Wenzel Brian J. Sr. 4
Research Summary
AI-generated summary
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).