Synchrony (SYF) Director Daniel O. Colao Receives 14-Share Award

What Happened Daniel O. Colao, a director of Synchrony Financial (SYF), was granted 14 dividend-equivalent units (reported as 14 shares) on August 17, 2026. The units are valued at $80.75 each for a total reported value of $1,131. This transaction is an award/grant (code A) tied to restricted stock units, not an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-08-17 at $80.75 per unit; total value $1,131.
• Transaction type: A = Award/Grant (receipt of dividend-equivalent units tied to RSUs).
• Shares owned after transaction: Not specified in this filing.
• Footnotes: F1 — these are dividend-equivalent units accrued as dividends on underlying RSUs and vest and settle on the same terms as those RSUs; each unit equals one share. F2 — balance adjusted for rounding of fractional shares over time.
• Filing timeliness: Report filed on 2026-08-19 (within the normal 2-business-day Form 4 window).

Context Dividend-equivalent units are a common form of executive/director compensation that mirror dividend payments on restricted stock units; they vest and settle according to the underlying RSU terms and do not represent an open-market buy or sell by the insider. The disclosed value is modest ($1.1k) and generally reflects routine compensation rather than an explicit trading signal.