| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SYF | Common Stock | Tax liability | -$558K | -13.6K | -14.88% | $41.05 | 77.8K | Mar 1, 2024 | Direct | F1 |
| transaction | SYF | Common Stock | Award | $1.31M | +31.8K | +40.86% | $41.05 | 110K | Mar 1, 2024 | Direct | F2 |
| transaction | SYF | Common Stock | Options Exercise | $504K | +17.2K | +15.67% | $29.33 | 127K | Mar 5, 2024 | Direct | F3 |
| transaction | SYF | Common Stock | Options Exercise | $348K | +11.4K | +9.02% | $30.41 | 138K | Mar 5, 2024 | Direct | F3 |
| transaction | SYF | Common Stock | Sale | -$2.9M | -71.5K | -51.73% | $40.50 | 66.7K | Mar 5, 2024 | Direct | F3 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SYF | Employee Stock Option (right to buy) | Options Exercise | $0 | -17.2K | -100% | $0.00* | 0 | Mar 5, 2024 | Common Stock | 17.2K | $29.33 | Direct | F3, F4 |
| transaction | SYF | Employee Stock Option (right to buy) | Options Exercise | $0 | -11.4K | -100% | $0.00* | 0 | Mar 5, 2024 | Common Stock | 11.4K | $30.41 | Direct | F3, F5 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | Reflects the number of shares of Company common stock automatically withheld by the Company to pay the tax liability of the reporting person in connection with the vesting of restricted stock units. No investment decision was made by the reporting person in connection with the withholding. |
| F2 | Represents restricted stock units that will vest in three equal annual installments of 33.33% each, beginning on the first anniversary of the grant date. Each restricted stock unit represents a contingent right to receive one share of Synchrony Financial (the "Company") common stock. |
| F3 | This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 29, 2023. |
| F4 | The reporting person was awarded employee stock options on April 1, 2016, which vested in five equal annual installments of 20% each, beginning on the first anniversary of the grant date. |
| F5 | The reporting person was awarded employee stock options on April 1, 2015, which vested in five equal annual installments of 20% each, beginning on the first anniversary of the grant date. |
EVP, Chief Technology and Operating Officer