4Filed Apr 1, 8:00 PM ET
Synchrony (SYF) Director Zane Ellen M Receives Award of 883 RSUs
$SYF · Synchrony FinancialResearch Summary
AI-generated summary of this SEC filing
Synchrony (SYF) Director Zane Ellen M Receives Award of 883 RSUs
What Happened
- Zane Ellen M, a director of Synchrony Financial (SYF), was granted 883 restricted stock units (RSUs) on March 31, 2026. The award is recorded at $68.02 per share for a total reported value of $60,062. This transaction is coded as an award/other acquisition (A), not a purchase or sale of already-issued shares.
Key Details
- Transaction date and value: 2026-03-31; 883 RSUs @ $68.02 each; total $60,062.
- Transaction type: Award (Form 4 code A) — restricted stock units, not immediate shares.
- Vesting: Per the filing footnote, the RSUs will vest in full on March 31, 2027; each RSU represents a contingent right to one share.
- Shares owned after transaction: Not specified in the provided filing.
- Filing date/timeliness: Report filed 2026-04-02 (two days after the grant date), which appears timely under Form 4 rules.
- Accession No.: 0001369850-26-000003 (for reference).
Context
- RSU grants are a common form of director compensation and vesting awards do not convey actual stock ownership until vested and issued. Because this was a grant rather than an open-market purchase or sale, it should be viewed as compensation/retention activity rather than a direct buy/sell signal about the stock.