Synchrony (NYSE: SYF) director holds 51,824 dividend equivalent units
Rhea-AI Filing Summary
Synchrony Financial (SYF) reported that director Richie Laurel acquired 138 dividend equivalent units on August 17, 2026, at a reference value of $80.75 per unit. These units arose from dividends paid on common shares underlying previously granted restricted and deferred stock units under company plans. After this accrual and minor rounding adjustments over time, Laurel holds 51,824 dividend equivalent units directly.
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Insider Trade Summary
Net Buyer: 138 shares
Net Buy
1 txn
Insider
Richie Laurel
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Unit F1, F2 | 138 | $80.75 | $11K |
Holdings After Transaction:
Dividend Equivalent Unit — 51,824 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 and deferred stock units previously granted to the Reporting Person under the Company's Long-Term Incentive Plans and Non-Employee Director Deferred Compensation Plan. 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: 138 units
Per-unit reference value: $80.75 per unit
Units held after transaction: 51,824 units
3 metrics
Dividend equivalent units acquired
138 units
Accrued as of August 17, 2026 on dividends paid on underlying awards
Per-unit reference value
$80.75 per unit
Transaction price per dividend equivalent unit for the August 17, 2026 accrual
Units held after transaction
51,824 units
Total dividend equivalent units held directly by Richie Laurel after the accrual and rounding adjustments
Key Terms
Dividend Equivalent Unit, restricted stock units, deferred stock units, Long-Term Incentive Plans, +1 more
5 terms
Dividend Equivalent Unit financial
"Represents dividend equivalent units accrued on August 17, 2026 as dividends"
restricted stock units financial
"paid on the common shares underlying restricted stock units and deferred 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.
deferred stock units financial
"underlying restricted stock units and deferred stock units previously granted"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Long-Term Incentive Plans financial
"previously granted to the Reporting Person under the Company's Long-Term Incentive Plans"
Long-term incentive plans are multi-year pay programs that reward executives and key employees with stock, options, or cash bonuses when the company hits future performance goals. Think of it like paying someone with a portion of the business or future bonuses to keep them focused on growing the company over several years. Investors watch these plans because they influence executive decisions, potential share dilution, and whether management’s goals line up with long-term shareholder value.
Non-Employee Director Deferred Compensation Plan financial
"and Non-Employee Director Deferred Compensation Plan"
FAQ
What transaction did director Richie Laurel report in this Form 4 for SYF?
Director Richie Laurel reported acquiring 138 dividend equivalent units on August 17, 2026. These units were credited as dividends on underlying restricted and deferred stock units previously granted under Synchrony Financial’s incentive and director compensation plans.
How many Synchrony Financial (SYF) units does Richie Laurel hold after this transaction?
After the reported transaction, Richie Laurel holds 51,824 dividend equivalent units directly. The balance reflects the newly accrued dividend equivalents and adjustments for rounding of fractional shares that have occurred over time.
What are dividend equivalent units in the context of SYF’s Form 4 filing?
Dividend equivalent units are credits representing the value of dividends on underlying stock-based awards. In this filing, each dividend equivalent unit is described as the economic equivalent of one share of Synchrony Financial common stock tied to existing restricted and deferred stock units.
At what value were the 138 dividend equivalent units recorded for SYF?
The 138 dividend equivalent units were recorded at a reference value of $80.75 per unit. This price reflects the per-unit amount used in the transaction entry and is linked to dividends paid on the underlying Synchrony Financial common shares.
Were the SYF transactions for Richie Laurel under a Rule 10b5-1 trading plan?
The filing indicates the transaction was not made pursuant to a Rule 10b5-1 trading plan. The document-level Rule 10b5-1 checkbox is explicitly unchecked, suggesting the accrual of dividend equivalent units was not executed under a pre-arranged trading plan.
What caused the 138 dividend equivalent units reported by SYF for Richie Laurel?
The 138 dividend equivalent units accrued from dividends paid on common shares underlying restricted stock units and deferred stock units. These awards were previously granted to Richie Laurel under Synchrony Financial’s Long-Term Incentive Plans and Non-Employee Director Deferred Compensation Plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
