Parker P.W. 4

What Happened

• Parker P.W., a director of Synchrony Financial (SYF), was granted 14 shares on 2026-02-17 as an award/acquisition (code A) at an imputed price of $72.31 per share, a total economic value of about $1,012.
• This was not an open-market buy or sale but an award of dividend-equivalent units tied to existing restricted stock units (RSUs).

Key Details

• Transaction date: 2026-02-17; Form 4 filed: 2026-02-19.
• Price/value recorded: $72.31 per unit; total ≈ $1,012.
• Shares owned following the transaction: not specified in the provided filing.
• Footnote: the 14 units are dividend-equivalent units (DEUs) accrued as dividends on the common shares underlying RSUs. DEUs vest, settle and expire on the same terms as the related RSUs; each DEU is the economic equivalent of one share.
• Transaction code: A (award/grant). No 10b5-1 plan, tax withholding, or late-filing flag noted in the provided data.

Context

• Dividend-equivalent unit awards are a form of compensation that mirror dividends on RSUs and typically vest per the underlying RSU schedule; they are not an immediate purchase signal. The dollar amount here is modest and reflects routine director compensation rather than a market-timing trade.