ELLINGER DEBORAH G 4

What Happened
Deborah G. Ellinger, a director of Synchrony Financial (SYF), was credited with 3 dividend-equivalent units (treated as an award/acquisition) on February 17, 2026. The units are valued at $72.31 each, for a total economic value of approximately $217. This was an awarded accrual tied to restricted stock units (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-02-17; Price/value per unit: $72.31; Total value: ~$217.
• Transaction type: A (award/acquisition — dividend equivalent units on RSUs).
• Shares owned after transaction: Not disclosed in the Form 4.
• Footnote: The 3 units are dividend equivalent units that accrued as dividends on underlying RSUs; they vest and settle on the same terms as those RSUs and are economically equivalent to one share each (Footnote F1).
• Filing date: 2026-02-19 — filed within the standard Form 4 reporting window.

Context
Dividend-equivalent units are a routine element of equity compensation tied to restricted stock units and do not reflect an open-market buy or sell decision. Such awards are generally compensation-related rather than direct signals of the insider’s market view.