John B. Owen - 31 Jan 2024 Form 4 Insider Report for Discover Financial Services (DFS)

Role
Interim CEO and President, Director
Signature
/s/ Efie Vainikos as Attorney-In-Fact for John B. Owen
Issuer symbol
DFS
Transactions as of
31 Jan 2024
Net transactions value
+$1,380,940
Form type
4
Filing time
02 Feb 2024, 17:34:04 UTC
Previous filing
16 Aug 2023
Next filing
13 May 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 Award $1,600,105 +15,164 +188% $105.52 23,213 31 Jan 2024 Direct F1
transaction DFS Common Stock Tax liability $154,376 -1,463 -6.3% $105.52 21,750 31 Jan 2024 Direct F2
transaction DFS Common Stock Tax liability $64,789 -614 -2.8% $105.52 21,136 31 Jan 2024 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person was granted a restricted stock unit award in recognition of his service as Interim Chief Executive Officer and President of the Issuer. The restricted stock unit award is fully vested and will settle ratably over three years.
F2 Number of shares withheld to pay the tax withholding obligations in connection with the vesting of the reporting person's August 14, 2023, restricted stock unit award.
F3 Number of shares withheld to pay the tax withholding obligations in connection with the vesting of the reporting person's January 31, 2024, restricted stock unit award.