Synchrony Financial (NYSE: SYF) director adds dividend units
Rhea-AI Filing Summary
Synchrony Financial (SYF) reported that director Ellen M. Zane acquired 14 dividend equivalent units on August 17, 2026, credited as dividends on common shares underlying her restricted stock units. Each unit is the economic equivalent of one share of Synchrony Financial common stock, and her directly held balance after the accrual is 32,241 units/shares, with the balance adjusted over time for rounding of fractional shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 14 shares
Net Buy
1 txn
Insider
Zane Ellen M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Unit F1, F2 | 14 | $80.75 | $1K |
Holdings After Transaction:
Dividend Equivalent Unit — 32,241 shares (Direct)
Footnotes (2)
- F1. Represents dividend equivalent units accrued on August 17, 2026 as dividends that were paid on the common shares underlying restricted stock units. The dividend equivalent units vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted stock units to which they relate. Each dividend equivalent unit is the economic equivalent of one share of Synchrony Financial common stock.
- F2. Balance adjusted to account for rounding of fractional shares over time.
Key Figures
Dividend equivalent units acquired: 14.0000 units
Implied price per unit: $80.7500 per unit
Holdings after transaction: 32241.0000 units/shares
3 metrics
Dividend equivalent units acquired
14.0000 units
Accrued on August 17, 2026 as dividends on common shares underlying RSUs
Implied price per unit
$80.7500 per unit
Reported transaction price per dividend equivalent unit
Holdings after transaction
32241.0000 units/shares
Direct beneficial ownership following the August 17, 2026 accrual
Key Terms
Dividend Equivalent Unit, restricted stock units, economic equivalent
3 terms
Dividend Equivalent Unit financial
"Represents dividend equivalent units accrued on August 17, 2026 as dividends"
restricted stock units financial
"dividends that were paid on the common shares underlying restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
economic equivalent financial
"Each dividend equivalent unit is the economic equivalent of one share"
FAQ
What insider transaction did SYF director Ellen M. Zane report on this Form 4?
Ellen M. Zane reported acquiring 14 dividend equivalent units on August 17, 2026. These units were accrued as dividends on common shares underlying her restricted stock units and are economically equivalent to Synchrony Financial common stock.
What are dividend equivalent units in the context of SYF’s Form 4 filing?
Dividend equivalent units are credits that mirror dividends on common shares tied to restricted stock units. For Ellen M. Zane, each unit is the economic equivalent of one share of Synchrony Financial common stock and vests and settles on the same terms as the related RSUs.
Were the SYF dividend equivalent units granted to Ellen M. Zane part of a 10b5-1 trading plan?
No. The Form 4’s Rule 10b5-1 checkbox is not checked, and there is no footnote indicating a trading plan. The acquisition reflects automatic accrual of dividend equivalent units on existing restricted stock units.
Do the dividend equivalent units for SYF vest immediately for Ellen M. Zane?
No. The filing states the dividend equivalent units vest proportionately and are subject to settlement and expiration on the same terms as the restricted stock units to which they relate, rather than vesting all at once.
AI-generated analysis. How Rhea-AI works. Not financial advice.
