Synchrony officer granted dividend equivalent units
Gentleman Courtney reported acquisition or exercise transactions in this Form 4 filing.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Gentleman Courtney reported acquisition or exercise transactions in this Form 4 filing.
Courtney Gentleman, an officer of Synchrony Financial, received a grant of 84 dividend equivalent units on the common shares underlying existing restricted stock units. Each dividend equivalent unit is economically equal to one share of Synchrony Financial common stock, bringing the officer’s directly held dividend equivalent units to 19,915.
Insider Trade Summary
Grant/Award: 84 shares
Grant/Award
1 txn
Insider
Gentleman Courtney
Role
See remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Unit | 84 | $71.38 | $6K |
Holdings After Transaction:
Dividend Equivalent Unit — 19,915 shares (Direct)
Holdings Before and After:
Dividend Equivalent Unit, 19,831 to 19,915 shares (Direct)
Footnotes (1)
- F1. Represents dividend equivalent units accrued on May 15, 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.
Key Figures
Dividend equivalent units granted: 84 units
Reference price per unit: $71.38 per unit
Total units after transaction: 19,915 units
3 metrics
Dividend equivalent units granted
84 units
Accrued as of May 15, 2026
Reference price per unit
$71.38 per unit
Transaction price per share field
Total units after transaction
19,915 units
Directly held dividend equivalent units following grant
Key Terms
Dividend Equivalent Unit, restricted stock units, economic equivalent, Grant, award, or other acquisition
4 terms
Dividend Equivalent Unit financial
"Represents dividend equivalent units accrued on May 15, 2026 as dividends that were paid on the common shares underlying restricted stock units."
restricted stock units financial
"dividends that were paid on the common shares underlying restricted stock units."
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 of Synchrony Financial common stock."
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Synchrony Financial (SYF) report for Courtney Gentleman?
Synchrony Financial reported that officer Courtney Gentleman received 84 dividend equivalent units tied to existing restricted stock units. These units were accrued on May 15, 2026, based on dividends paid on the underlying common shares and function as stock-based compensation.
What are dividend equivalent units in the Synchrony Financial (SYF) Form 4?
Dividend equivalent units are awards that mirror dividends on underlying restricted stock units. For Courtney Gentleman, 84 units accrued as of May 15, 2026. Each unit is economically equal to one share of Synchrony Financial common stock and follows the same vesting and expiration terms.
How many Synchrony Financial (SYF) dividend equivalent units does Courtney Gentleman now hold?
After this Form 4 transaction, Courtney Gentleman holds 19,915 dividend equivalent units directly. This total reflects the addition of 84 units accrued as dividends on May 15, 2026, on the common shares underlying previously granted restricted stock units.
Was the Synchrony Financial (SYF) Form 4 transaction a market purchase or sale?
The Form 4 shows no open-market purchase or sale. Instead, Courtney Gentleman received a grant of 84 dividend equivalent units as compensation, coded as an acquisition (A), linked to dividends on existing restricted stock units rather than a discretionary trade in Synchrony Financial shares.
How do the new dividend equivalent units for SYF vest and settle?
The 84 new dividend equivalent units vest, settle, and expire under the same terms as the related restricted stock units. They are proportionately tied to the vesting schedule of those awards, maintaining alignment with the underlying Synchrony Financial common stock compensation structure.
AI-generated analysis. How Rhea-AI works. Not financial advice.
