Eli Samaha - 19 Sep 2023 Form 4 Insider Report for SYNOVUS FINANCIAL CORP (SNV)

Reporting relationship: 10%+ Owner
Issuer ticker: SNV
Reported as of: 19 Sep 2023
Net transaction value: +$5,198,617
SEC form: 4
Accepted by SEC: 21 Sep 2023, 17:17:12 UTC
Prior SEC filing: 18 Aug 2023
Next SEC filing: 26 Sep 2023
Source filing: View source filing
Reporting owner signature: Eli Samaha

Key filing fact

Eli Samaha filed Form 4 for SYNOVUS FINANCIAL CORP (SNV) on 21 Sep 2023.

Key facts

This page summarizes Eli Samaha's Form 4 filing for SYNOVUS FINANCIAL CORP (SNV).
3 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 21 Sep 2023, 17:17.

Change

Previous filing in this sequence was filed on 18 Aug 2023.
Current net transaction value: +$5,198,617.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SNV transaction

Fixed-Rate Reset Non-Cumulative Perpetual Preferred Series E

Purchase

Transaction value: $4,230,333
Shares: +197,705
Change %: +14%
Price: $21.40
Shares after: 1,598,082
Date: 19 Sep 2023
Ownership: See Footnotes
Footnotes: F1, F4, F5

SNV transaction

Fixed-Rate Reset Non-Cumulative Perpetual Preferred Series E

Purchase

Transaction value: $779,495
Shares: +36,425
Change %: +2.3%
Price: $21.40
Shares after: 1,634,507
Date: 20 Sep 2023
Ownership: See Footnotes
Footnotes: F2, F4, F5

SNV transaction

Fixed-Rate Reset Non-Cumulative Perpetual Preferred Series E

Purchase

Transaction value: $188,789
Shares: +8,884
Change %: +0.54%
Price: $21.25
Shares after: 1,643,391
Date: 21 Sep 2023
Ownership: See Footnotes
Footnotes: F3, F4, F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

The purchase price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $21.35 to $21.40, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.

Footnote F2

The purchase price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $21.38 to $21.40, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.

Footnote F3

The purchase price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $21.25 to $21.30, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.

Footnote F4

These shares are held by funds managed by Madison Avenue Partners, LP. The Reporting Person is the managing partner of Madison Avenue Partners, LP.

Footnote F5

The Reporting Person disclaims beneficial ownership of these securities, except to the extent of the Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed an admission that, for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise, the Reporting Person is the beneficial ownership of such securities.