Synchrony Financial (SYF) officer sells 44,411 shares under 10b5-1 plan

Rhea-AI Filing Summary

Synchrony Financial executive Carol Juel reported mixed insider activity involving company equity on February 17, 2026. She received 243 dividend equivalent units tied to restricted stock units, each economically equal to one common share, reflecting dividends on underlying awards. On the same date, she sold 44,411 shares of Synchrony Financial common stock in an open-market transaction at a reported price of $70.60 per share under a pre-established Rule 10b5-1 trading plan. Following these transactions, her directly held common stock position was 58,773 shares, and her dividend equivalent unit balance was 103,184 units.

Insider Trade Summary

Net Seller: 44,411 shares ($3,135,417)

Net Sell 2 txns

Insider Juel Carol

Role See remarks

Sold 44,411 shs ($3.14M)

Type	Security	Shares	Price	Value
Grant/Award	Dividend Equivalent Unit	243	$72.31	$18K
Sale	Common Stock	44,411	$70.60	$3.14M

Holdings After Transaction: Dividend Equivalent Unit — 103,184 shares (Direct); Common Stock — 58,773 shares (Direct)

Footnotes (1)

1. Represents dividend equivalent units accrued on February 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. This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 11, 2025.

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).

X

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^*

Juel Carol

(Last) (First) (Middle)

777 LONG RIDGE ROAD

C/O CORPORATE SECRETARY

(Street)

STAMFORD CT 06902

(City) (State) (Zip)

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

3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026

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

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

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

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	02/17/2026		A		243(1)	A	$72.31(1)	103,184	D
Common Stock	02/17/2026		S		44,411(2)	D	$70.6	58,773	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 February 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.

2. This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 11, 2025.

Remarks:

EVP, Chief Technology and Operating Officer

	/s/ Danielle Do as attorney in fact	02/19/2026
	** 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.

FAQ

What insider transactions did Carol Juel report at Synchrony Financial (SYF)?

Carol Juel reported both an equity award and a sale. She acquired 243 dividend equivalent units linked to restricted stock units and sold 44,411 shares of Synchrony Financial common stock in an open-market transaction on February 17, 2026, under a Rule 10b5-1 trading plan.

How many Synchrony Financial (SYF) shares did Carol Juel sell and at what price?

Carol Juel sold 44,411 shares of Synchrony Financial common stock at a reported price of $70.60 per share. The sale was classified as an open-market or private transaction and executed pursuant to a pre-arranged Rule 10b5-1 trading plan.

What are the dividend equivalent units reported by Carol Juel at SYF?

The filing shows 243 dividend equivalent units accrued as of February 17, 2026. These units mirror dividends on common shares underlying restricted stock units and vest, settle, and expire on the same terms as those restricted stock units, with each unit economically equal to one SYF common share.

Did Carol Juel use a Rule 10b5-1 plan for the SYF share sale?

Yes. The open-market sale of 44,411 Synchrony Financial common shares was made pursuant to a Rule 10b5-1 trading plan. This plan was previously adopted by the reporting person on November 11, 2025, providing a pre-arranged framework for executing the transaction.

What Synchrony Financial holdings did Carol Juel report after these transactions?

After the reported transactions, Carol Juel directly held 58,773 shares of Synchrony Financial common stock. She also held 103,184 dividend equivalent units, which are tied to restricted stock units and are each the economic equivalent of one share of SYF common stock.