Michael G. Rhodes - 12 Apr 2024 Form 4 Insider Report for Discover Financial Services (DFS)

Role
CEO and President, Director
Signature
/s/ Efie Vainikos as Attorney-In-Fact for Michael G. Rhodes
Issuer symbol
DFS
Transactions as of
12 Apr 2024
Net transactions value
$0
Form type
4
Filing time
16 Apr 2024, 16:31:36 UTC
Previous filing
26 Feb 2024
Next filing
30 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DFS Common Stock Disposed to Issuer $0 -110,611 -100% $0.000000 240 12 Apr 2024 Direct F1
holding DFS Common Stock 201 12 Apr 2024 By MC Rhodes Revocable Trust F2
holding DFS Common Stock 27 12 Apr 2024 By Michael Rhodes 2012 IND Trust F3
holding DFS Common Stock 19 12 Apr 2024 By Michael Rhodes 2012 INDEN Trust F3
holding DFS Common Stock 183 12 Apr 2024 By JP Cawley GST Ex Trust F3
holding DFS Common Stock 113 12 Apr 2024 By GST Cawley GST N-Ex Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Michael G. Rhodes is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 These restricted stock units were cancelled in connection with the reporting person's resignation as CEO and President of the issuer effective April 1, 2024 and of employment effective April 12, 2024.
F2 These shares are held in a trust for the benefit of the reporting person's spouse. The reporting person's spouse is trustee of the trust.
F3 These shares are held in a trust for the benefit of the reporting person's spouse and children. The reporting person's spouse is trustee of the trust.