5//SEC Filing
Schaller Bart 5
Accession 0001601712-25-000049
CIK 0001601712other
Filed
Feb 9, 7:00 PM ET
Accepted
Feb 10, 5:16 PM ET
Size
8.2 KB
Accession
0001601712-25-000049
Insider Transaction Report
Form 5
Schaller Bart
See remarks
Transactions
- Discretionary Transaction
Phantom Stock Units
2021-10-21−10,185→ 7,938 total→ Common Stock (10,185 underlying)
Holdings
- 17,560
Phantom Stock Units
→ Common Stock (17,560 underlying)
Footnotes (4)
- [F1]Phantom stock units held by the Reporting Person in the Synchrony Financial Restoration Plan, an excess benefit plan pursuant to Rule 16b-3(b)(2) (the "Restoration Plan"), as of June 14, 2021, the date the Reporting Person became a Section 16 Officer. This transaction is being reported late due to an inadvertent administrative error and not any error of the Reporting Person.
- [F2]Each phantom stock unit is the economic equivalent of one share of Synchrony Financial common stock.
- [F3]Phantom stock units acquired under the Restoration Plan will be settled, in cash, the month following the six-month anniversary of the Reporting Person's separation from Company unless otherwise provided by the terms of the Restoration Plan or elected by the Reporting Person.
- [F4]The Reporting Person transferred the cash value of 10,185 phantom stock units to an alternative investment option within the Reporting Person's Restoration Plan account. The disposition was valued based on the closing price of Synchrony Financial common stock on the date of the transfer, $49.09. This transaction is being reported late due to an inadvertent administrative error and not any error of the Reporting Person.
Documents
Issuer
Synchrony Financial
CIK 0001601712
Entity typeother
Related Parties
1- filerCIK 0001868883
Filing Metadata
- Form type
- 5
- Filed
- Feb 9, 7:00 PM ET
- Accepted
- Feb 10, 5:16 PM ET
- Size
- 8.2 KB