STOCK TITAN

Director Paget Leonard Alves (SYF) receives 789 restricted stock units as equity award

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

Rhea-AI Filing Summary

Synchrony Financial director Paget Leonard Alves received an equity award rather than buying shares on the market. On the award date, he acquired 789 restricted stock units valued at $76.05 per unit as compensation. These units vest in full on June 30, 2027, and will each convert into one share of common stock, bringing his direct holdings to 52,383 shares after the grant.

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Insider Alves Paget Leonard
Role null
Type Security Shares Price Value
Grant/Award Common Stock 789 $76.05 $60K
Holdings After Transaction: Common Stock — 52,383 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs granted 789 units Restricted stock unit award to director on June 30, 2026
Grant value per unit $76.05 per share Valuation used for restricted stock unit award
Shares after transaction 52,383 shares Director’s direct holdings following the award
Vesting date June 30, 2027 Date when all granted RSUs vest in full
restricted stock units financial
"Represents restricted stock units that will vest in full on June 30, 2027."
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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of Synchrony Financial common stock."
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
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Learn about SEC filing dates
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*
Alves Paget Leonard

(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
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026
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
Common Stock06/30/2026(1)A789A$76.0552,383D
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 restricted stock units that will vest in full on June 30, 2027. Each restricted stock unit represents a contingent right to receive one share of Synchrony Financial common stock.
Remarks:
/s/ Danielle Do, attorney-in-fact07/02/2026
** 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) director Paget Leonard Alves report?

Paget Leonard Alves reported receiving 789 restricted stock units of Synchrony Financial common stock. The award is compensation, not an open-market purchase, and increases his direct holdings to 52,383 shares following the transaction.

Was the Synchrony Financial (SYF) Form 4 transaction a stock purchase or a grant?

The transaction was a grant of restricted stock units, not a market purchase. Code A on the Form 4 indicates a grant, award, or other acquisition made as part of compensation rather than a voluntary buy in the open market.

At what price were Paget Leonard Alves’s restricted stock units in Synchrony Financial (SYF) valued?

The 789 restricted stock units were valued at $76.05 per unit on the grant date. This figure reflects the per-share price used for the award, even though no cash transaction occurred in the open market.

When do the restricted stock units granted to the Synchrony Financial (SYF) director vest?

The restricted stock units will vest in full on June 30, 2027. At that time, each unit converts into one share of Synchrony Financial common stock, assuming the director continues to meet the vesting conditions.

How many Synchrony Financial (SYF) shares does Paget Leonard Alves hold after this Form 4 transaction?

After the grant of 789 restricted stock units, Paget Leonard Alves is reported as owning 52,383 shares of Synchrony Financial common stock directly. This total reflects his position immediately following the reported award.