|4Feb 19, 4:03 PM ET

DOUBLES BRIAN D 4

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Synchrony (SYF) CEO Brian D. Doubles Receives 1,172-Share Award

What Happened

  • Brian D. Doubles, President and CEO of Synchrony Financial, was credited with 1,172 shares as an award (Transaction code A) on February 17, 2026. The units are valued at $72.31 each, for a total economic value of approximately $84,747.
  • These were dividend-equivalent units paid on the common shares underlying restricted stock units (RSUs), not an open-market purchase.

Key Details

  • Transaction date and filing: Transaction on 2026-02-17; Form 4 filed 2026-02-19 (timely).
  • Price/value: 1,172 units at $72.31 per unit; total ~$84,747.
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Footnote: The 1,172 units represent dividend equivalents accrued on RSUs; they vest, settle, and expire on the same terms as the related RSUs. Each dividend-equivalent unit is the economic equivalent of one share.
  • Transaction type: A = Award/Grant (compensation-related), not a market buy or sale.

Context

  • Dividend-equivalent units are a form of compensation tied to RSUs and typically vest according to the RSU schedule; they do not indicate an open-market purchase decision by the insider.
  • For retail investors, compensation awards can align executives’ interests with shareholders but should be viewed separately from insider purchases or sales when assessing insider sentiment.