Schaller Bart 4
Research Summary
AI-generated summary
Synchrony (SYF) EVP Bart Schaller Receives 143-Share Dividend Award
What Happened Bart Schaller, EVP and CEO—Digital at Synchrony Financial (SYF), was credited with 143 dividend equivalent units on May 15, 2026. The units are recorded at $71.38 each, a total economic value of approximately $10,207. This transaction is an award/acquisition (code A) — dividend equivalents tied to existing restricted stock units (RSUs), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-15 (Period of Report)
- Filing date: 2026-05-19 (Form 4 filed timely)
- Transaction type/code: Award/Grant (A) — dividend equivalent units credited
- Quantity and value: 143 units @ $71.38 = $10,207 (reported)
- Shares owned after transaction: Not specified in the filing
- Footnote: These are dividend equivalent units that were paid on the common shares underlying RSUs; they vest and settle on the same terms as the related RSUs (each unit equals the economic equivalent of one share).
Context Dividend-equivalent units are additional units credited on RSUs and generally vest/settle with the underlying awards; they are not purchases that directly signal market buying. This is routine compensation-related activity rather than an open-market trade. The Form 4 was filed within the normal reporting window.