Roy A. Guthrie - Nov 15, 2024 Form 4 Insider Report for Synchrony Financial (SYF)

Role
Director
Signature
/s/ Danielle Do, as attorney in fact
Stock symbol
SYF
Transactions as of
Nov 15, 2024
Transactions value $
$7,863
Form type
4
Date filed
11/19/2024, 06:11 PM
Previous filing
Oct 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SYF Dividend Equivalent Unit Award $7.86K +121 +0.21% $64.98 58.3K Nov 15, 2024 Direct F1, F2
holding SYF Common Stock 10K Nov 15, 2024 See footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents dividend equivalent units accrued on November 15, 2024 as dividends that were paid on the common shares underlying restricted stock units and deferred stock units previously granted to the Reporting Person under the Company's Long-Term Incentive Plans and Non-Employee Director Deferred Compensation Plan (the "NED Deferred Compensation Plan"). The dividend equivalent units vest proportionately with and are subject to settlement and expiration upon the same terms as the restricted stock units or deferred stock units to which they relate. Under the NED Deferred Compensation Plan, deferred stock units settle in shares of common stock according to the Reporting Person's election, in a single lump sum, in five installments or in ten installments, commencing in the July of the year following the year in which the Reporting Person terminates service with the Company. Each dividend equivalent unit is the economic equivalent of one share of Synchrony Financial common stock.
F2 Includes approximately 2,262 dividend equivalent units accrued from regular quarterly dividends that were paid from May 4, 2018 through August 15, 2024 on the common shares underlying deferred stock units previously granted to the Reporting Person under the NED Deferred Compensation Plan. These dividend equivalent units were inadvertently not reported previously due to an administrative error and not any error of the Reporting Person.
F3 Mr. Guthrie is the Investment Manager of Guthrie 2012 Investments LP, which owns 10,000 shares of common stock. Mr. Guthrie disclaims beneficial ownership of the shares of common stock held by Guthrie 2012 Investments LP, except to the extent of his direct pecuniary interest therein.