Synchrony director granted dividend equivalent units

Synchrony Financial director Arthur W. Coviello Jr reported an automatic acquisition of 14 dividend equivalent units on February 17, 2026.

Rhea-AI Filing Summary

Synchrony Financial director Arthur W. Coviello Jr reported an automatic acquisition of 14 dividend equivalent units on February 17, 2026. These units were accrued as dividends on common shares underlying his restricted stock units, at a reference value of $72.31 per unit. After this grant, his directly held dividend equivalent and related units total 32,458 units. Each dividend equivalent unit is economically equal to one share of Synchrony Financial common stock and will vest, settle, and expire on the same terms as the related restricted stock units.

Insider Trade Summary

Grant/Award: 14 shares

Grant/Award 1 txn

Insider COVIELLO ARTHUR W JR

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Dividend Equivalent Unit	14	$72.31	$1K

Holdings After Transaction: Dividend Equivalent Unit — 32,458 shares (Direct)

Footnotes (1)

1. F1. Represents dividend equivalent units accrued on February 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.

FAQ

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What insider transaction did Synchrony Financial (SYF) report for Arthur W. Coviello Jr?

Synchrony Financial reported that director Arthur W. Coviello Jr acquired 14 dividend equivalent units on February 17, 2026. These units were automatically accrued as dividends on common shares underlying his restricted stock units and are economically equal to Synchrony common stock.

How many Synchrony Financial dividend equivalent units does Arthur W. Coviello Jr hold after this Form 4?

After the reported transaction, Arthur W. Coviello Jr holds 32,458 units related to Synchrony Financial. This total reflects his position following the automatic grant of 14 dividend equivalent units linked to dividends on the common shares underlying his restricted stock units.

What are dividend equivalent units in the Synchrony Financial (SYF) Form 4 filing?

Dividend equivalent units represent accrued dividends on common shares underlying restricted stock units, credited as additional units. In this filing, each dividend equivalent unit is described as economically equivalent to one share of Synchrony Financial common stock and follows the same vesting and settlement terms as the related restricted stock units.

At what value were the Synchrony Financial dividend equivalent units credited in this Form 4?

The 14 dividend equivalent units were credited at a reference value of $72.31 per unit. This value reflects the per-unit figure reported for the acquisition and helps quantify the economic amount of the automatically accrued dividend-based units granted to the director.

How do the Synchrony Financial dividend equivalent units vest for Arthur W. Coviello Jr?

The dividend equivalent units vest proportionately with the underlying restricted stock units to which they relate. They are subject to settlement and expiration on the same terms, aligning their timing and conditions with the associated restricted stock unit awards described in the Form 4 footnote.

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Accepted by SEC EDGAR 02/19/2026 - 04:04 PM Learn about SEC filing dates

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^*

COVIELLO ARTHUR W JR

(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)
02/17/2026

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	02/17/2026		A		14(1)	A	$72.31(1)	32,458	D

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 February 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.

Remarks:

	/s/ Danielle Do as attorney-in-fact	02/19/2026
	** 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.
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