MOTHNER JONATHAN S 4

What Happened
Jonathan S. Mothner, EVP and Chief Risk and Legal Officer of Synchrony Financial (SYF), was granted 233 dividend-equivalent units on February 17, 2026. The units are valued at $72.31 each, totaling $16,848, and were reported on a Form 4 filed February 19, 2026. This was an award/acquisition tied to restricted stock units (RSUs), not an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-02-17 at $72.31 per unit.
• Shares/units acquired: 233 units; total value ≈ $16,848.
• Shares owned after transaction: not specified in the provided filing.
• Footnote: These are dividend equivalent units (DEUs) that accrued as dividends on the underlying RSUs; each DEU is economically equivalent to one share and vests/settles on the same terms as the related RSUs.
• Filing timeliness: Form 4 filed 2026-02-19 for the Feb 17 transaction — appears timely (within the standard two-business-day reporting window).

Context
Dividend-equivalent units are compensation-related and track the value of dividends on outstanding RSUs; they typically vest under the same schedule as the RSUs and do not represent an open-market bet by the insider. Such awards are routine elements of executive compensation and should be interpreted differently than outright purchases or sales.