Synchrony (SYF) Director Ellen M. Zane Receives 14-Share Award

What Happened Ellen M. Zane, a director of Synchrony Financial (SYF), was granted 14 shares (recorded as an award/acquisition) on May 15, 2026 at $71.38 per share, a reported total value of $999. The filing shows these are dividend equivalent units tied to restricted stock units rather than an open-market purchase.

Key Details

• Transaction date and price: 2026-05-15; 14 shares @ $71.38 each (total $999). Transaction code: A (award/acquisition).
• Shares owned after transaction: not specified in the supplied filing details.
• Footnote: These 14 units are dividend equivalent units (DEUs) accrued as dividends on underlying RSUs; each DEU is economically equivalent to one share and vests/settles on the same terms as the related RSUs.
• Filing timeliness: Report filed 2026-05-19 for a 2026-05-15 transaction; filing appears timely (within required reporting window).

Context Dividend-equivalent units are a common way to credit dividends on restricted stock units; they are not an open-market purchase and do not necessarily reflect additional cash invested by the insider. The aggregate value is small (~$1k), so this is routine compensation-related reporting rather than a material insider buy or sell.