Owens Darrell 4
Research Summary
AI-generated summary
Synchrony (SYF) EVP & CEO—Lifestyle Darrell Owens Receives Award of 74 Shares
What Happened
- Darrell Owens, EVP & CEO—Lifestyle at Synchrony Financial (SYF), was granted 74 dividend-equivalent units (DEUs) on May 15, 2026. The units are valued at $71.38 each, for a total economic value of about $5,282. This was an award (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-05-15; 74 units @ $71.38 each; total ≈ $5,282.
- Shares owned after transaction: Not specified in this filing.
- Footnote: The 74 units represent dividend equivalent units accrued as dividends on the common shares underlying restricted stock units; DEUs vest and settle on the same terms as the related RSUs and are economically equivalent to one share each.
- Timeliness: Report filed 2026-05-19 for a 2026-05-15 transaction — filing appears timely (Form 4 is due within two business days).
Context
- These DEUs are an award tied to existing restricted stock units and reflect dividend accruals, not a market purchase or sale; such awards are routine compensation adjustments rather than direct voting-share acquisitions. This transaction signals receipt of compensation rather than a straightforward bullish or bearish trading decision.