Synchrony Financial (SYF) Director Arthur W. Coviello Jr. Sells 4,000 Shares

What Happened

• Arthur W. Coviello Jr., a director of Synchrony Financial (SYF), sold 4,000 shares of SYF on August 3, 2026. The weighted-average sale price was $77.17 per share, for total proceeds of approximately $308,680. This was a sale (not a purchase or option exercise).

Key Details

• Transaction date: August 3, 2026 (reported on Form 4 filed August 4, 2026).
• Price: weighted average $77.17; shares sold in multiple trades at prices ranging from $76.46 to $77.45 (per filing). Further breakdown available on request.
• Number of shares sold: 4,000; total proceeds ≈ $308,680.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnotes: transaction was executed pursuant to a Rule 10b5-1 trading plan adopted July 25, 2025.
• Timeliness: filing was submitted the next day (appears timely).

Context

• Sales by directors can be routine (e.g., pre-set 10b5-1 plan) and do not by themselves indicate a change in company outlook; this sale was made under a pre-established 10b5-1 plan. No speculation on motives is provided.