Synchrony Financial·4

May 19, 4:24 PM ET

Casellas Alberto 4

Research Summary

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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.