Synchrony (SYF) EVP Alberto Casellas Receives Award of 182 Shares

What Happened

Alberto Casellas, EVP, CEO—Health & Wellness at Synchrony Financial, received an award of 182 shares on August 17, 2026, valued at $80.75 per share (total ~$14,697). In addition, 0.782 fractional derivative units were recorded (no cash value reported). These transactions are grants/awards (compensation-related), not open-market purchases or sales.

Key Details

• Transaction date: 2026-08-17; reported on Form 4 filed 2026-08-19 (appears timely).
• Award: 182 shares at $80.75/share — total value approximately $14,697.
• Derivative/fractional units: 0.782 units @ $0.00 (reported value $0).
• Shares owned after the transaction: not specified in the provided excerpt.
• Footnotes of note:
  • F1: 0.782 likely reflects dividend equivalent units accrued that track RSUs and vest/settle on the same terms as the related RSUs (each equals one share economically).
  • F2: Balance adjusted for rounding of fractional shares.
  • F3: Some reported phantom stock units may come from the Deferred Compensation Plan and are cash-settled six months after separation (each equals one share economically).

Context

• This was a compensation award (code A), so it generally reflects company pay practices rather than a personal market trade or market-timing signal.
• The derivative/phantom units are not immediate stock sales or purchases; they represent future economic equivalents of shares and may be cash-settled per plan terms.