STOCK TITAN

[Form 4] SYNCHRONY FINANCIAL Insider Trading Activity

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

Fernando Aguirre, a Director of Synchrony Financial (SYF), reported acquisition of 27,112 dividend equivalent units on 08/15/2025. The form shows these units accrued as dividends on restricted stock units and are the economic equivalent of one share each; they vest and settle on the same terms as the related restricted stock units. The filing also discloses 15,300 shares held indirectly by family trusts. The reported per-unit value for the accrued dividend equivalents is $71.49. The Form 4 was signed by an attorney-in-fact on 08/19/2025.

Fernando Aguirre, membro del consiglio di amministrazione di Synchrony Financial (SYF), ha dichiarato l'acquisizione di 27.112 dividend equivalent units in data 15/08/2025. Il modulo indica che queste unità sono accumulate come dividendi su restricted stock units e corrispondono economicamente a una azione ciascuna; maturano e si liquidano alle stesse condizioni delle restricted stock units correlate. La comunicazione evidenzia inoltre 15.300 azioni detenute indirettamente da trust familiari. Il valore unitario riportato per i dividend equivalent accumulated è di $71,49. Il Form 4 è stato firmato per procura da un attorney-in-fact il 19/08/2025.

Fernando Aguirre, director de Synchrony Financial (SYF), informó la adquisición de 27.112 dividend equivalent units el 15/08/2025. El formulario indica que estas unidades se acumulan como dividendos sobre restricted stock units y equivalen económicamente a una acción cada una; vencen y se liquidan con las mismas condiciones que las restricted stock units relacionadas. La presentación también revela 15.300 acciones mantenidas indirectamente por fideicomisos familiares. El valor por unidad informado para los dividend equivalents acumulados es de $71,49. El Form 4 fue firmado por un apoderado (attorney-in-fact) el 19/08/2025.

Fernando Aguirre, Synchrony Financial(SYF) 이사, 는 2025-08-1527,112개의 배당 상당 단위(dividend equivalent units)를 취득했다고 신고했습니다. 양식에는 이 단위들이 제한주식단위(restricted stock units)에 대한 배당으로 적립되며 각각 한 주와 동일한 경제적 가치를 가진다고 표시되어 있습니다; 이 단위들은 관련 제한주식단위와 동일한 조건으로 권리확정 및 정산됩니다. 신고서에는 또한 가족 신탁을 통해 간접 보유 중인 15,300주가 공개되어 있습니다. 적립된 배당상당 단위의 신고 단가값은 $71.49입니다. Form 4는 2025-08-19에 대리인(attorney-in-fact)에 의해 서명되었습니다.

Fernando Aguirre, administrateur de Synchrony Financial (SYF), a déclaré l'acquisition de 27 112 dividend equivalent units le 15/08/2025. Le formulaire indique que ces unités sont comptabilisées comme dividendes sur des restricted stock units et équivalent économiquement à une action chacune ; elles acquièrent des droits et sont réglées selon les mêmes modalités que les restricted stock units correspondantes. La déclaration révèle également 15 300 actions détenues indirectement par des trusts familiaux. La valeur unitaire déclarée pour ces dividend equivalents accumulés est de 71,49 $. Le Form 4 a été signé par un attorney-in-fact le 19/08/2025.

Fernando Aguirre, Direktor von Synchrony Financial (SYF), meldete den Erwerb von 27.112 dividend equivalent units am 15.08.2025. Das Formular weist aus, dass diese Einheiten als Dividenden auf restricted stock units verbucht werden und wirtschaftlich jeweils einer Aktie entsprechen; sie werden zu denselben Bedingungen wie die zugehörigen restricted stock units fällig und ausgeglichen. Die Meldung nennt außerdem 15.300 Aktien, die indirekt durch Familientrusts gehalten werden. Der gemeldete Stückwert für die angesammelten Dividend Equivalents beträgt $71,49. Das Formular 4 wurde am 19.08.2025 von einem bevollmächtigten Vertreter (attorney-in-fact) unterschrieben.

Positive
  • 27,112 dividend equivalent units acquired, increasing the reporting person's direct economic stake in SYF
  • 15,300 shares held indirectly by family trusts disclosed, adding clarity to beneficial ownership
Negative
  • None.

Insights

TL;DR: Routine insider accrual of dividend-equivalent units increases direct stake without indicating a change in control or major transaction.

The filing documents an administrative accrual of dividend equivalent units tied to restricted stock units rather than an open-market purchase or sale. The acquisition of 27,112 units at $71.49 each increases the reporting person's direct economic exposure to Synchrony common stock and aligns compensation with shareholder outcomes. This is a common post-grant adjustment and does not by itself alter capital structure or signal a liquidity event.

TL;DR: Disclosure reflects standard executive compensation mechanics; shows both direct and indirect beneficial ownership through family trusts.

The Form 4 clarifies beneficial ownership: 27,112 dividend equivalent units recorded as directly held and 15,300 shares held indirectly by family trusts. The explanation confirms these units vest and settle with the underlying restricted stock units, consistent with typical executive equity grant terms. No departures, sales, or unusual transactions are reported.

Fernando Aguirre, membro del consiglio di amministrazione di Synchrony Financial (SYF), ha dichiarato l'acquisizione di 27.112 dividend equivalent units in data 15/08/2025. Il modulo indica che queste unità sono accumulate come dividendi su restricted stock units e corrispondono economicamente a una azione ciascuna; maturano e si liquidano alle stesse condizioni delle restricted stock units correlate. La comunicazione evidenzia inoltre 15.300 azioni detenute indirettamente da trust familiari. Il valore unitario riportato per i dividend equivalent accumulated è di $71,49. Il Form 4 è stato firmato per procura da un attorney-in-fact il 19/08/2025.

Fernando Aguirre, director de Synchrony Financial (SYF), informó la adquisición de 27.112 dividend equivalent units el 15/08/2025. El formulario indica que estas unidades se acumulan como dividendos sobre restricted stock units y equivalen económicamente a una acción cada una; vencen y se liquidan con las mismas condiciones que las restricted stock units relacionadas. La presentación también revela 15.300 acciones mantenidas indirectamente por fideicomisos familiares. El valor por unidad informado para los dividend equivalents acumulados es de $71,49. El Form 4 fue firmado por un apoderado (attorney-in-fact) el 19/08/2025.

Fernando Aguirre, Synchrony Financial(SYF) 이사, 는 2025-08-1527,112개의 배당 상당 단위(dividend equivalent units)를 취득했다고 신고했습니다. 양식에는 이 단위들이 제한주식단위(restricted stock units)에 대한 배당으로 적립되며 각각 한 주와 동일한 경제적 가치를 가진다고 표시되어 있습니다; 이 단위들은 관련 제한주식단위와 동일한 조건으로 권리확정 및 정산됩니다. 신고서에는 또한 가족 신탁을 통해 간접 보유 중인 15,300주가 공개되어 있습니다. 적립된 배당상당 단위의 신고 단가값은 $71.49입니다. Form 4는 2025-08-19에 대리인(attorney-in-fact)에 의해 서명되었습니다.

Fernando Aguirre, administrateur de Synchrony Financial (SYF), a déclaré l'acquisition de 27 112 dividend equivalent units le 15/08/2025. Le formulaire indique que ces unités sont comptabilisées comme dividendes sur des restricted stock units et équivalent économiquement à une action chacune ; elles acquièrent des droits et sont réglées selon les mêmes modalités que les restricted stock units correspondantes. La déclaration révèle également 15 300 actions détenues indirectement par des trusts familiaux. La valeur unitaire déclarée pour ces dividend equivalents accumulés est de 71,49 $. Le Form 4 a été signé par un attorney-in-fact le 19/08/2025.

Fernando Aguirre, Direktor von Synchrony Financial (SYF), meldete den Erwerb von 27.112 dividend equivalent units am 15.08.2025. Das Formular weist aus, dass diese Einheiten als Dividenden auf restricted stock units verbucht werden und wirtschaftlich jeweils einer Aktie entsprechen; sie werden zu denselben Bedingungen wie die zugehörigen restricted stock units fällig und ausgeglichen. Die Meldung nennt außerdem 15.300 Aktien, die indirekt durch Familientrusts gehalten werden. Der gemeldete Stückwert für die angesammelten Dividend Equivalents beträgt $71,49. Das Formular 4 wurde am 19.08.2025 von einem bevollmächtigten Vertreter (attorney-in-fact) unterschrieben.

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*
AGUIRRE FERNANDO

(Last) (First) (Middle)
C/O SYNCHRONY FINANCIAL
777 LONG RIDGE ROAD

(Street)
STAMFORD CT 06902

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Synchrony Financial [ SYF ]
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)
08/15/2025
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
Dividend Equivalent Unit 08/15/2025 A 15(1) A $71.49(1) 27,112 D
Common Stock 15,300 I By Family Trusts
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. Represents dividend equivalent units accrued on August 15, 2025 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.
Remarks:
/s/ Danielle Do as attorney in fact 08/19/2025
** 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

Who filed the Form 4 for SYF and what is their role?

The filing was made by Fernando Aguirre, who is reported as a Director of Synchrony Financial.

What securities were acquired according to the Form 4 for SYF?

The Form 4 reports acquisition of 27,112 dividend equivalent units that are the economic equivalent of one share of common stock each.

When did the reported transaction occur for SYF?

The dividend equivalent units were accrued and reported on 08/15/2025 and the Form 4 was signed on 08/19/2025.

What price or value is shown for the dividend equivalent units in the SYF Form 4?

The filing shows a per-unit value of $71.49 for the accrued dividend equivalent units.

Does the Form 4 indicate any indirect ownership for the reporting person?

Yes. The filing discloses 15,300 shares held indirectly by family trusts.
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STAMFORD