Richie Laurel 4
4 · Synchrony Financial · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Synchrony (SYF) Director Richie Laurel Receives 789-Share RSU Award
What Happened
Richie Laurel, a director of Synchrony Financial (SYF), received an award of 789 restricted stock units (RSUs) on June 30, 2026. The award is reported at $76.05 per share for a total grant value of $60,003. This was an equity award (code A) — not an open-market purchase or sale — and the RSUs represent a contingent right to receive shares upon vesting.
Key Details
- Transaction date and price: June 30, 2026; 789 RSUs at $76.05 each (total $60,003).
- Vesting/settlement: Footnote states the RSUs will vest in full on June 30, 2027; each RSU equals the right to one share of common stock upon vesting.
- Shares owned after transaction: Not specified in the filing.
- Filing timeliness: Report filed July 2, 2026 (within the Form 4 reporting window); not indicated as late.
- Transaction type: Award/grant (Form 4 code A); no tax withholding or 10b5-1 plan noted in the filing.
Context
RSU grants to directors are a common form of compensation and do not represent an immediate purchase or sale of stock. Because these units vest in the future, they do not convey current voting rights or immediate liquidity until vested and settled. Awards are informative about company compensation practices but should not be taken alone as a directional signal of insider sentiment.
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-30$76.05/sh+789$60,003→ 51,691 total
Footnotes (1)
- [F1]Represents restricted stock units that will vest in full on June 30, 2027. Each restricted stock unit represents a contingent right to receive one share of Synchrony Financial common stock.