Synchrony Financial (SYF) director's dividend units rise to 34,487
Rhea-AI Filing Summary
Synchrony Financial (SYF) reported that director P.W. Parker acquired 14 dividend equivalent units on August 17, 2026. These units accrued as dividends on common shares underlying restricted stock units and will vest and settle on the same terms as those restricted stock units. Following this award and minor rounding adjustments over time, Parker holds a total of 34,487 dividend equivalent units, each economically equivalent to one share of Synchrony Financial common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 14 shares
Net Buy
1 txn
Insider
Parker P.W.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Unit F1, F2 | 14 | $80.75 | $1K |
Holdings After Transaction:
Dividend Equivalent Unit — 34,487 shares (Direct)
Footnotes (2)
- F1. Represents dividend equivalent units accrued on August 17, 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.
- F2. Balance adjusted to account for rounding of fractional shares over time.
Key Figures
Dividend equivalent units acquired: 14 shares
Per-unit value: $80.75 per dividend equivalent unit
Total dividend equivalent units after transaction: 34,487 units
3 metrics
Dividend equivalent units acquired
14 shares
Grant of dividend equivalent units accrued on August 17, 2026
Per-unit value
$80.75 per dividend equivalent unit
Value associated with the August 17, 2026 dividend equivalent unit accrual
Total dividend equivalent units after transaction
34,487 units
Director P.W. Parker’s holdings following the August 17, 2026 accrual and rounding adjustments
Key Terms
Dividend Equivalent Unit, restricted stock units, economic equivalent
3 terms
Dividend Equivalent Unit financial
"Represents dividend equivalent units accrued on August 17, 2026 as dividends"
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"
FAQ
What insider transaction did SYF director P.W. Parker report on August 17, 2026?
P.W. Parker reported acquiring 14 dividend equivalent units on August 17, 2026. These units accrued as dividends on common shares underlying restricted stock units and follow the same vesting, settlement, and expiration terms as the related restricted stock units.
How many dividend equivalent units does P.W. Parker hold in Synchrony Financial (SYF) after this Form 4?
After this transaction, P.W. Parker holds 34,487 dividend equivalent units tied to Synchrony Financial stock. This balance reflects the new accrual of 14 units and historical rounding adjustments of fractional shares accumulated over time, as described in the filing footnotes.
What is a dividend equivalent unit in the context of SYF’s Form 4 filing?
A dividend equivalent unit is described as the economic equivalent of one share of Synchrony Financial common stock. These units accrue as dividends on the common shares underlying restricted stock units and vest, settle, and expire on the same terms as those restricted stock units.
How were the 14 dividend equivalent units for SYF’s director generated?
The 14 dividend equivalent units accrued on August 17, 2026 as dividends paid on the common shares underlying Parker’s restricted stock units. They are not open-market purchases but automatic awards linked to dividend payments on those underlying restricted stock units.
Does Synchrony Financial (SYF) indicate any price for the dividend equivalent units in this Form 4?
The filing lists a value of $80.75 per dividend equivalent unit. A footnote explains that each dividend equivalent unit is economically equivalent to one share of Synchrony Financial common stock, reflecting the dividend-related nature of the award rather than a market purchase price.
AI-generated analysis. How Rhea-AI works. Not financial advice.