COLAO DANIEL O 4

What Happened Daniel O. Colao, a director of Synchrony Financial (SYF), was granted 14 dividend-equivalent units (DEUs) on May 15, 2026. The filing lists an acquisition value of $71.38 per unit for a total reported value of $999. This was an award/settlement related to existing restricted stock units, not an open-market purchase or sale.

Key Details

• Transaction date: May 15, 2026; reported in a Form 4 filed May 19, 2026.
• Transaction type/code: A — Award/Grant/Other acquisition.
• Quantity and price: 14 units at $71.38 each; total reported value $999.
• Shares owned after transaction: Not specified in the provided filing summary.
• Footnote: The units are dividend-equivalent units (DEUs) that accrued as dividends on the common shares underlying RSUs; they vest and settle on the same terms as the related RSUs and each DEU is economically equivalent to one share.
• Timeliness: The Form 4 was filed four days after the transaction date (outside the typical 2-business-day reporting window), so the filing appears late.

Context Dividend-equivalent units are a form of compensation that mirrors cash dividends on restricted stock units; they generally vest and settle with the underlying RSUs. This award is routine compensation-related activity rather than a market purchase or sale and is small in value (~$1,000), so it should be viewed as administrative compensation reporting rather than a clear buy/sell signal.