Synchrony director awarded 14 dividend units at $80.75
Synchrony Financial (SYF) director Fernando Aguirre reported an acquisition of 14 Dividend Equivalent Units on August 17, 2026.
Rhea-AI Filing Summary
Synchrony Financial (SYF) director Fernando Aguirre reported an acquisition of 14 Dividend Equivalent Units on August 17, 2026. These units were accrued as dividends on common shares underlying his restricted stock units and vest and settle on the same terms as those restricted stock units. Each Dividend Equivalent Unit is the economic equivalent of one share of Synchrony Financial common stock. After this award (with historical rounding adjustments), his directly held related units total 30,273, and he also reports 15,300 shares of common stock held indirectly by family trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 14 shares
Grant/Award
2 txns
Insider
AGUIRRE FERNANDO
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Unit F1, F2 | 14 | $80.75 | $1K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Dividend Equivalent Unit — 30,273 shares (Direct);
Common Stock — 15,300 shares (Indirect, By Family Trusts)
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. 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.
- F2. Balance adjusted to account for rounding of fractional shares over time.
Key Figures
Dividend Equivalent Units awarded: 14 units
Per-unit economic equivalence: 1 share
Price reference per unit: $80.75 per unit
+2 more
5 metrics
Dividend Equivalent Units awarded
14 units
Accrued on August 17, 2026 as dividends on RSU underlying shares
Per-unit economic equivalence
1 share
Each Dividend Equivalent Unit equals one share of Synchrony Financial common stock
Price reference per unit
$80.75 per unit
Transaction price per Dividend Equivalent Unit for this RSU-related award
Direct units after transaction
30,273 units
Total related Dividend Equivalent Units following the August 17, 2026 award and rounding adjustments
Indirect common shares
15,300 shares
Synchrony Financial common stock held indirectly by family trusts
Key Terms
Dividend Equivalent Unit, restricted stock units, economic equivalent, indirect ownership
4 terms
Dividend Equivalent Unit financial
"Represents dividend equivalent units accrued on August 17, 2026 as dividends"
restricted stock units financial
"common shares underlying restricted stock units. The dividend equivalent units vest"
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.
economic equivalent financial
"Each dividend equivalent unit is the economic equivalent of one share"
indirect ownership financial
"Common Stock ... ownership_type indirect ... nature_of_ownership By Family Trusts"
FAQ
What did Synchrony Financial (SYF) director Fernando Aguirre report in this Form 4?
Fernando Aguirre reported an award of 14 Dividend Equivalent Units on August 17, 2026. These units arise from dividends on shares underlying his restricted stock units and follow the same vesting and settlement terms as those restricted stock units.
What are Dividend Equivalent Units in the SYF Form 4 filing?
Dividend Equivalent Units are credits accrued as dividends on the common shares underlying restricted stock units. In this filing, each unit is the economic equivalent of one Synchrony Financial common share and vests, settles, and expires with the related restricted stock units.
What indirect holdings of Synchrony Financial (SYF) stock are reported for Fernando Aguirre?
The filing reports 15,300 shares of Synchrony Financial common stock held indirectly "By Family Trusts". These indirect holdings are separate from his directly reported Dividend Equivalent Units and are attributed to family trust ownership.
Do the Dividend Equivalent Units in this SYF filing pay out immediately?
No. The Dividend Equivalent Units vest proportionately with the underlying restricted stock units. They are subject to settlement and expiration on the same terms as the restricted stock units to which they relate.
Is this SYF Form 4 transaction a market purchase or sale of common stock?
No. The reported activity is a grant/award acquisition of 14 Dividend Equivalent Units tied to restricted stock units. There is no market purchase or sale of Synchrony Financial common stock disclosed in this Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.
