4Filed Aug 18, 8:00 PM ET
Synchrony (SYF) EVP Courtney Gentleman Receives 79-Share Award
$SYF · Synchrony FinancialResearch Summary
AI-generated summary of this SEC filing
Synchrony (SYF) EVP Courtney Gentleman Receives 79-Share Award
What Happened
Courtney Gentleman, EVP & CEO—Diversified & Value at Synchrony Financial (SYF), was granted 79 dividend-equivalent units on August 17, 2026. The units are recorded at $80.75 each for a total value of $6,379. This was an award/acquisition (Form 4 transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-08-17; filing date (Form 4): 2026-08-19 (timely filed).
- Price/value: 79 units × $80.75 = $6,379.
- Transaction type: Award/Grant (A) — dividend equivalent units tied to restricted stock units (RSUs).
- Shares owned after transaction: not specified in the filing.
- Footnote F1: These are dividend equivalent units accrued as dividends on the common shares underlying RSUs; each unit equals one share economically and vests/settles on the same terms as the related RSUs.
- Footnote F2: Balance adjusted for rounding of fractional shares over time.
- Remarks: Position listed as EVP & CEO—Diversified & Value.
Context
Dividend-equivalent units are compensation-related awards that mirror dividend payments on underlying RSUs and vest according to the RSU terms. Such grants reflect compensation mechanics rather than an insider buying stock in the open market, so they are less indicative of a direct bullish signal than a personal cash purchase.