4Filed Aug 18, 8:00 PM ET
Synchrony Financial Director Leonard Receives 157-Share Award
$SYF · Synchrony FinancialResearch Summary
AI-generated summary of this SEC filing
Synchrony Financial Director Leonard Receives 157-Share Award
What Happened
- Alves Paget Leonard, a Director of Synchrony Financial (SYF), received an award/acquisition of 157 shares on August 17, 2026. The per-share value reported for the award was $80.75, for a total reported value of $12,678. This was an award of dividend equivalent units tied to previously granted restricted stock units and deferred stock units — not an open-market purchase.
Key Details
- Transaction type: Award/Acquisition (code A)
- Transaction date: August 17, 2026; Form 4 filed August 19, 2026 (timely)
- Price per share reported: $80.75; Total value: $12,678
- Shares owned after transaction: not specified in the provided filing excerpt
- Footnotes:
- F1: These are dividend equivalent units accrued and paid on the common shares underlying previously granted restricted stock units and deferred stock units; each unit equals the economic equivalent of one share.
- F2: Balance adjusted to account for rounding of fractional shares over time
Context
- Dividend equivalent units are a form of compensation that mirror dividends on underlying awards; they convert to the economic value of shares but are separate from open-market buying or selling. Such grants are part of long-term compensation and do not necessarily indicate the director’s personal buying or selling sentiment.