COVIELLO ARTHUR W JR 4

What Happened
Arthur W. Coviello Jr., a director of Synchrony Financial (SYF), was granted 883 restricted stock units (RSUs) on March 31, 2026. The grant is recorded at a per-share value of $68.02, for a total grant value of $60,062. This is an award/compensation grant (not an open-market purchase or sale).

Key Details

• Transaction date and price: 2026-03-31; 883 RSUs at $68.02 per share (total $60,062).
• Filing date: Form 4 filed April 2, 2026 (reports the March 31, 2026 grant).
• Shares owned after transaction: not disclosed in the provided filing.
• Footnote: F1 — These are restricted stock units that will vest in full on March 31, 2027; each RSU represents a contingent right to one share of Synchrony common stock.
• Transaction type code: A = Award/Grant.

Context
RSU grants are a form of compensation and typically vest over time; they do not represent an immediate market purchase or sale. Upon vesting (here, March 31, 2027), each RSU becomes convertible into one share of SYF common stock and may then be held or sold per the insider’s choices and company policy. Awards can reflect routine compensation practices rather than a direct signal about the insider’s short-term view of the stock.