[Form 4] Synchrony Financial Insider Trading Activity

Rhea-AI Filing Summary

Synchrony Financial director Richie Laurel reported on Form 4 that he acquired 775 shares of Synchrony common stock on 09/30/2025 at a reported price of $71.05 per share. After the transaction he beneficially owns 48,965 shares directly. The filing clarifies the acquisition represents restricted stock units that will vest in full on 09/30/2026, with each unit converting into one share when vested. The Form 4 was signed by an attorney-in-fact and does not disclose any derivative transactions or changes to other holdings.

Positive

• Acquisition of 775 shares increases director's equity stake
• RSUs vesting 09/30/2026 signals medium-term alignment with shareholders

Negative

• None.

Insights

Corporate Governance Analyst

Director purchased 775 shares via RSUs, vesting in one year.

The Form 4 shows a 775‑share acquisition at $71.05 on 09/30/2025 and a post‑transaction direct beneficial ownership of 48,965 shares. The filing specifically identifies these units as restricted stock units that vest in full on 09/30/2026, so actual share delivery is contingent on vesting.

This is a routine executive compensation settlement rather than an open‑market discretionary purchase; it reflects compensation conversion timing and increases documented director holdings without indicating changes to control or derivative exposure.

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
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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^*

Richie Laurel

(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	48,965	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 Richie Laurel report on the Form 4 for SYF?

He reported acquiring 775 shares on 09/30/2025 at $71.05 and now beneficially owns 48,965 shares.

Were the shares purchased open‑market or from compensation?

The filing states the shares represent restricted stock units that will vest in full on 09/30/2026.

When will the reported RSUs convert into actual shares?

The RSUs are scheduled to vest and convert into shares on 09/30/2026 per the filing.

Does the Form 4 show any derivative transactions for SYF?

No. Table II for derivative securities contains no reported transactions in this filing.

Who signed the Form 4 filing for Richie Laurel?

The filing was signed by /s/ Danielle Do, as attorney in fact on 10/02/2025.