Richie Laurel 4
4 · Synchrony Financial · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
Synchrony (SYF) Director Richie Laurel Receives Award — 135 Shares
What Happened Richie Laurel, a director of Synchrony Financial (SYF), was credited with 135 dividend equivalent units on May 15, 2026. The filing lists the per-unit value as $71.38, for a total economic value of about $9,636. The transaction is reported as an award/grant (code A) rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-15; Filing date (Form 4): 2026-05-19 (filed within the 2-business-day window).
- Amount credited: 135 dividend equivalent units at $71.38 each; total ≈ $9,636.
- Transaction type/code: Award/Grant (A) — dividend equivalents accrued on previously granted restricted stock units and deferred stock units.
- Shares owned after transaction: Not disclosed in the information provided.
- Footnote: F1 — these are dividend equivalent units (each economically equivalent to one share) accrued as dividends on underlying RSUs and deferred stock units.
Context This was not an open-market purchase or sale but a routine crediting of dividend equivalents on existing equity awards. Such credits are common for holders of RSUs/deferred stock and typically reflect dividend accruals rather than a direct signal of the insider’s market view.
Insider Transaction Report
Form 4
Richie Laurel
Director
Transactions
- Award
Dividend Equivalent Unit
[F1]2026-05-15$71.38/sh+135$9,636→ 50,902 total
Footnotes (1)
- [F1]Represents dividend equivalent units accrued on May 15, 2026 as dividends that were paid on the common shares underlying restricted stock units and deferred stock units previously granted to the Reporting Person under the Company's Long-Term Incentive Plans and Non-Employee Director Deferred Compensation Plan. Each dividend equivalent unit is the economic equivalent of one share of Synchrony Financial common stock.
Signature
/s/ Danielle Do, as attorney in fact|2026-05-19