Richie Laurel 4
Research Summary
AI-generated summary
Synchrony (SYF) Director Richie Laurel Receives Award — 883 RSUs
What Happened Richie Laurel, a director of Synchrony Financial (SYF), received an award of 883 restricted stock units (RSUs) on March 31, 2026. The filing lists an acquisition value of $68.02 per RSU, for a total grant value of $60,062. This was an equity award under a compensation/award code (A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-31; Price/value per unit: $68.02; Total value: $60,062.
- Filing date / Accession: Form 4 filed 2026-04-02 (reporting period 2026-03-31). This filing appears timely (filed within two business days).
- Shares owned after the transaction: not specified in the provided filing summary.
- Footnote: These are RSUs that “will vest in full on March 31, 2027.” Each RSU represents a contingent right to one share.
- Transaction code: A = Award/Grant.
Context RSUs are compensation awards that convert into actual shares only upon vesting; they can be forfeited if vesting conditions aren’t met. Because this is a grant (compensation) rather than a purchase or sale, it’s not an immediate bullish or bearish market signal—it's part of executive/director pay.