4//SEC Filing
Alves Paget Leonard 4
Accession 0001601712-24-000371
CIK 0001601712other
Filed
Nov 18, 7:00 PM ET
Accepted
Nov 19, 6:11 PM ET
Size
6.1 KB
Accession
0001601712-24-000371
Insider Transaction Report
Form 4
Alves Paget Leonard
Director
Transactions
- Award
Dividend Equivalent Unit
2024-11-15$64.98/sh+121$7,863→ 45,896 total
Footnotes (2)
- [F1]Represents dividend equivalent units accrued on November 15, 2024 as dividends that were paid on the common shares underlying restricted stock units and deferred stock units previously granted to the Reporting Person under the Company's Long-Term Incentive Plans and Non-Employee Director Deferred Compensation Plan (the "NED Deferred Compensation Plan"). The dividend equivalent units vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted stock units or deferred stock units to which they relate. Under the NED Deferred Compensation Plan, deferred stock units settle in shares of common stock according to the Reporting Person's election, in a single lump sum, in five installments or in ten installments, commencing in the July of the year following the year in which the Reporting Person terminates service with the Company. Each dividend equivalent unit is the economic equivalent of one share of Synchrony Financial common stock.
- [F2]Includes approximately 2,003 dividend equivalent units accrued from regular quarterly dividends that were paid from May 3, 2019 through August 15, 2024 on the common shares underlying deferred stock units previously granted to the Reporting Person under the NED Deferred Compensation Plan. These dividend equivalent units were inadvertently not reported previously due to an administrative error and not any error of the Reporting Person.
Documents
Issuer
Synchrony Financial
CIK 0001601712
Entity typeother
Related Parties
1- filerCIK 0001315419
Filing Metadata
- Form type
- 4
- Filed
- Nov 18, 7:00 PM ET
- Accepted
- Nov 19, 6:11 PM ET
- Size
- 6.1 KB