Synchrony director buys shares via dividend plan

Synchrony Financial (SYF) director Arthur W. Coviello Jr. reported acquisitions on August 17, 2026.

Rhea-AI Filing Summary

Synchrony Financial (SYF) director Arthur W. Coviello Jr. reported acquisitions on August 17, 2026. He received 14 Dividend Equivalent Units tied to existing restricted stock units, each economically equal to one SYF share, and acquired 11 common shares through a broker dividend reinvestment plan, bringing his directly held common shares to 26,166.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider COVIELLO ARTHUR W JR

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Dividend Equivalent Unit F1	14	$80.75	$1K
Small Acquisition	Common Stock F2, F3	11	$80.60	$886.60

Holdings After Transaction: Dividend Equivalent Unit — 26,156 shares (Direct); Common Stock — 26,166 shares (Direct)

Footnotes (3)

1. 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.
2. F2. Shares acquired pursuant to a broker dividend reinvestment plan.
3. F3. Balance adjusted to account for rounding of fractional shares over time.

Key Figures

Dividend Equivalent Units acquired: 14 units Price per Dividend Equivalent Unit: $80.75 per unit Common shares acquired via DRIP: 11 shares +3 more

6 metrics

Dividend Equivalent Units acquired 14 units Accrued August 17, 2026 as dividends on common shares underlying restricted stock units

Price per Dividend Equivalent Unit $80.75 per unit Economic equivalent of one share of Synchrony Financial common stock

Common shares acquired via DRIP 11 shares Shares acquired pursuant to a broker dividend reinvestment plan on August 17, 2026

DRIP share price $80.60 per share Price for 11 common shares acquired through broker dividend reinvestment plan

Direct common shares after transactions 26,166 shares Total directly held SYF common shares following August 17, 2026 acquisition

Dividend Equivalent Unit value 1:1 with SYF common stock Each Dividend Equivalent Unit is the economic equivalent of one SYF common share

Key Terms

Dividend Equivalent Unit, restricted stock units, broker dividend reinvestment plan, Rule 16a-6

4 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.

broker dividend reinvestment plan financial

"Shares acquired pursuant to a broker dividend reinvestment plan."

Rule 16a-6 regulatory

"transaction_code_description": "Small acquisition under Rule 16a-6"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did SYF director Arthur W. Coviello Jr. report on August 17, 2026?

Arthur W. Coviello Jr. reported two acquisition transactions on August 17, 2026: 14 Dividend Equivalent Units credited on restricted stock units and 11 SYF common shares acquired through a broker dividend reinvestment plan, increasing his direct common share holdings.

How many Synchrony Financial (SYF) common shares does Arthur W. Coviello Jr. hold after these Form 4 transactions?

Following the August 17, 2026 transactions, Arthur W. Coviello Jr. directly holds 26,166 SYF common shares. This figure reflects the additional 11 shares acquired via a broker dividend reinvestment plan and prior reported holdings, as adjusted for rounding of fractional shares over time.

What are the Dividend Equivalent Units reported by the SYF director on this Form 4?

The Form 4 shows 14 Dividend Equivalent Units accrued as of August 17, 2026. These units represent dividends on common shares underlying restricted stock units and vest and settle on the same terms as those restricted stock units, each economically equal to one SYF share.

How were the additional common shares of SYF acquired by Arthur W. Coviello Jr.?

Arthur W. Coviello Jr. acquired 11 SYF common shares through a broker dividend reinvestment plan. This means cash dividends paid on existing holdings were automatically reinvested to purchase additional SYF shares at a per-share price of $80.60.

At what prices were the SYF insider’s August 17, 2026 acquisitions recorded?

The 14 Dividend Equivalent Units were valued at $80.75 per unit, each economically equal to one SYF share. The 11 directly acquired SYF common shares through the dividend reinvestment plan were recorded at a price of $80.60 per share on the same date.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 08/19/2026 - 04:49 PM EDT Learn about SEC filing dates

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).

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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/17/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Dividend Equivalent Unit	08/17/2026		A		14(1)	A	$80.75(1)	26,156	D
Common Stock	08/17/2026		L(2)		11	A	$80.6	26,166(3)	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 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.

2. Shares acquired pursuant to a broker dividend reinvestment plan.

3. Balance adjusted to account for rounding of fractional shares over time.

Remarks:

	/s/ Danielle Do as attorney-in-fact	08/19/2026
	** 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.
* Form 4: SEC 1474 (03-26)