STOCK TITAN

Synchrony Financial (SYF) director awarded 789 RSUs in new equity grant

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

Rhea-AI Filing Summary

COVIELLO ARTHUR W JR reported acquisition or exercise transactions in this Form 4 filing.

Synchrony Financial director Arthur W. Coviello Jr. reported an award of 789 shares of common stock in the form of restricted stock units. The units were valued at $76.05 per share for reporting purposes, and following this grant he directly holds 30,144 shares of Synchrony Financial common stock.

The footnote explains that these 789 restricted stock units will vest in full on June 30, 2027. Each unit represents a contingent right to receive one share of Synchrony Financial common stock once the vesting condition is satisfied.

Positive

  • None.

Negative

  • None.

Insights

Director receives a routine restricted stock unit award, adding modest equity exposure.

The filing shows director Arthur W. Coviello Jr. acquiring 789 restricted stock units of Synchrony Financial as a grant or award. The award is priced at $76.05 per unit for reporting and brings his direct holdings to 30,144 common shares.

The units vest in full on June 30, 2027, meaning he must remain eligible through that date to receive the underlying shares. As a standard equity compensation grant with no derivative exercises or open‑market trades, this event is generally viewed as routine and not thesis‑changing for investors.

Insider COVIELLO ARTHUR W JR
Role null
Type Security Shares Price Value
Grant/Award Common Stock 789 $76.05 $60K
Holdings After Transaction: Common Stock — 30,144 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant size 789 shares Restricted stock units granted to director on June 30, 2026
Grant valuation price $76.05 per share Reported transaction price per restricted stock unit
Holdings after grant 30,144 shares Total Synchrony Financial common shares directly held after transaction
Vesting date June 30, 2027 Date when the 789 restricted stock units 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."
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
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.
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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*
COVIELLO ARTHUR W JR

(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$76.0530,144D
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 as 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 did Synchrony Financial (SYF) director Arthur W. Coviello Jr. report on this Form 4?

He reported receiving 789 restricted stock units of Synchrony Financial common stock as a grant. The award is recorded at $76.05 per unit, increasing his direct holdings to 30,144 shares following the transaction.

Is the Synchrony Financial (SYF) Form 4 a stock purchase or a compensation grant?

This Form 4 reflects a grant/award acquisition, not an open-market stock purchase. Director Arthur W. Coviello Jr. received 789 restricted stock units as equity compensation, valued at $76.05 per share for reporting purposes.

When do Arthur W. Coviello Jr.’s restricted stock units in Synchrony Financial (SYF) vest?

The 789 restricted stock units reported will vest in full on June 30, 2027. Upon vesting, each unit converts into one share of Synchrony Financial common stock, assuming Mr. Coviello continues to satisfy applicable vesting conditions.

How many Synchrony Financial (SYF) shares does Arthur W. Coviello Jr. hold after this Form 4 transaction?

Following this award, Arthur W. Coviello Jr. directly holds 30,144 shares of Synchrony Financial common stock. This total includes his existing stake plus the newly granted 789 restricted stock units reported in the filing.

What is the reported value per share of the Synchrony Financial (SYF) restricted stock unit grant?

The 789 restricted stock units are reported at $76.05 per share. This figure is used for disclosure and valuation in the Form 4 and reflects the price applied to the grant at the transaction date.