Insider in SYF (SYF) plans 4,000-share Rule 144 stock sale
Rhea-AI Filing Summary
SYF filed a Form 144 notice for a planned sale of 4,000 shares of common stock through Raymond James & Associates on the NYSE, with an aggregate market value of $290,520.00. The number of shares outstanding is 360,171,098, indicating this is a very small portion of the issuer’s stock.
The shares to be sold were originally acquired as compensation in three grants dated 03/31/2019, 06/30/2019, and 09/30/2019 from the issuer. The filer, Arthur Coviello Jr., previously sold 8,000 common shares on 11/03/2025 for gross proceeds of $591,470.00 and represents that he is not aware of undisclosed material adverse information about the issuer.
Positive
- None.
Negative
- None.
FAQ
How many SYF shares are planned to be sold under this Form 144?
The Form 144 covers a planned sale of 4,000 shares of SYF common stock. These shares have an aggregate market value of $290,520.00 and are to be sold through Raymond James & Associates on the NYSE.
Who is the insider selling SYF shares and what has he sold recently?
The filing identifies Arthur Coviello Jr. as the seller. In the past three months, he previously sold 8,000 SYF common shares on 11/03/2025, generating gross proceeds of $591,470.00 according to the disclosure.
How were the SYF shares in this Form 144 originally acquired?
The 4,000 SYF common shares were acquired as compensation from the issuer. The grants occurred on 03/31/2019, 06/30/2019, and 09/30/2019, with each tranche provided by the issuer as part of compensation.
What does the Form 144 say about SYF’s total shares outstanding?
The disclosure lists 360,171,098 SYF common shares as outstanding. This figure provides context for the planned 4,000-share sale, showing that the proposed transaction is small relative to the total share count.
Which broker and exchange will handle the planned SYF share sale?
The planned sale of 4,000 SYF common shares will be executed through Raymond James & Associates. The filing specifies that the shares are expected to be sold on the NYSE, with an approximate sale date of 02/02/2026.
Does the seller in this SYF Form 144 claim to know any undisclosed bad news?
No. By signing the notice, the seller represents that he does not know any material adverse information about SYF’s current or prospective operations that has not already been publicly disclosed, as required by the form’s attestation language.