Casellas Alberto 4
4 · Synchrony Financial · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
Synchrony Financial (SYF) EVP Alberto Casellas Receives Award
What Happened
Alberto Casellas, EVP, CEO—Health & Wellness at Synchrony Financial, was granted 181 restricted stock units (reported as acquired at $71.38 each, total ≈ $12,920) on May 15, 2026. The filing also reports 0.78 dividend-equivalent/phantom units (reported at $0.00). This was an award/grant (code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-15; Form 4 filed: 2026-05-19 (timely filed).
- Primary award: 181 RSUs @ $71.38 per share — total value ≈ $12,920.
- Additional reported units: 0.78 dividend-equivalent/phantom units (no cash price reported).
- Shares owned after the transaction: not specified in the provided summary of the filing.
- Footnotes:
- F1: The 0.78 units represent dividend equivalent units that accrue on RSUs and vest/settle on the same terms as the related RSUs (each equals one share economically).
- F2: Phantom stock units were acquired via a deferred compensation dividend reinvestment feature and will be settled in cash six months after the reporting person’s separation from service, each unit equating economically to one share.
Context
This is a standard equity award and dividend-equivalent reporting rather than an insider buying or selling stock. Dividend-equivalent and phantom units are common compensation/deferral mechanisms and do not by themselves indicate a buy or sell intention.
Insider Transaction Report
Form 4
Casellas Alberto
See remarks
Transactions
- Award
Dividend Equivalent Unit
[F1]2026-05-15$71.38/sh+181$12,920→ 50,512 total - Award
Phantom Stock Units
[F2]2026-05-15+0.78→ 185.67 total→ Common Stock (0.78 underlying)
Footnotes (2)
- [F1]Represents dividend equivalent units accrued on May 15, 2026 as dividends that were paid on the common shares underlying restricted stock units. The dividend equivalent units vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted stock units to which they relate. Each dividend equivalent unit is the economic equivalent of one share of Synchrony Financial common stock.
- [F2]The reported phantom stock units were acquired pursuant to a dividend reinvestment feature under the Synchrony Financial Deferred Compensation Plan (the "Deferred Compensation Plan") and are to be settled, in cash, six months following the Reporting Person's separation from service to the Company, subject to the requirements set forth in the Deferred Compensation Plan. Each phantom stock unit is the economic equivalent of one share of Synchrony Financial common stock.
Signature
/s/ Danielle Do as attorney in fact|2026-05-19