Margaret M. Keane - 24 Jan 2023 Form 4 Insider Report for Synchrony Financial (SYF)

Role
Executive Chair, Director
Signature
/s/ Danielle Do, as attorney-in-fact
Issuer symbol
SYF
Transactions as of
24 Jan 2023
Net transactions value
-$4,346,266
Form type
4
Filing time
26 Jan 2023, 15:08:37 UTC
Previous filing
04 Jan 2023
Next filing
22 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SYF Common Stock Award $0 +265,171 +35% $0.000000 1,027,957 24 Jan 2023 Direct F1
transaction SYF Common Stock Tax liability $4,346,266 -122,880 -12% $35.37 905,077 24 Jan 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents common stock of Synchrony Financial (the "Company") earned by the reporting person in connection with the vesting of Performance Share Units ("PSUs") under the 2020-2022 Long-Term Performance Program based on pre-established performance goals for the 2020-2022 performance period.
F2 Reflects the number of shares of Company common stock withheld by the Company to pay the tax liability of the reporting person in connection with the vesting of the PSUs under the 2020-2022 Long-Term Performance Program.

Remarks:

Executive Chair