ELLINGER DEBORAH G 4

What Happened

• Deborah G. Ellinger, a director of Synchrony Financial (SYF), was credited with 7 dividend-equivalent units reported as an award/acquisition (code A) on May 15, 2026. The units were recorded at $71.38 each for a total economic value of approximately $500 (reported $500 / $499.66).

Key Details

• Transaction date and price: May 15, 2026 — 7 units at $71.38 each.
• Form filing: Reported on Form 4 filed May 19, 2026 (timely — filed within the two business-day SEC window for a May 15 transaction).
• Shares owned after transaction: Not specified in the excerpt provided.
• Transaction code: A (award/acquisition).
• Footnote: These are dividend equivalent units (DEUs) that accrued as dividends on the common shares underlying restricted stock units; each DEU is the economic equivalent of one share and vests and is settled on the same schedule as the related RSUs (per footnote F1).
• Tax withholding or other offsets: None reported in this filing excerpt.

Context

• Dividend-equivalent units are a form of compensation tied to restricted stock units, not an open-market purchase or sale; they reflect company compensation practices rather than a director buying or selling shares.
• Such awards are common for directors and do not necessarily indicate personal investment decisions.