4//SEC Filing
Gentleman Courtney 4
Accession 0002032281-26-000002
CIK 0001601712other
Filed
Jan 22, 7:00 PM ET
Accepted
Jan 23, 4:14 PM ET
Size
6.6 KB
Accession
0002032281-26-000002
Research Summary
AI-generated summary of this filing
Synchrony Financial (SYF) EVP Courtney Gentleman Receives Award
What Happened
- Courtney Gentleman, EVP & CEO—Diversified & Value at Synchrony Financial, received 18,313 shares on 2026-01-21 as the vesting of Performance Share Units (PSUs) under the 2023–2025 Long-Term Performance Program. The shares were recorded at $77.13 each (total value ≈ $1,412,482).
- Simultaneously, 6,267 shares (at $77.13) were withheld to satisfy the reporting person’s tax withholding obligation related to the PSU vesting (proceeds ≈ $483,374). The withholding is a routine tax payment, not an open-market sale.
Key Details
- Transaction date: 2026-01-21; Price per share used for reporting: $77.13.
- Award: 18,313 shares (PSU vesting, F1). Tax withholding: 6,267 shares withheld by the company (F2).
- Filing: Form 4 filed 2026-01-23 — appears timely (filed within the typical 2-business-day window).
- Shares owned after the transaction: not specified in the provided filing.
Context
- These shares result from PSUs vesting based on pre-established 2023–2025 performance goals; such awards reflect compensation outcomes, not an open-market purchase decision.
- The withholding of shares to cover taxes is a common, administrative step and should not be interpreted as separate insider selling for investment reasons.
Insider Transaction Report
Form 4
Gentleman Courtney
See remarks
Transactions
- Award
Common Stock
[F1]2026-01-21$77.13/sh+18,313$1,412,482→ 36,091 total - Tax Payment
Common Stock
[F2]2026-01-21$77.13/sh−6,267$483,374→ 29,824 total
Footnotes (2)
- [F1]Represents common stock of Synchrony Financial (the "Company") earned by the reporting person in connection with the vesting of Performance Share Units ("PSUs") under the 2023-2025 Long- Term Performance Program based on pre-established performance goals for the 2023-2025 performance period.
- [F2]Reflects the number of shares of Company common stock withheld by the Company to pay the tax liability of the reporting person in connection with the vesting of the PSUs under the 2023-2025 Long-Term Performance Program.
Signature
/s/ Danielle Do, as attorney-in-fact|2026-01-23
Documents
Issuer
Synchrony Financial
CIK 0001601712
Entity typeother
Related Parties
1- filerCIK 0002032281
Filing Metadata
- Form type
- 4
- Filed
- Jan 22, 7:00 PM ET
- Accepted
- Jan 23, 4:14 PM ET
- Size
- 6.6 KB