Casellas Alberto 4

What Happened Alberto Casellas, EVP, CEO—Health & Wellness at Synchrony Financial (SYF), had 67,590 shares of common stock issued to him on 2026-01-21 upon vesting of Performance Share Units (PSUs) under the 2023–2025 Long‑Term Performance Program (total value $5,213,217 at $77.13/share). To satisfy tax withholding for the vesting, 31,870 of those shares were withheld by the company (treated as a disposition) at the same $77.13/share (value $2,458,133).

Key Details

• Transaction dates: 2026-01-21; filing date: 2026-01-23 (filed timely).
• Awarded: 67,590 shares at $77.13 — value $5,213,217. (Code A = Award/Grant)
• Withheld/disposed: 31,870 shares at $77.13 — value $2,458,133. (Code F = tax withholding)
• Footnotes: F1 = shares earned from vesting of PSUs under the 2023–2025 program; F2 = shares withheld to pay tax liability.
• Shares owned after transaction: not specified in the provided filing excerpt.

Context This was a compensatory issuance (PSU vesting) rather than an open‑market buy or voluntary sale. The withholding of shares to cover taxes is a routine cashless settlement method and does not necessarily indicate a separate sale in the market. The filing appears timely based on the reported transaction and filing dates.