STOCK TITAN

Brian Doubles of Synchrony (NYSE: SYF) granted 1,017 dividend equivalent units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

DOUBLES BRIAN D reported acquisition or exercise transactions in this Form 4 filing.

Synchrony Financial director and officer Brian D. Doubles received a grant of 1,017 dividend equivalent units on May 15, 2026. These units were accrued as dividends on common shares underlying his restricted stock units and will vest and settle on the same terms as those awards. Each unit is the economic equivalent of one share of Synchrony Financial common stock, bringing his directly held total to 830,239 units/shares after the transaction.

Positive

  • None.

Negative

  • None.
Insider DOUBLES BRIAN D
Role See remarks
Type Security Shares Price Value
Grant/Award Dividend Equivalent Unit 1,017 $71.38 $73K
Holdings After Transaction: Dividend Equivalent Unit — 830,239 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Dividend equivalent units granted 1,017 units Grant on May 15, 2026
Implied reference price $71.38 per unit Transaction price per dividend equivalent unit
Holdings after transaction 830,239 units/shares Total directly held after May 15, 2026 grant
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."
SEC Form 4
FORM 4UNITED 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*
DOUBLES BRIAN D

(Last)(First)(Middle)
C/O SYNCHRONY FINANCIAL
777 LONG RIDGE ROAD

(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)
XDirector10% Owner
XOfficer (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)
XForm 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)
CodeVAmount(A) or (D)Price
Dividend Equivalent Unit05/15/2026A1,017(1)A$71.38(1)830,239D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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:
President and CEO
/s/ Danielle Do, as attorney in fact05/19/2026
** Signature of Reporting PersonDate
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 Brian D. Doubles?

Synchrony Financial reported that Brian D. Doubles received 1,017 dividend equivalent units on May 15, 2026. These units accrued as dividends on common shares underlying his restricted stock units and follow the same vesting and settlement schedule as those awards.

What are dividend equivalent units in the Synchrony Financial (SYF) Form 4?

Dividend equivalent units are awards that mirror cash dividends paid on underlying restricted stock units. For Synchrony Financial, each dividend equivalent unit is the economic equivalent of one common share and vests, settles, and expires on the same terms as the related restricted stock units.

How many Synchrony Financial units does Brian D. Doubles hold after this Form 4 transaction?

After receiving 1,017 dividend equivalent units, Brian D. Doubles holds a total of 830,239 units or shares directly. This figure reflects his position following the May 15, 2026 grant reported in the Form 4 filing for Synchrony Financial.

Was the May 2026 Synchrony Financial (SYF) insider transaction a purchase or a grant?

The May 15, 2026 transaction was a grant or award, not an open-market purchase. Brian D. Doubles acquired 1,017 dividend equivalent units as compensation related to dividends on restricted stock units, classified as a grant, award, or other acquisition in the filing.

How do the dividend equivalent units for SYF vest and settle for Brian D. Doubles?

The dividend equivalent units vest proportionately with the underlying restricted stock units. For Brian D. Doubles, they are subject to the same settlement timing and expiration terms as the related restricted stock units, aligning their economic treatment with those equity awards.