Synchrony Financial (NYSE: SYF) director sells 4,000 shares under 10b5-1 plan
Rhea-AI Filing Summary
Synchrony Financial director Arthur W. Coviello Jr. sold 4,000 shares of Common Stock on August 3, 2026 at a weighted average price of $77.17 per share. The sale was made under a Rule 10b5-1 trading plan adopted July 25, 2025, leaving 26,144 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 4,000 shares
Net Sell
1 txn
Insider
COVIELLO ARTHUR W JR
Role
Director
Sold
4,000 shs ($309K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 4,000 | $77.17 | $309K |
Holdings After Transaction:
Common Stock — 26,144 shares (Direct)
Footnotes (2)
- F1. This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on July 25, 2025.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.46 to $77.45. Information regarding the number of shares sold at each price will be provided upon request.
Key Figures
Shares sold: 4,000 shares
Weighted average price: $77.17 per share
Price range: $76.46 to $77.45
+2 more
5 metrics
Shares sold
4,000 shares
Common Stock sold on August 3, 2026 by director Arthur W. Coviello Jr.
Weighted average price
$77.17 per share
Average sale price for the 4,000 shares of Common Stock
Price range
$76.46 to $77.45
Range of individual trade prices within the 4,000-share sale
Shares owned after sale
26,144 shares
Directly held Common Stock following the August 3, 2026 transaction
10b5-1 plan adoption date
July 25, 2025
Date Arthur W. Coviello Jr. adopted the Rule 10b5-1 trading plan
Key Terms
Rule 10b5-1 trading plan, weighted average price, Common Stock
3 terms
Rule 10b5-1 trading plan financial
"This transaction was made pursuant to a Rule 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider sale did Synchrony Financial (SYF) disclose in this Form 4?
Synchrony Financial reported that director Arthur W. Coviello Jr. sold 4,000 shares of Common Stock on August 3, 2026 at a weighted average price of $77.17 per share, leaving him with 26,144 shares held directly after the transaction.
Was the Synchrony Financial (SYF) insider sale under a Rule 10b5-1 plan?
Yes. The filing states the sale was made pursuant to a Rule 10b5-1 trading plan. The plan was adopted by Arthur W. Coviello Jr. on July 25, 2025, indicating the trades were pre-arranged rather than discretionary at the time of execution.
Who is the insider involved in this Synchrony Financial (SYF) Form 4?
The Form 4 identifies Arthur W. Coviello Jr. as the reporting person, serving as a director of Synchrony Financial. He reported selling 4,000 shares of Common Stock in an open market or private transaction on August 3, 2026 under a Rule 10b5-1 plan.