Synchrony Financial (SYF) officer receives 84 dividend equivalent units in Form 4 filing

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

1 transaction reported

Mixed 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, null)

Footnotes (1)

1. [object Object]

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"

Form 4 Insider Transactions: What Each Field Means →

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
Estimated average burden
hours per response:			0.5

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

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Gentleman Courtney

(Last) (First) (Middle)

777 LONG RIDGE ROAD

C/O CORPORATE SECRETARY

(Street)

STAMFORD CONNECTICUT 06902

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Synchrony Financial [ SYF ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See remarks

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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
Dividend Equivalent Unit	05/15/2026		A		84(1)	A	$71.38(1)	19,915	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 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.

Remarks:

EVP & CEO--Diversified & Value

	/s/ Danielle Do, as attorney-in-fact	05/19/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

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.