COVIELLO ARTHUR W JR 4
4 · Synchrony Financial · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Synchrony Financial (SYF) Director Arthur W. Coviello Jr Receives 789 RSUs
What Happened
Arthur W. Coviello Jr., a director of Synchrony Financial (SYF), was granted 789 restricted stock units (transaction code A) on June 30, 2026. The award is reported at a per-share value of $76.05, for a total reported value of $60,003. This was an equity award (RSUs), not an open-market purchase or sale.
Key Details
- Transaction date: June 30, 2026; filing date: July 2, 2026 (appears timely).
- Grant: 789 restricted stock units at $76.05 per unit; total reported value $60,003.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote: RSUs will vest in full on June 30, 2027; each RSU is a contingent right to one share upon vesting.
- Transaction type/code: A = award/grant (no sale or tax-withholding disposition reported in the excerpt).
Context
Restricted stock units are a form of compensation that convert to actual shares only upon vesting (here, one year later). Awards are common for directors and executives as retention/compensation and do not necessarily signal immediate bullish or bearish views; purchases tend to be more directly informative about an insider’s market sentiment.
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-30$76.05/sh+789$60,003→ 30,144 total
Footnotes (1)
- [F1]Represents restricted stock units that will vest in full on June 30, 2027. Each restricted stock unit represents a contingent right to receive one share of Synchrony Financial common stock.