Gentleman Courtney 4
4 · Synchrony Financial · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
Synchrony (SYF) EVP Courtney Gentleman Sells Shares
What Happened
Courtney Gentleman, EVP & CEO—Diversified & Value at Synchrony Financial (SYF), reported an open-market sale of 12,045 shares on February 17, 2026 at $70.60 per share for proceeds of about $850,377. On the same date he was credited 74 award shares (dividend equivalent units) valued at $72.31 each, totaling about $5,351. The primary action here is a sale (disposition); the 74 units are an award tied to restricted stock units, not a market purchase.
Key Details
- Transaction date: 2026-02-17 (reported on Form 4 filed 2026-02-19). Filing appears timely (within the two-business-day Form 4 window).
- Sale: 12,045 shares at $70.60 = $850,377 (open-market disposal).
- Award/Acquisition: 74 dividend-equivalent units at $72.31 = $5,351 (accrued as dividends on RSUs).
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Footnotes: F1 explains the 74 units are dividend equivalents on restricted stock units and vest/settle on the same terms as the related RSUs. F2 notes the sale was made pursuant to a Rule 10b5-1 trading plan adopted Nov 5, 2025.
Context
A 10b5-1 plan indicates the sale was executed under a pre-established trading arrangement, which is commonly used to avoid questions about timing or insider knowledge. Dividend-equivalent units are not new market purchases; they reflect compensation tied to RSUs. As always, these transactions are factual reporting of insider activity and do not by themselves prove the insider’s view of the company’s outlook.
Insider Transaction Report
- Award
Dividend Equivalent Unit
[F1]2026-02-17$72.31/sh+74$5,351→ 29,898 total - Sale
Common Stock
[F2]2026-02-17$70.60/sh−12,045$850,377→ 17,853 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 November 5, 2025.