Synchrony Financial·4

Feb 19, 4:03 PM ET

Wenzel Brian J. Sr. 4

4 · Synchrony Financial · Filed Feb 19, 2026

Research Summary

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Synchrony (SYF) CFO Brian J. Wenzel Sr. Receives 287-Share Award

What Happened

  • Brian J. Wenzel Sr., Executive Vice President and Chief Financial Officer of Synchrony Financial (SYF), was granted 287 dividend-equivalent units on February 17, 2026. The units are reported at $72.31 each for a total reported value of $20,753. This was an award (not an open-market purchase or sale) tied to restricted stock units and is generally part of compensation.

Key Details

  • Transaction type: Award/Grant (code A)
  • Transaction date: 2026-02-17; Filing date: 2026-02-19 (timely)
  • Shares/units granted: 287 at $72.31 each; total value reported $20,753
  • Footnote: These are dividend equivalent units accrued as dividends on the common shares underlying restricted stock units. They vest and settle on the same terms as those RSUs; each unit equals the economic equivalent of one share.
  • Shares owned after transaction: Not specified in the filing

Context

  • Dividend-equivalent units are compensation-related and mirror dividends on RSUs; they do not represent an open-market purchase or sale and should be read as part of executive pay rather than a direct bullish or bearish trading signal. The filing appears timely (reported two days after the transaction).

Insider Transaction Report

Form 4
Period: 2026-02-17
Transactions
  • Award

    Dividend Equivalent Unit

    [F1]
    2026-02-17$72.31/sh+287$20,753116,569 total
Footnotes (1)
  • [F1]Represents dividend equivalent units accrued on February 17, 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.
Signature
/s/ Danielle Do as attorney in fact|2026-02-19

Documents

1 file
  • 4
    wk-form4_1771535026.xmlPrimary

    FORM 4