLDINGS

(Name of Issuer)

Class A Ordinary Shares, $0.0001 par value

(Title of Class of Securities)

G82759104

(CUSIP Number)

07/02/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. G82759104

1

Names of Reporting Persons

Vulcan Worldwide Holdings Limited

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

VIRGIN ISLANDS, BRITISH

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 772,872.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 772,872.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

772,872.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

1.576 %

12

Type of Reporting Person (See Instructions)

CO

Comment for Type of Reporting Person: This Amendment No. 1 to Schedule 13G ("Amendment No. 1") amends and supplements the information set forth in the Schedule 13G filed by the Reporting Persons with the U.S. Securities and Exchange Commission (the "SEC") on February 13, 2024 (together with this Amendment No. 1, the "Schedule 13G"). All capitalized terms contained herein but not otherwise defined shall have the meanings ascribed to such terms previously reported in the Schedule 13G. Except as specifically provided herein, this Amendment No. 1 does not modify any of the information previously reported in the Schedule 13G. This Amendment No. 1 constitutes an exit filing for the Reporting Persons as the Reporting Persons own less than five percent (5%) of the Class A ordinary shares of the Issuer. *This percentage is calculated based on 49,046,060 Class A ordinary shares of the Issuer issued and outstanding as of June 30, 2025.

SCHEDULE 13G

CUSIP No. G82759104

1

Names of Reporting Persons

Xiaohang Zhang

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CHINA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 772,872.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 772,872.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

772,872.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

1.576 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: *This percentage is calculated based on 49,046,060 Class A ordinary shares of the Issuer issued and outstanding as of June 30, 2025.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: SOLOWIN HOLDINGS
(b)	Address of issuer's principal executive offices: Room 1910-1912A, Tower 3, China Hong Kong City, 33 Canton Road, Tsim Sha Tsui, Kowloon, Hong Kong
Item 4.	Ownership
(a)	Amount beneficially owned: See row (9) of the cover page to this Amendment No. 1 for the aggregate amount of the Class A ordinary shares beneficially owned by each Reporting Person.
(b)	Percent of class: See row (11) of the cover page to this Amendment No. 1 for the percentage of the Class A ordinary shares beneficially owned by each Reporting Person.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: See row (5) of the cover page to this Amendment No. 1 for the shares as to which each Reporting Person has the sole voting power.
	(ii) Shared power to vote or to direct the vote: See row (6) of the cover page to this Amendment No. 1 for the shares as to which each Reporting Person has the shared voting power.
	(iii) Sole power to dispose or to direct the disposition of: See row (7) of the cover page to this Amendment No. 1 for the shares as to which each Reporting Person has the sole dispositive power.
	(iv) Shared power to dispose or to direct the disposition of: See row (8) of the cover page to this Amendment No. 1 for the shares as to which each Reporting Person has the shared dispositive power.
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class

Item 10.	Certifications:
	Not Applicable

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Vulcan Worldwide Holdings Limited

Signature:	/s/ Xiaohang Zhang
Name/Title:	Xiaohang Zhang/Director
Date:	07/02/2025

Xiaohang Zhang

Signature:	/s/ Xiaohang Zhang
Name/Title:	Xiaohang Zhang
Date:	07/02/2025

Exhibit Information

Agreement by and between Vulcan Worldwide Holdings Limited and Xiaohang Zhang. with respect to the filing of this Schedule 13G.* *Previously filed as an exhibit to Vulcan Worldwide Holdings Limited and Xiaohang Zhang's Schedule 13G filed with the SEC on February 13, 2024.

FAQ

How many Synchrony Financial (SYF) shares did Director Arthur W. Coviello Jr. acquire?

The director received 825 restricted stock units, each convertible into one SYF share upon vesting.

What is the vesting schedule for the 825 RSUs granted to the SYF director?

All 825 RSUs will vest on 30 June 2026.

What is Arthur W. Coviello Jr.’s total direct ownership in SYF after the transaction?

His direct beneficial ownership is now 49,379 shares of SYF common stock.

Was the June 30, 2025 transaction an open-market purchase?

No. It was a grant of restricted stock units (Transaction Code A), not an open-market buy or sell.

Does this Form 4 filing indicate significant insider buying pressure for SYF?

Given the small size of the award relative to shares outstanding, the filing is not considered materially significant for insider buying trends.