Owens Darrell 4

What Happened
Darrell Owens, EVP & CEO, Lifestyle at Synchrony Financial, had 15,213 shares of common stock issued on 2026-01-21 upon the vesting of Performance Share Units (PSUs), valued at $77.13 per share (total ≈ $1,173,379). Simultaneously, 4,909 shares were withheld by the company to satisfy the tax withholding obligation related to the vesting (4,909 × $77.13 ≈ $378,631). Net shares retained by Owens from this vesting were 10,304 shares.

Key Details

• Transaction date: 2026-01-21; Form 4 filed 2026-01-23 (timely filing).
• Award (Code A): 15,213 shares @ $77.13 — total value ≈ $1,173,379.
• Tax withholding (Code F): 4,909 shares @ $77.13 — value ≈ $378,631 (shares withheld/disposed).
• Net shares received after withholding: 10,304 shares.
• Footnotes: F1 — shares represent PSUs earned under the 2023–2025 Long-Term Performance Program based on pre-established performance goals. F2 — the 4,909 shares were withheld to pay the reporting person's tax liability.
• Shares owned after the transaction are not reported in the provided excerpt.

Context
This was a vested PSU award (not an open-market purchase or sale). Tax-withholding dispositions are routine when equity awards vest and do not necessarily indicate a change in sentiment about the company. The filing appears timely (filed two days after the transaction date).