SYF director purchase: 775 RSUs at $71.05; vest 09/30/2026

Rhea-AI Filing Summary

Arthur W. Coviello Jr., a director of Synchrony Financial (SYF), reported a transaction dated 09/30/2025 in which 775 shares were acquired at $71.05 per share, bringing his total beneficial ownership to 50,169 shares. The filing states these are restricted stock units that will vest in full on 09/30/2026, and each unit represents a contingent right to one share of common stock. The Form 4 was signed by an attorney-in-fact on 10/02/2025. The filing identifies the acquisition as direct ownership and does not disclose any derivative positions or additional terms beyond the vesting date.

Positive

• Acquisition of 775 RSUs increases director's stake to 50,169 shares
• RSUs vest in full on 09/30/2026, making future share issuance and ownership timing explicit

Negative

• None.

Insights

Corporate Governance Expert

Director reported purchase of 775 RSUs, increasing direct holdings to 50,169.

What it means: This Form 4 discloses an acquisition of 775 restricted stock units at a reported price of $71.05 on 09/30/2025, recorded as direct beneficial ownership. The units are scheduled to vest in full on 09/30/2026, converting to one share each upon vesting.

Why it matters: Insider acquisitions and vesting schedules are routinely monitored by investors for alignment with shareholder interests and potential future share issuance. The filing provides clear, dated facts about quantity, price, and vesting; there are no derivatives or additional contingent terms disclosed in this report.

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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

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)
09/30/2025

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
Common Stock	09/30/2025(1)		A		775	A	$71.05	50,169	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 restricted stock units that will vest in full on September 30, 2026. Each restricted stock unit represents a contingent right to receive one share of Synchrony Financial common stock.

Remarks:

	/s/ Danielle Do as attorney-in-fact	10/02/2025
	** 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

What did Synchrony Financial director Arthur W. Coviello Jr. report on Form 4 (SYF)?

The Form 4 reports an acquisition of 775 shares (restricted stock units) at $71.05 each on 09/30/2025, bringing total beneficial ownership to 50,169 shares.

Are the shares immediately transferable or restricted (SYF)?

The filing specifies these are restricted stock units that will vest in full on 09/30/2026; each unit converts to one share upon vesting.

Does the Form 4 disclose any derivative positions for Arthur W. Coviello Jr. (SYF)?

No. Table II for derivative securities contains no entries; the filing only reports the non-derivative acquisition and the RSU vesting explanation.

Who signed the Form 4 and when was it signed (SYF)?

The Form 4 was signed by Danielle Do as attorney-in-fact on 10/02/2025.

How many total shares will the reported RSUs convert to upon vesting for SYF?

The filing states each RSU represents a contingent right to one share, so 775 RSUs will convert to 775 shares on vesting.