DOUBLES BRIAN D 4

What Happened

• Brian D. Doubles, President and CEO of Synchrony Financial (SYF), was granted/received 1,017 dividend-equivalent units on May 15, 2026. The units are valued at $71.38 each, for a total economic value of $72,593. The transaction is reported as an acquisition/award (code A) rather than an open-market purchase.

Key Details

• Transaction date and price: May 15, 2026 — 1,017 units @ $71.38 = $72,593 total.
• Shares owned after transaction: Not disclosed in this filing.
• Footnote: F1 — these are dividend equivalent units accrued as dividends on the restricted stock units (RSUs). Each DEU is economically equivalent to one share and vests/settles on the same terms as the related RSUs.
• Filing timeliness: Reported on Form 4 filed May 19, 2026; filing appears timely (within the required reporting window).

Context

• Dividend-equivalent units are compensation tied to RSUs (they mirror dividends on the underlying RSUs) and are not the same as an open-market purchase — they reflect granted/credited compensation rather than a direct insider buy signal. This type of award is common in executive compensation and should be interpreted as part of pay, not necessarily as a market-confidence trade.