Quick Takeaways
- This page summarizes Andrew J. Gregory Jr.'s Form 4 filing for SYNOVUS FINANCIAL CORP (SNV).
- 11 reported transactions and 3 derivative rows are listed below.
- Filing timestamp: 20 Feb 2025, 16:50.
Andrew J. Gregory Jr. - 16 Feb 2025 Form 4 Insider Report for SYNOVUS FINANCIAL CORP (SNV)
- Signature
- /s/ Mary Maurice Young
- Issuer symbol
- SNV
- Transactions as of
- 16 Feb 2025
- Net transactions value
- +$113,816
- Form type
- 4
- Filing time
- 20 Feb 2025, 16:50:36 UTC
- Previous filing
- 18 Feb 2025
- Next filing
- 29 Jul 2025
- SEC
- View on sec.gov
Quoteable Key Fact
"Andrew J. Gregory Jr. filed Form 4 for SYNOVUS FINANCIAL CORP (SNV) on 20 Feb 2025."
What Changed
- Previous filing in this sequence was filed on 18 Feb 2025.
- Current net transaction value: +$113,816.
Why This Matters
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Official SEC Source
Transactions Table
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SNV | Common Stock | Options Exercise | $0 | +2,465 | +5% | $0.000000 | 52,209 | 16 Feb 2025 | Direct | F1 |
| transaction | SNV | Common Stock | Disposed to Issuer | $134,269 | -2,465 | -4.7% | $54.47 | 49,744 | 16 Feb 2025 | Direct | F1 |
| transaction | SNV | Common Stock | Options Exercise | $0 | +2,034 | +4.1% | $0.000000 | 51,778 | 17 Feb 2025 | Direct | F1 |
| transaction | SNV | Common Stock | Disposed to Issuer | $110,792 | -2,034 | -3.9% | $54.47 | 49,744 | 17 Feb 2025 | Direct | F1 |
| transaction | SNV | Common Stock | Tax liability | $92,381 | -1,696 | -3.4% | $54.47 | 48,048 | 18 Feb 2025 | Direct | F2, F3 |
| transaction | SNV | Common Stock | Options Exercise | $505,594 | +9,156 | +19% | $55.22 | 57,204 | 19 Feb 2025 | Direct | F4 |
| transaction | SNV | Common Stock | Award | $311,054 | +5,633 | +9.8% | $55.22 | 62,837 | 19 Feb 2025 | Direct | F5 |
| transaction | SNV | Common Stock | Tax liability | $365,391 | -6,617 | -11% | $55.22 | 56,220 | 19 Feb 2025 | Direct | F6 |
Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SNV | Restricted Stock Units | Options Exercise | $0 | -2,465 | -50% | $0.000000 | 2,464 | 16 Feb 2025 | Common Stock | 2,465 | Direct | F1 | |
| transaction | SNV | Restricted Stock Units | Options Exercise | $0 | -2,034 | -100% | $0.000000 | 0 | 17 Feb 2025 | Common Stock | 2,034 | Direct | F1 | |
| transaction | SNV | Performance Stock Units | Options Exercise | $0 | -9,156 | -100% | $0.000000 | 0 | 19 Feb 2025 | Common Stock | 9,156 | Direct | F4 |
* An asterisk sign (*) next to the price indicates that the price is likely invalid.
Explanation of Responses:
| Id | Content |
|---|---|
| F1 | These shares are subject to restricted stock units that will be settled in cash upon vesting. The units vest 1/3 each year over a three-year period subject to the reporting person's continued employment with Synovus. |
| F2 | These shares were withheld upon the vesting of restricted stock units to pay tax withholding obligations. |
| F3 | Includes 488 shares acquired through dividend accruals and through the reporting person's participation in the Company's broad-based employee stock purchase plan. |
| F4 | These shares are subject to performance stock units (the "PSUs"). The PSUs have a service-based vesting component as well as a performance vesting requirement. Under the service-based vesting component, the PSUs vest 100% after three years subject to the reporting person's continued employment with Synovus. Under the performance vesting component, two performance measures (weighted average return on tangible common equity and relative total shareholder return) are measured over a three-year performance period, with each measure impacting one-half of the PSUs awarded to the reporting person. The actual payout of the PSUs may range from 0% to 150% of the target amount based upon the results of the two performance measures during the performance period compared to the performance objective approved by the Compensation and Human Capital Committee of Synovus' Board of Directors. |
| F5 | On February 22, 2022, the reporting person reported the grant of performance stock units (the "PSUs") with a service-based vesting component as well as a performance-based vesting requirement. Under the service-based vesting component, the PSUs vest 100% after three years subject to the reporting person's continued employment with Synovus. Under the performance-based vesting component, Synovus' weighted average return on average assets is measured over a three-year performance period. Based upon the Total Shareholder Return Multiplier, the reporting person received 3,992 additional shares of the Company's restricted stock, such shares representing the amount vested in excess of the target amount of PSUs initially reported on the Form 4 filed in February 2022. In addition, the reporting person received 1,641 shares through the accrual of dividend equivalents. |
| F6 | These shares were withheld upon the vesting of performance stock units to pay tax withholding obligations. |