Alves Paget Leonard 4

What Happened

• Alves Paget Leonard, a director of Synchrony Financial, received 153 dividend-equivalent units on May 15, 2026. The units are valued at $71.38 each, for a total economic value of $10,921. The transaction is reported as an Award/Grant (code A) on a Form 4.

Key Details

• Transaction date and price: May 15, 2026 — 153 units at $71.38 per unit (total $10,921).
• Nature of award: Dividend equivalent units credited as dividends on previously granted restricted stock units (RSUs) and deferred stock units (DSUs).
• Footnote: Each dividend-equivalent unit is the economic equivalent of one share of Synchrony Financial common stock and was accrued as dividends paid on the underlying RSUs/DSUs under the company’s Long-Term Incentive Plans and Non-Employee Director Deferred Compensation Plan.
• Shares owned after transaction: Not specified in the summary provided; refer to the full Form 4 on EDGAR for post-transaction holdings.
• Filing date/timeliness: Form 4 filed May 19, 2026 reporting the May 15 transaction. (Form 4s are generally due within two business days of the transaction — check the EDGAR filing for any late-filing notation.)

Context

• These dividend-equivalent units are compensation-related and represent payouts tied to previously granted equity awards, not an open-market purchase or sale. Such grants are routine for directors and do not necessarily signal a personal buy/sell decision in the market.