Schaller Bart 4
4 · Synchrony Financial · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
Synchrony EVP/CEO—Digital Bart Schaller Sells 35,300 Shares
What Happened Bart Schaller, EVP and CEO—Digital at Synchrony Financial, sold 35,300 shares in an open-market transaction on Feb 17, 2026, at $70.60 per share for proceeds of $2,492,180. On the same day he was credited with 175 dividend-equivalent units (treated as the economic equivalent of shares) valued at $72.31 each, totaling $12,654, representing dividends accrued on restricted stock units.
Key Details
- Sale: 35,300 shares @ $70.60 on 2026-02-17 — proceeds $2,492,180. (Transaction code S)
- Award/Acquisition: 175 dividend-equivalent units @ $72.31 on 2026-02-17 — value $12,654. (Transaction code A; see F1)
- Sale made under a Rule 10b5-1 trading plan adopted 2025-10-29 (see F2).
- Shares owned after the reported transactions: not specified in this filing.
- Filing date: 2026-02-19. Filing appears timely (within the usual two-business-day Form 4 window).
Context The sale was executed under a pre-established 10b5-1 plan, which typically schedules trades in advance and is commonly used by insiders to avoid questions about timing. The 175 units are dividend equivalents tied to restricted stock units and vest/settle on the same terms as those RSUs — they are not a market purchase. This filing reports routine insider activity; it does not by itself indicate the insider’s current view of the company’s prospects.
Insider Transaction Report
- Award
Dividend Equivalent Unit
[F1]2026-02-17$72.31/sh+175$12,654→ 77,600 total - Sale
Common Stock
[F2]2026-02-17$70.60/sh−35,300$2,492,180→ 42,300 total
Footnotes (2)
- [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.
- [F2]This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on October 29, 2025.