COVIELLO ARTHUR W JR 4

What Happened
Arthur W. Coviello Jr., a director of Synchrony Financial (SYF), was credited with 14 dividend-equivalent units on February 17, 2026. The filing reports an acquisition-type award at $72.31 per unit, totaling $1,012. This was an award (not an open-market purchase or sale) tied to restricted stock units.

Key Details

• Transaction date: 2026-02-17; filing date: 2026-02-19 (timely Form 4 filing).
• Reported terms: 14 units × $72.31 = $1,012 (reported). Transaction code: A (award/grant).
• Shares owned after transaction: Not provided in the supplied filing data.
• Footnote: These are dividend equivalent units that accrued as dividends on the common shares underlying restricted stock units; they vest and settle on the same terms as the related RSUs and each unit is the economic equivalent of one share.
• No indication of a 10b5-1 plan, sale, tax-withholding, or late filing in the provided data.

Context
Dividend-equivalent units are a form of compensation tied to restricted stock units and are not a market purchase or sale — they reflect accrued dividends and will vest/settle according to the RSU agreement. Such awards are common for executives and directors and do not, by themselves, indicate a buy/sell trading signal.