Casellas Alberto 4
Research Summary
AI-generated summary
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.