Roger C. Hochschild - Aug 14, 2023 Form 4 Insider Report for Discover Financial Services (DFS)

Role
CEO and President, Director
Signature
/s/ Efie Vainikos as Attorney-in-Fact for Roger C. Hochschild
Stock symbol
DFS
Transactions as of
Aug 14, 2023
Transactions value $
$0
Form type
4
Date filed
8/16/2023, 04:21 PM
Previous filing
Jul 5, 2023
Next filing
Oct 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DFS Common Stock Disposed to Issuer $0 -21.3K -2.32% $0.00 895K Aug 14, 2023 Direct F1, F2
holding DFS Common Stock 29.1K Aug 14, 2023 By Hochschild Remainder Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Roger C. Hochschild 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.
F2 Includes 80,876 shares subject to a non-recourse loan to the generation-skipping trust ("GST") for which the reporting person's spouse serves as trustee.
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.