Richie Laurel 4

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.