Synchrony director adds 157 dividend units at $80.75
Synchrony Financial (SYF) reported that director Alves Paget Leonard acquired 157 dividend equivalent units on August 17, 2026.
Rhea-AI Filing Summary
Synchrony Financial (SYF) reported that director Alves Paget Leonard acquired 157 dividend equivalent units on August 17, 2026. These units were accrued as dividends on previously granted restricted stock units and deferred stock units under the company’s long-term incentive and director deferred compensation plans. Following this award, Leonard directly holds 52,534 dividend equivalent units, each economically equivalent to one share of Synchrony Financial common stock; the balance was also adjusted for rounding of fractional shares over time.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 157 shares
Grant/Award
1 txn
Insider
Alves Paget Leonard
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Unit F1, F2 | 157 | $80.75 | $13K |
Holdings After Transaction:
Dividend Equivalent Unit — 52,534 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 and deferred stock units previously granted to the Reporting Person under the Company's Long-Term Incentive Plans and Non-Employee Director Deferred Compensation Plan. 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: 157 units
Per-unit value: $80.75 per unit
Units held after transaction: 52,534 units
3 metrics
Dividend equivalent units acquired
157 units
Dividend equivalent units accrued on August 17, 2026
Per-unit value
$80.75 per unit
Reported transaction price per dividend equivalent unit
Units held after transaction
52,534 units
Total dividend equivalent units directly held following the award
Key Terms
Dividend Equivalent Unit, restricted stock units, deferred stock units, Long-Term Incentive Plans, +1 more
5 terms
Dividend Equivalent Unit financial
"Represents dividend equivalent units accrued on August 17, 2026 as dividends"
restricted stock units financial
"underlying restricted stock units and deferred stock units previously granted"
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.
deferred stock units financial
"underlying restricted stock units and deferred stock units previously granted"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Long-Term Incentive Plans financial
"previously granted to the Reporting Person under the Company's Long-Term Incentive Plans"
Long-term incentive plans are multi-year pay programs that reward executives and key employees with stock, options, or cash bonuses when the company hits future performance goals. Think of it like paying someone with a portion of the business or future bonuses to keep them focused on growing the company over several years. Investors watch these plans because they influence executive decisions, potential share dilution, and whether management’s goals line up with long-term shareholder value.
Non-Employee Director Deferred Compensation Plan financial
"and Non-Employee Director Deferred Compensation Plan"
FAQ
What insider transaction did SYF director Alves Paget Leonard report on this Form 4?
Alves Paget Leonard reported acquiring 157 dividend equivalent units of Synchrony Financial on August 17, 2026. These units were accrued as dividends on previously granted restricted and deferred stock units under company incentive and director compensation plans.
How many Synchrony Financial (SYF) units does Alves Paget Leonard hold after this transaction?
After the reported transaction, Alves Paget Leonard holds 52,534 dividend equivalent units directly. The reported post-transaction balance also reflects adjustments for rounding of fractional shares that accumulated over time.
What are dividend equivalent units in the context of SYF’s Form 4 filing?
In this filing, each dividend equivalent unit is described as economically equivalent to one share of Synchrony Financial common stock. They were credited as dividends on the common shares underlying previously granted restricted and deferred stock units.
What was the reported value per dividend equivalent unit in the SYF Form 4?
The acquisition of 157 dividend equivalent units was reported at $80.75 per unit. This figure reflects a per‑unit value used for reporting and is tied to the dividend equivalents credited on underlying equity awards.
Was the SYF Form 4 transaction by Alves Paget Leonard a market purchase or a grant?
The Form 4 characterizes the transaction as a grant or award acquisition of dividend equivalent units, accrued as dividends on existing restricted stock units and deferred stock units, rather than an open-market purchase or sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.
