Roger C. Hochschild - 14 Aug 2023 Form 4 Insider Report for Discover Financial Services (DFS)

Reporting relationship: CEO and President, Director
Issuer ticker: DFS
Reported as of: 14 Aug 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 16 Aug 2023, 16:21:38 UTC
Prior SEC filing: 05 Jul 2023
Next SEC filing: 03 Oct 2023
Source filing: View source filing
Reporting owner signature: /s/ Efie Vainikos as Attorney-in-Fact for Roger C. Hochschild

Key filing fact

Roger C. Hochschild filed Form 4 for Discover Financial Services (DFS) on 16 Aug 2023.

Key facts

This page summarizes Roger C. Hochschild's Form 4 filing for Discover Financial Services (DFS).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 16 Aug 2023, 16:21.

Change

Previous filing in this sequence was filed on 05 Jul 2023.
Current net transaction value: $0.

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.

DFS transaction

Common Stock

Disposed to Issuer

Transaction value: $0
Shares: -21,286
Change %: -2.3%
Price: $0.000000
Shares after: 895,025
Date: 14 Aug 2023
Ownership: Direct
Footnotes: F1, F2

DFS holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 29,111
Date: 14 Aug 2023
Ownership: By Hochschild Remainder Trust
Footnotes: F3

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

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Roger C. Hochschild is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

These restricted stock units were cancelled in connection with the reporting person's resignation as CEO and President of the issuer.

Footnote F2

Includes 80,876 shares subject to a non-recourse loan to the generation-skipping trust ("GST") for which the reporting person's spouse serves as trustee.

Footnote F3

These shares are held in a trust for the benefit of the reporting person's spouse and children. The reporting person's spouse is trustee of the trust.