4//SEC Filing
Wolverton Elizabeth D. 4
Accession 0001729435-26-000001
CIK 0000018349other
Filed
Jan 1, 7:00 PM ET
Accepted
Jan 2, 3:58 PM ET
Size
15.0 KB
Accession
0001729435-26-000001
Insider Transaction Report
Form 4
Wolverton Elizabeth D.
EVP, Head Con. Bank. Brand Exp
Transactions
- Disposition to Issuer
Common Stock
2026-01-01−32,341→ 0 total - Disposition to Issuer
Performance Stock Units
2026-01-01−6,214→ 0 total→ Common Stock (6,214 underlying) - Disposition to Issuer
Performance Stock Units
2026-01-01−8,286→ 0 total→ Common Stock (8,286 underlying) - Disposition to Issuer
Performance Stock Units
2026-01-01−5,395→ 0 total→ Common Stock (5,395 underlying) - Disposition to Issuer
Restricted Stock Units
2026-01-01−3,489→ 0 total→ Common Stock (3,489 underlying)
Footnotes (6)
- [F1]On 11:59 p.m. ET on January 1, 2026 (the "Effective Time"), in accordance with the completion of the transactions contemplated by the Agreement and Plan of Merger (the "Merger Agreement"), dated as of July 24, 2025, by and among Synovus Financial Corp. ("Synovus"), a Georgia corporation, Pinnacle Financial Partners, Inc., a Tennessee corporation, and Pinnacle Financial Partners, Inc. (f/k/a Steel Newco Inc.), a Georgia corporation ("New Pinnacle"), and subject to the terms and upon the conditions set forth in the Merger Agreement, each share of common stock of Synovus, $1.00 par value per share ("Synovus Common Stock"), was converted into 0.5237 shares (the "Synovus Exchange Ratio") of common stock of New Pinnacle, $1.00 par value per share ("New Pinnacle Common Stock").
- [F2]Includes 678 shares acquired through dividend accruals.
- [F3]At the Effective Time, (a) each outstanding restricted stock unit ("RSU") in respect of Synovus Common Stock (each, a "Synovus RSU Award") was assumed by New Pinnacle, with each assumed Synovus RSU Award relating solely to a number of shares of New Pinnacle Common Stock determined by multiplying the number of shares of Synovus Common Stock underlying each assumed Synovus RSU Award immediately prior to the Effective Time by the Synovus Exchange Ratio and (b) each performance stock unit ("PSU") of Synovus was converted into the right to receive a number of shares of New Pinnacle Common Stock equal to the number of shares of Synovus Common Stock subject to such PSU (based on maximum performance) immediately prior to the Effective Time multiplied by the Synovus Exchange Ratio, less applicable tax withholdings.
- [F4]Includes 668 shares acquired through dividend accruals.
- [F5]Includes 524 shares acquired through dividend accruals.
- [F6]Includes 162 shares acquired through dividend accruals.
Documents
Issuer
SYNOVUS FINANCIAL CORP
CIK 0000018349
Entity typeother
Related Parties
1- filerCIK 0001729435
Filing Metadata
- Form type
- 4
- Filed
- Jan 1, 7:00 PM ET
- Accepted
- Jan 2, 3:58 PM ET
- Size
- 15.0 KB