COVIELLO ARTHUR W JR 4

What Happened

• Arthur W. Coviello Jr, a director of Synchrony Financial (SYF), sold 4,000 shares in an open-market transaction on May 1, 2026 at $76.55 per share, for proceeds of $306,200. The Form 4 was filed on May 5, 2026.

Key Details

• Transaction date and price: May 1, 2026 — 4,000 shares sold at $76.55 each.
• Total value: $306,200.
• Transaction type: Sale (open market).
• Footnote: The sale was made pursuant to a pre-established Rule 10b5-1 trading plan adopted by Mr. Coviello on July 25, 2025.
• Shares owned after transaction: Not specified in the materials provided.
• Filing timeliness: Form 4 filed on May 5, 2026 (appears timely under the two-business-day reporting rule for a May 1 transaction).

Context

• Sales by directors are often routine (e.g., diversification or plan-driven) and do not by themselves indicate company performance; this sale was executed under a 10b5-1 plan, which typically automates trades according to predetermined rules. No options, awards, gifts, or tax-withholding events were reported in the provided excerpt.