[Form 4] SYNCHRONY FINANCIAL Insider Trading Activity
Alberto Casellas, an officer of Synchrony Financial (SYF) reported transactions dated 08/15/2025. The Form 4 discloses 56,917 dividend equivalent units accrued on restricted stock units, described as economic equivalents of one share each and vesting and settling on the same terms as the underlying restricted stock units. The filing also reports acquisition of phantom stock units under the Synchrony Financial Deferred Compensation Plan, which will be settled in cash six months after the reporting person separates from service; each phantom unit is the economic equivalent of one share. The form was signed by an attorney-in-fact on 08/19/2025.
Alberto Casellas, dirigente di Synchrony Financial (SYF), ha segnalato operazioni in data 15/08/2025. Il Modulo 4 indica l'accumulo di 56.917 unità equivalenti a dividendi su restricted stock units, descritte come equivalenti economici a un'azione ciascuna e soggette a vesting e liquidazione alle stesse condizioni delle restricted stock units sottostanti. La segnalazione riporta inoltre l'acquisizione di unità di phantom stock nell'ambito del Synchrony Financial Deferred Compensation Plan, che saranno liquidate in contanti sei mesi dopo la cessazione del rapporto di lavoro; ogni unità phantom rappresenta l'equivalente economico di un'azione. Il modulo è stato firmato da un procuratore il 19/08/2025.
Alberto Casellas, directivo de Synchrony Financial (SYF), reportó operaciones con fecha 15/08/2025. El Formulario 4 revela 56.917 unidades equivalentes de dividendo acumuladas sobre restricted stock units, descritas como equivalentes económicos a una acción cada una y que se consolidan y liquidan en los mismos términos que las restricted stock units subyacentes. La presentación también informa la adquisición de unidades de phantom stock bajo el Synchrony Financial Deferred Compensation Plan, que se pagarán en efectivo seis meses después de la separación del empleado; cada unidad phantom equivale económicamente a una acción. El formulario fue firmado por un apoderado el 19/08/2025.
Alberto Casellas 씨는 Synchrony Financial (SYF)의 임원으로서 2025-08-15자 거래를 보고했습니다. 제출된 Form 4에는 기초 restricted stock units와 동일한 조건으로 베스팅 및 정산되는, 각각 보통주 1주에 해당하는 경제적 효력을 가진 56,917개의 배당 등가 단위가 적립되었음이 공시되어 있습니다. 해당 서류는 또한 Synchrony Financial Deferred Compensation Plan에 따른 팬텀 스톡 유닛(phantom stock units)의 취득을 보고하고 있으며, 이들 유닛은 보고인의 근무 종료 후 6개월에 현금으로 정산됩니다; 각 팬텀 유닛은 1주에 해당하는 경제적 효력을 가집니다. 서류는 2025-08-19에 대리인이 서명했습니다.
Alberto Casellas, cadre de Synchrony Financial (SYF), a déclaré des opérations datées du 15/08/2025. Le formulaire 4 divulgue 56 917 unités équivalentes de dividende accumulées sur des restricted stock units, décrites comme l'équivalent économique d'une action chacune et se consolidant et se réglant selon les mêmes conditions que les restricted stock units sous-jacentes. Le dépôt signale également l'acquisition d'unités de phantom stock dans le cadre du Synchrony Financial Deferred Compensation Plan, qui seront réglées en numéraire six mois après la séparation du titulaire; chaque unité phantom représente l'équivalent économique d'une action. Le formulaire a été signé par un mandataire le 19/08/2025.
Alberto Casellas, ein Executive von Synchrony Financial (SYF), meldete Transaktionen datiert 15.08.2025. Das Formular 4 gibt 56.917 dividendenäquivalente Einheiten an, die auf Restricted Stock Units gutgeschrieben wurden und als wirtschaftliche Entsprechung jeweils einer Aktie beschrieben sind sowie zu den gleichen Bedingungen wie die zugrunde liegenden Restricted Stock Units vesten und abgerechnet werden. Die Meldung berichtet außerdem über den Erwerb von Phantomaktien-Einheiten im Rahmen des Synchrony Financial Deferred Compensation Plan, die sechs Monate nach Beendigung des Dienstverhältnisses in bar ausgezahlt werden; jede Phantom-Einheit entspricht wirtschaftlich einer Aktie. Das Formular wurde am 19.08.2025 von einem Bevollmächtigten unterzeichnet.
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Insights
TL;DR: Routine executive compensation entries showing dividend equivalents and deferred-compensation phantom units; no sale or outside transactions reported.
This Form 4 records non-sales compensation-related entries rather than open-market trades. The 56,917 dividend equivalent units reflect accrued dividends on restricted stock units that vest and settle on the same terms as the underlying awards, which is typical for aligning executive pay with shareholder outcomes. The phantom stock units were acquired under a deferred compensation plan and are payable in cash six months after separation, indicating a deferred cash payout vehicle rather than immediate equity dilution. No dispositions or open-market purchases by the reporting person are shown.
TL;DR: Compensation mechanics disclosed; dividend-equivalent accruals and deferred-compensation phantom units are standard plan-driven events.
The disclosure describes plan-driven accruals: dividend equivalent units tied to restricted stock units and phantom stock units acquired via a dividend reinvestment feature in the Deferred Compensation Plan. The phantom units carry a cash settlement timing provision (six months post-separation), which affects executive liquidity and tax timing but does not immediately change share count. Documentation includes the reporting persons title as EVP, CEO--Health & Wellness, confirming officer status for Section 16 reporting.
Alberto Casellas, dirigente di Synchrony Financial (SYF), ha segnalato operazioni in data 15/08/2025. Il Modulo 4 indica l'accumulo di 56.917 unità equivalenti a dividendi su restricted stock units, descritte come equivalenti economici a un'azione ciascuna e soggette a vesting e liquidazione alle stesse condizioni delle restricted stock units sottostanti. La segnalazione riporta inoltre l'acquisizione di unità di phantom stock nell'ambito del Synchrony Financial Deferred Compensation Plan, che saranno liquidate in contanti sei mesi dopo la cessazione del rapporto di lavoro; ogni unità phantom rappresenta l'equivalente economico di un'azione. Il modulo è stato firmato da un procuratore il 19/08/2025.
Alberto Casellas, directivo de Synchrony Financial (SYF), reportó operaciones con fecha 15/08/2025. El Formulario 4 revela 56.917 unidades equivalentes de dividendo acumuladas sobre restricted stock units, descritas como equivalentes económicos a una acción cada una y que se consolidan y liquidan en los mismos términos que las restricted stock units subyacentes. La presentación también informa la adquisición de unidades de phantom stock bajo el Synchrony Financial Deferred Compensation Plan, que se pagarán en efectivo seis meses después de la separación del empleado; cada unidad phantom equivale económicamente a una acción. El formulario fue firmado por un apoderado el 19/08/2025.
Alberto Casellas 씨는 Synchrony Financial (SYF)의 임원으로서 2025-08-15자 거래를 보고했습니다. 제출된 Form 4에는 기초 restricted stock units와 동일한 조건으로 베스팅 및 정산되는, 각각 보통주 1주에 해당하는 경제적 효력을 가진 56,917개의 배당 등가 단위가 적립되었음이 공시되어 있습니다. 해당 서류는 또한 Synchrony Financial Deferred Compensation Plan에 따른 팬텀 스톡 유닛(phantom stock units)의 취득을 보고하고 있으며, 이들 유닛은 보고인의 근무 종료 후 6개월에 현금으로 정산됩니다; 각 팬텀 유닛은 1주에 해당하는 경제적 효력을 가집니다. 서류는 2025-08-19에 대리인이 서명했습니다.
Alberto Casellas, cadre de Synchrony Financial (SYF), a déclaré des opérations datées du 15/08/2025. Le formulaire 4 divulgue 56 917 unités équivalentes de dividende accumulées sur des restricted stock units, décrites comme l'équivalent économique d'une action chacune et se consolidant et se réglant selon les mêmes conditions que les restricted stock units sous-jacentes. Le dépôt signale également l'acquisition d'unités de phantom stock dans le cadre du Synchrony Financial Deferred Compensation Plan, qui seront réglées en numéraire six mois après la séparation du titulaire; chaque unité phantom représente l'équivalent économique d'une action. Le formulaire a été signé par un mandataire le 19/08/2025.
Alberto Casellas, ein Executive von Synchrony Financial (SYF), meldete Transaktionen datiert 15.08.2025. Das Formular 4 gibt 56.917 dividendenäquivalente Einheiten an, die auf Restricted Stock Units gutgeschrieben wurden und als wirtschaftliche Entsprechung jeweils einer Aktie beschrieben sind sowie zu den gleichen Bedingungen wie die zugrunde liegenden Restricted Stock Units vesten und abgerechnet werden. Die Meldung berichtet außerdem über den Erwerb von Phantomaktien-Einheiten im Rahmen des Synchrony Financial Deferred Compensation Plan, die sechs Monate nach Beendigung des Dienstverhältnisses in bar ausgezahlt werden; jede Phantom-Einheit entspricht wirtschaftlich einer Aktie. Das Formular wurde am 19.08.2025 von einem Bevollmächtigten unterzeichnet.
FAQ
What did the Form 4 filed for SYF on 08/19/2025 report?
Who is the reporting person on this SYF Form 4?
Are the phantom stock units in the SYF filing settled in shares or cash?
Do the dividend equivalent units reported for SYF represent actual shares?
Was the Form 4 signed and who signed it?
